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RWEMvsAAXJETF Comparison

ETF 1
RWEM

Rayliant Quantamental Emerging Market Equity ETF

This fund is part of
Uncategorized Equities
+0.15%
VS
ETF 2
AAXJ

iShares MSCI All Country Asia ex Japan ETF

This fund is part of
Global Blended Cap
+0.26%

Rayliant Quantamental Emerging Market Equity ETF (RWEM) belongs to the Uncategorized Equities segment. iShares MSCI All Country Asia ex Japan ETF (AAXJ) is part of the Global Blended Cap segment. RWEM's top 3 sector exposures are Information Technology, Financials and Communication Services. In contrast, AAXJ's top sector exposures are Information Technology, Financials and Consumer Discretionary. RWEM is less expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.72% for AAXJ. RWEM is up 17.89% year-to-date (YTD) with -$27M in YTD flows. AAXJ performs better with 22.93% YTD performance, and +$24M in YTD flows. Run a side-by-side ETF comparison of RWEM 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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RWEM vs AAXJ performance and flow charts

Performance

-4.0-2.00.02.04.06.0%May 8May 15May 22May 29Jun 5

Cumulative Flows

-250 M-200 M-150 M-100 M-50 M0 MMay 8May 15May 22May 29Jun 5

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Historic performance and flows
Data as of 06/08/2026
1M3MYTD1Y3Y5Y
Perf.
RWEM
AAXJ
-2.27%-1.96%
+14.93%+15.95%
+17.89%+22.93%
+40.38%+44.79%
+79.91%+80.49%
n/a+34.69%
Flows
RWEM
AAXJ
-$14M-$241M
-$27M-$422M
-$27M+$24M
-$27M+$48M
+$12M-$637M
--$2.90B
Volatility and drawdown
3M1Y3Y5Y
Volatility
RWEM
AAXJ
+27.72%+29.49%
+19.41%+19.84%
+16.31%+17.41%
n/a+18.19%
Max drawdown
RWEM
AAXJ
-7.50%-8.84%
-13.18%-13.32%
-23.02%-18.08%
n/a-40.48%
Max drawdown duration
RWEM
AAXJ
5d7d
57d55d
270d241d
n/a1533d
Trading data

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RWEM
AAXJ
Last sale
6/9/2026 at 5:46 PM
$33.98
$114.50
Previous close
06/09/2026
$35.96
$114.42
Consolidated volume
06/09/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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RWEM
is actively managed and doesn’t replicate an index

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RWEM
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 6/9/2026 at 5:46 PM
Live
Closed
RWEM
AAXJ
Last price
$33.98
$114.50
1D performance
-5.51%
+0.07%
AuM$67.86 M$3.82 B
E/R0.52%0.72%
Characteristics
RWEM
AAXJ
Management strategyActivePassive
ProviderRayliant Asset ManagementiShares
Benchmark-MSCI AC Asia ex Japan Index
N° of holdings133832
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 15, 2021August 13, 2008
ESGNoNo
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Exposure

Countries

RWEM
Taiwan
24.85%
Republic of Korea
18.74%
China
9.21%
Cayman Islands
9.18%
Other
38.02%
AAXJ
Taiwan
27.53%
Republic of Korea
21.1%
India
13.51%
Cayman Islands
13.34%
China
11.38%
Other
13.14%

Sectors

RWEM
Information Techn.
34.46%
Financials
13.72%
Other
51.82%
AAXJ
Information Techn.
41.46%
Financials
16.74%
Consumer Discreti.
9.64%
Industrials
7.38%
Other
24.78%
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Diversification

RWEM

Total weight of top 15 holdings out of 15

40.65%
AAXJ

Total weight of top 15 holdings out of 15

43.48%

Top 15 holdings

Data as of April 30, 2026
RWEM
TWN SEMICONT MAN
12.84%
SAMSUNG ELECTR
5.20%
MEDIATEK INC
4.18%
SK HYNIX
4.02%
TENCENT HOLDINGS
2.73%
DELTA ELECTRONIC
1.66%
NETEASE INC
1.62%
AGRICULTURAL BANK OF CHINA
1.60%
WOORI FINANCIAL GROUP INC
1.26%
PICC PROP & CASUALTY
1.09%
ALIBABA GROUP HOLDING LTD
1.02%
KIA CORPORATION
0.94%
US44332N1063
0.86%
SANLAM
0.83%
HYOSUNG HEAVY INDUSTRIES
0.80%
AAXJ
TWN SEMICONT MAN
16.04%
SAMSUNG ELECTR
6.79%
SK HYNIX
4.57%
TENCENT HOLDINGS
3.69%
ALIBABA GROUP HOLDING LTD
2.67%
DELTA ELECTRONIC
1.29%
MEDIATEK INC
1.22%
AIA
1.09%
CHINA CONSTRUCTION BANK
1.04%
DBS GROUP HOLDINGS
0.93%
HDFC BANK
0.89%
RELIANCE INDUSTRIES
0.89%
HON HAI PRECISION INDUSTRY
0.84%
SAMSUNG ELEC-1P PRF
0.84%
US0669224778
0.70%
Frequently asked questions about RWEM and AAXJ

How have the RWEM and AAXJ ETFs performed in 2026?

As of June 8, 2026, RWEM is up 17.89% year-to-date (YTD), while AAXJ has returned 22.93%. That puts AAXJ better performer ahead so far this year.

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

Year-to-date, the RWEM ETF saw -$27M in flows, compared to +$24M for AAXJ.

Which ETF is more volatile: RWEM or AAXJ?

Over the past year, RWEM had a volatility of 19.41%, while AAXJ experienced 19.84%.

Which ETF is bigger: RWEM or AAXJ?

As of June 8, 2026, RWEM holds $67.86 M in assets under management (AUM), while AAXJ manages $3.82 B.

What sectors do the RWEM and AAXJ ETFs invest in?

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

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

RWEM top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and MEDIATEK INC. AAXJ holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and SK HYNIX.

Which ETF is more diversified: RWEM or AAXJ?

RWEM holds 137 securities with 40.65% of its assets in the top 15. AAXJ has 906 securities and a top 15 weight of 43.48%.

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