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EEMAvsAAXJETF Comparison

ETF 1
EEMA

iShares MSCI Emerging Markets Asia ETF

This fund is part of
EM Large & Mid Cap
+1.57%
Full EEMA fund page
VS
ETF 2
AAXJ

iShares MSCI All Country Asia ex Japan ETF

This fund is part of
Global Blended Cap
+0.55%
Full AAXJ fund page

iShares MSCI Emerging Markets Asia ETF (EEMA) belongs to the EM Large & Mid Cap segment. iShares MSCI All Country Asia ex Japan ETF (AAXJ) is part of the Global Blended Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Consumer Discretionary. EEMA is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.72% for AAXJ. EEMA is up 6.58% year-to-date (YTD) with -$244M in YTD flows. AAXJ performs better with 7.38% YTD performance, and +$446M in YTD flows. Run a side-by-side ETF comparison of EEMA and AAXJ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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EEMA vs AAXJ performance and flow charts

Performance

-4.0-2.00.02.04.0%Feb 10Feb 12Feb 17Feb 19Feb 23Feb 26Mar 2Mar 4Mar 6Mar 10

Cumulative Flows

-300 M-200 M-100 M0 M100 MFeb 10Feb 12Feb 17Feb 19Feb 23Feb 26Mar 2Mar 4Mar 6Mar 10

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
EEMA
AAXJ
-2.78%-2.20%
+7.49%+8.37%
+6.58%+7.38%
+38.01%+38.19%
+66.88%+64.92%
+21.70%+19.37%
Flows
EEMA
AAXJ
-$264M+$129M
-$244M+$336M
-$244M+$446M
+$681M+$396M
+$460M-$427M
+$327M-$2.47B
Volatility and drawdown
3M1Y3Y5Y
Volatility
EEMA
AAXJ
+18.54%+18.44%
+17.54%+17.21%
+15.92%+15.67%
+17.57%+17.24%
Max drawdown
EEMA
AAXJ
-8.74%-8.61%
-14.76%-14.84%
-18.37%-18.08%
-40.43%-40.72%
Max drawdown duration
EEMA
AAXJ
13d13d
51d51d
242d241d
1543d1560d
Trading data

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EEMA
AAXJ
Last sale
3/11/2026 at 1:30 PM
$100.20
$100.56
Previous close
03/10/2026
$99.68
$100.08
Consolidated volume
03/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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EEMA
AAXJ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
EEMA
AAXJ
Last price
$100.20
$100.56
1D performance
+0.52%
+0.48%
AuM$1.42 B$3.74 B
E/R0.49%0.72%
Characteristics
EEMA
AAXJ
Management strategyPassivePassive
ProvideriSharesiShares
BenchmarkMSCI EM Asia Custom Capped IndexMSCI AC Asia ex Japan Index
N° of holdings781843
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateFebruary 8, 2012August 13, 2008
ESGNoNo
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Exposure

Countries

EEMA
Taiwan
26.18%
Cayman Islands
17.76%
Republic of Korea
17.71%
India
16.8%
China
13.93%
Other
7.63%
AAXJ
Taiwan
23.95%
Republic of Korea
17.74%
Cayman Islands
16.93%
India
15.06%
China
11.92%
Other
14.41%

Sectors

EEMA
Information Techn.
36.06%
Financials
15.74%
Consumer Discreti.
12.79%
Communication Ser.
9.67%
Other
25.74%
AAXJ
Information Techn.
34.62%
Financials
18.09%
Consumer Discreti.
11.77%
Communication Ser.
8.98%
Industrials
7.09%
Other
19.45%
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Diversification

EEMA

Total weight of top 15 holdings out of 15

43.67%
AAXJ

Total weight of top 15 holdings out of 15

41.85%

Top 15 holdings

Data as of January 31, 2026
EEMA
TWN SEMICONT MAN
15.89%
TENCENT HOLDINGS
5.71%
SAMSUNG ELECTR
4.70%
ALIBABA GROUP HOLDING LTD
4.10%
SK HYNIX
3.69%
HDFC BANK
1.29%
CHINA CONSTRUCTION BANK
1.12%
RELIANCE INDUSTRIES
1.03%
HON HAI PRECISION INDUSTRY
1.00%
MEDIATEK INC
0.97%
XIAOMI CORP
0.90%
DELTA ELECTRONIC
0.88%
ICICI BANK
0.87%
PINDUODUO INC ADR
0.82%
PING AN
0.70%
AAXJ
TWN SEMICONT MAN
14.38%
SAMSUNG ELECTR
5.40%
TENCENT HOLDINGS
5.16%
ALIBABA GROUP HOLDING LTD
3.86%
SK HYNIX
3.34%
AIA
1.25%
HDFC BANK
1.17%
CHINA CONSTRUCTION BANK
1.02%
US0669224778
1.01%
RELIANCE INDUSTRIES
0.93%
DBS GROUP HOLDINGS
0.92%
HON HAI PRECISION INDUSTRY
0.92%
MEDIATEK INC
0.88%
XIAOMI CORP
0.82%
DELTA ELECTRONIC
0.79%
Frequently asked questions about EEMA and AAXJ

How have the EEMA and AAXJ ETFs performed in 2026?

As of March 10, 2026, EEMA is up 6.58% year-to-date (YTD), while AAXJ has returned 7.38%. That puts AAXJ better performer ahead so far this year.

Which ETF is attracting more investor money: EEMA or AAXJ?

Year-to-date, the EEMA ETF saw -$244M in flows, compared to +$446M for AAXJ.

Which ETF is more volatile: EEMA or AAXJ?

Over the past year, EEMA had a volatility of 17.54%, while AAXJ experienced 17.21%.

Which ETF is bigger: EEMA or AAXJ?

As of March 10, 2026, EEMA holds $1.42 B in assets under management (AUM), while AAXJ manages $3.74 B.

What sectors do the EEMA and AAXJ ETFs invest in?

EEMA leans toward sectors like Information Technology, Financials and Consumer Discretionary. Meanwhile, AAXJ focuses on Information Technology, Financials and Consumer Discretionary.

What are the top holdings of the EEMA ETF and AAXJ ETF?

EEMA top holdings include TWN SEMICONT MAN, TENCENT HOLDINGS and SAMSUNG ELECTR. AAXJ holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and TENCENT HOLDINGS.

Which ETF is more diversified: EEMA or AAXJ?

EEMA holds 843 securities with 43.67% of its assets in the top 15. AAXJ has 915 securities and a top 15 weight of 41.85%.

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