iShares MSCI All Country Asia ex Japan ETF
$113.62−0.75 (−0.66%)
- 0.72%
- $3.9B
- +30.6%
- 1.35%
- 0.5M sh
- $115.62
- low $87.98high $124.89
The ETF.net AAXJ Grade
C
Score 50 out of 100
- 6 of 7
Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 7 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 7Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 6 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 2 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C41 out of 100Rank 5 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B67 out of 100Rank 2 of 7
Our read on AAXJ
CThe regional Asia trade with Japan carved out: roughly 900 large- and mid-cap stocks from developed and emerging markets, in one ticker since 2008. You pay up for that precision.
The fund tracks an index of large- and mid-cap equities from developed and emerging Asian countries, excluding Japan, providing regional international equity exposure.
Why people hold it
- One ticket, roughly 900 large- and mid-cap Asian stocks, spanning both developed and emerging markets under a single index rulebook.
- Running since 2008 and now a multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
- Japan sits outside the MSCI AC Asia ex Japan index by design, leaving investors free to size Japan exposure on their own terms.
Worth knowing
- At 0.72% a year, the fee runs well above the 0.28% typical of its peer group and far above broad international index funds like IXUS at 0.07%.
- Emerging Asian markets are baked into the mandate, so currency moves and local market swings ride along with the developed-market names.
- Cash comes back once or twice a year rather than monthly.
AAXJ Holdings
- Stocks
- 963
- 44%
- 2330.TW
Geography
- Taiwan (Province of China)33.18%
- Korea (the Republic of)23.51%
- China19.54%
- India11.64%
- Hong Kong4.75%
- Singapore3.61%
- Thailand1.03%
- Malaysia0.97%
- 1.77%
Developed 9% · Emerging 91%
AAXJ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
AAXJ$13,056
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | AAXJ |
|---|---|
| Year to date | +23.2% |
| 1 month | −2.8% |
| 3 months | −1.6% |
| 1 year | +30.6% |
| 3 years | +23.7% |
| 5 years | +8.3% |
| 10 years | +8.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AAXJ |
|---|---|---|
| 2026 YTD | +23.2% | |
| 2025 | +31.5% | |
| 2024 | +10.4% | |
| 2023 | +5.2% | |
| 2022 | −20.4% | |
| 2021 | −5.7% | |
| 2020 | +23.4% |
AAXJ in the news
AAXJ Dividends
- 1.35%
- $1.55
- $0.42 per share
- Twice a year
Distribution history
AAXJ Risk
- 16.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −36.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AAXJ Cost
0.72%
AAXJ0.72%
- The middle half of Asia-Pacific Region funds
- Median 0.19%
Every other Asia-Pacific Region fund charges less.
Other funds in Asia-Pacific Region
- AIPACiShares Core MSCI Pacific ETFExpense ratio 0.09%1 year return +23.7%
- BFLAXFranklin FTSE Asia ex Japan ETFExpense ratio 0.19%1 year return +30.4%
- CBBAXJPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETFExpense ratio 0.19%1 year return +15.9%
- CEPPiShares MSCI Pacific ex Japan ETFExpense ratio 0.47%1 year return +12.6%
- CAIAiShares Asia 50 ETFExpense ratio 0.50%1 year return +55.6%