AAXJ

iShares MSCI All Country Asia ex Japan 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.


Emerging Market

EQUITY

Rules-Based

MANAGEMENT STYLE

2.5 B

ASSETS UNDER MGMT

70 bp

EXPENSES
Fund Basics
Fund sponsorBarclays Global Investors
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateAug 13, 2008
Assets (mns)$2,484
Expense ratio70 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-Annually
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
TAIWAN SEMICONDUCTOR MANUFAC 11.3 %
TENCENT HOLDINGS LTD 4.8 %
RELIANCE INDUSTRIES LTD 3.1 %
SAMSUNG ELECTRONICS CO LTD 2.6 %
ALIBABA GROUP HOLDING LTD. 2.5 %
HDFC BANK LIMITED 1.8 %
MEITUAN DIANPING 1.4 %
ICICI BANK LTD 1.1 %
AIA GROUP LTD 1.1 %
CHINA CONSTRUCTION BANK-H 1.1 %
Constituent Breakdown
Number of holdings942
Herfindahl-Hirschman Index 191
Wgt avg mkt cap (mns)$171,165
Large cap (>$10bn)84.2%
Mid cap ($2-10bn)15.5%
Small cap (<$2bn)0.2%
Developed mkts.13.8%
Emerging mkts.86.2%
Country Exposure
CHINA 26.9 %
INDIA 23.0 %
TAIWAN 21.2 %
SOUTH KOREA 10.3 %
HONG KONG 6.1 %
SINGAPORE 3.8 %
MALAYSIA 1.7 %
INDONESIA 1.6 %
THAILAND 1.5 %
PHILIPPINES 0.6 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 8.8% 12.5% 6.0% -2.7% 2.5% 3.3% 4.2%
Volatility 17.0% 16.8% 17.7% 19.8% 22.2% 20.0% --
Market Correlations
versus...BetaR-squared
S&P 5000.6531%
MSCI EAFE0.8553%
MSCI Emg Mkts1.1597%
Liquidity Measures
Avg. volume (000)423
Turnover1.2%
Avg. Bid/Ask (% of price)0.02%
ADV of underlying (mns)$59,487
Technical Indicators
Recent close$72.62
30d moving avg.$74.67
Annualized volatility20.2%
Relative strength (RSI)50
Short interest (ETF)4.4%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: AAXJ vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.3 12.0 1.5 2.5% --
Based on closing prices from 12/20/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
AAXJ



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™

AAXJ

6.2%

Cat. Avg

7.9%


ALTAR Score™ Calculation

Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™ of 7.9% and a standard deviation of 4.2%. AAXJ's ALTAR Score™ is approximately 0.4 standard deviations below the category average. This places AAXJ in the 34th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

AAXJ
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Emerging Market Equity ETFs
# of ETFs 103
Avg. Expense Ratio 64.6 bp
Std. Deviation 29 bp
AAXJ (70 bp) Percentile rank 58
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
AAXJ 70.0 1.8 71.8
Peer Avg. 47.6 37.7 85.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .