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ETFs

iShares MSCI All Country Asia ex Japan ETF

AAXJ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 13 2008
Expense Ratio
0.69%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$52,974,311
AUM
$2,867,082,110
Associated Index
MSCI All Country Asia ex Japan Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
7.74%
005930
Samsung Electronics
4.48%
700
Tencent Holdings Ltd.
4.39%
9988
Alibaba Group Holding Ltd
2.86%
1299
AIA Group Limited
1.96%
500325
Reliance Industries Ltd.
1.59%
n/a
TWD CASH
1.54%
n/a
INR CASH
1.44%
3690
Meituan - Ordinary Shares - Class B
1.28%
n/a
KRW CASH
1.11%
Invest with AAXJ

What is AAXJ?

The iShares MSCI All Country Asia ex Japan Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Country Asia ex Japan Index.

ETFs related toAAXJ

ETFs correlated to AAXJ include EEM, EDC, EEMA

AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
EEMA
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Asia ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toAAXJ

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with AAXJ using Composer

FAQ

AAXJ is a Global Ex. US Equities ETF. The iShares MSCI All Country Asia ex Japan Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI All Country Asia ex Japan Index.

AAXJ tracks the MSCI All Country Asia ex Japan Index.

No, AAXJ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, AAXJ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AAXJ is 0.0195%. This is the percent change in the value of AAXJ over the most recent 1-month period. The 3-month return on AAXJ is -0.0118%. This is the percent change in the value of AAXJ over the most recent 3-month period.

The standard deviation of AAXJ for the past year is 0.2105%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AAXJ include VGK, VEA, and VEU.

ETFs correlated to AAXJ include EEM, EDC, and EEMA.

ETFs that are inversely correlated to AAXJ include EDZ, YANG, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.