AAXJ
iShares MSCI All Country Asia ex Japan ETF
📎 Investment Objective
The iShares MSCI All Country Asia ex Japan ETF (AAXJ) seeks to track the investment results of an index composed of large- and mid-capitalization equities from Asian countries, excluding Japan.
Overview
ETF tracking iShares MSCI All Country Asia ex Japan ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI All Country Asia ex Japan ETF (AAXJ) seeks to track the investment results of an index composed of large- and mid-capitalization equities from Asian countries, excluding Japan.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the MSCI All Country Asia ex Japan Index. It invests primarily in stocks of companies located in Asian countries, excluding Japan, that are included in the underlying index.
✨ Key Features
- Provides exposure to a broad range of Asian equity markets, excluding Japan
- Diversified portfolio across multiple countries and sectors
- Low expense ratio of 0.00%
- Tracks the MSCI All Country Asia ex Japan Index
⚠️ Primary Risks
- Exposure to emerging and frontier markets, which may be subject to greater volatility and liquidity risks
- Currency risk as the fund holds securities denominated in foreign currencies
- Concentration risk as the fund is focused on a specific geographic region
- Market risk as the value of the fund's holdings may fluctuate with changes in the overall stock market
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the Asian equity markets, excluding Japan, as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with emerging and frontier market investments.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | 2330 | TAIWAN SEMICONDUCTOR MANUFACTURING | 12.84% | Information Technology |
| 2 | 700 | TENCENT HOLDINGS LTD | 6.01% | Communication |
| 3 | 9988 | ALIBABA GROUP HOLDING LTD | 3.97% | Consumer Discretionary |
| 4 | 005930 | SAMSUNG ELECTRONICS LTD | 3.68% | Information Technology |
| 5 | 000660 | SK HYNIX INC | 2.53% | Information Technology |
| 6 | HDFCBANK | HDFC BANK LTD | 1.40% | Financials |
| 7 | 1299 | AIA GROUP LTD | 1.28% | Financials |
| 8 | 939 | CHINA CONSTRUCTION BANK CORP H | 1.16% | Financials |
| 9 | RELIANCE | RELIANCE INDUSTRIES LTD | 1.15% | Energy |
| 10 | 2317 | HON HAI PRECISION INDUSTRY LTD | 1.13% | Information Technology |
| 11 | 1810 | XIAOMI CORP | 1.07% | Information Technology |
| 12 | PDD | PDD HOLDINGS ADS INC | 1.06% | Consumer Discretionary |
| 13 | D05 | DBS GROUP HOLDINGS LTD | 1.01% | Financials |
| 14 | ICICIBANK | ICICI BANK LTD | 0.94% | Financials |
| 15 | XTSLA | BLK CSH FND TREASURY SL AGENCY | 0.77% | Cash and/or Derivatives |