ATLASiShares MSCI All Country Asia ex Japan ETF (AAXJ): outlook, holdings and fees
iShares MSCI All Country Asia ex Japan ETF (AAXJ) tracks the MSCI All Country Asia ex Japan Index and is managed by iShares. The expense ratio is 0.69% and the yield is 1.30%. The ten largest holdings are 44% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on AAXJ
| Last price | $107.48 (+1.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $103.61 – $112.29 |
| Normal 1-day range (±1σ) | ±1.4% |
| Distribution yield | 1.30% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
AAXJ fund facts
| Issuer | iShares |
|---|---|
| Index tracked | MSCI All Country Asia ex Japan Index |
| Theme | Japan |
| Assets under management | $3.9B |
| Expense ratio | 0.69% |
| Number of holdings | 948 |
| Portfolio turnover | 16% |
| Inception | Aug 13, 2008 |
| Exchange | NASDAQ |
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. The index is a free float-adjusted market capitalization weighted index designed to measure equity market performance of securities from the following 10 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand.
AAXJ top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | Technology | 18.50% |
| Samsung Electronics Co Ltd 005930 | Technology | 8.69% |
| SK Hynix Inc 000660 | Technology | 6.04% |
| Tencent Holdings Ltd 0700 | Communication Services | 2.87% |
| Alibaba Group Holding Ltd 9988 | Consumer Cyclical | 2.17% |
| MediaTek Inc 2454 | Technology | 1.92% |
| DBS Group Holdings Ltd D05 | Financial Services | 1.08% |
| Delta Electronics Inc 2308 | Technology | 1.03% |
| Samsung Electronics Co Pref 005935 | Technology | 1.09% |
| China Construction Bank Corp 0939 | Financial Services | 0.94% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
AAXJ sector breakdown
| Sector | Weight |
|---|---|
| Technology | 49.2% |
| Financial Services | 17.9% |
| Consumer Cyclicals | 7.7% |
| Industrials | 6.7% |
| Communication Services | 5.5% |
| Basic Materials | 3.2% |
| Healthcare | 3.0% |
| Energy | 2.2% |
| Consumer Defensive | 1.9% |
| Utilities | 1.5% |
| Real Estate | 1.3% |
By region: Asia Developed 63.5%, Asia Emerging 35.7%, North America 0.7%, United Kingdom 0.1%.
AAXJ returns and risk
| Year to date | +24.7% |
|---|---|
| 1 year | +27.5% |
| 3 years (annualised) | +25.0% |
| 5 years (annualised) | +8.6% |
| 10 years (annualised) | +8.6% |
| Volatility (3 years) | 16.7% |
| Sharpe ratio (3 years) | 1.19 |
Past returns do not guarantee future results.
AAXJ: frequently asked questions
What does AAXJ invest in?
iShares MSCI All Country Asia ex Japan ETF follows the MSCI All Country Asia ex Japan Index. Its largest holdings are Taiwan Semiconductor Manufacturing Co. Ltd. (18.5%), Samsung Electronics Co Ltd (8.7%), SK Hynix Inc (6.0%), Tencent Holdings Ltd (2.9%), Alibaba Group Holding Ltd (2.2%).
What is the AAXJ expense ratio?
0.69% a year: about $69.00 for every $10,000 invested.
What is the AAXJ dividend yield?
1.30%. ATLAS does not hold the exact distribution dates for ETFs.
Will AAXJ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $103.61 to $112.29 from $107.48 today. It is a probability, not a prediction.
How has AAXJ performed?
Year to date +24.7%, one year +27.5%, three years +25.0% a year, five years +8.6% a year. Past returns do not guarantee future results.
Similar ETFs: Japan
- iShares MSCI Japan ETF (EWJ)
- JPMorgan BetaBuilders Japan ETF (BBJP)
- WisdomTree Japan Hedged Equity Fund (DXJ)
- JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX)
- Franklin FTSE Japan ETF (FLJP)
- iShares MSCI Pacific ex Japan ETF (EPP)
- iShares MSCI Japan Value ETF (EWJV)
- Xtrackers MSCI Japan Hedged Equity ETF (DBJP)
Educational information, not investment advice. Disclaimer