AAXJ vs EWM: holdings overlap, shared companies and scores
As of October 9, 2026, AAXJ and EWM overlap 1.0% by weight. iShares MSCI All Country Asia ex Japan ETF (AAXJ): Large- and mid-cap Asian stocks. iShares MSCI Malaysia ETF (EWM): Malaysian large- and mid-cap stocks.
Updated October 9, 2026
Where AAXJ and EWM trade against their own history
AAXJ trades at 14.9 times earnings, against its own median of 14.0, and is more expensive than 65% of its own last 9 years.
EWM trades at 12.6 times earnings, against its own median of 14.8, and is cheaper than 94% of its own last 9 years.
What moved EWM this week
EWM fell 1.5% in the week to October 9, 2026. The holdings that moved it most were Bumiputra-Commerce (−5.2%), Public Bank Berhad (−2.0%) and Malayan Banking BHD (−2.2%); Sunway Construction Group BHD (+2.2%) pushed the other way.
What do AAXJ and EWM each hold?
What's inside AAXJ: Tech 50%, Semiconductors 30%.
45% of AAXJ is its ten largest holdings.
72% of EWM is its ten largest holdings.
How much do AAXJ and EWM overlap? 1.0% by weight
As of October 9, 2026, AAXJ and EWM overlap 1.0% by weight.
1% of AAXJ is already inside EWM.
100% of EWM is already inside AAXJ.
AAXJ holds 960 companies and EWM holds 23; 22 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score AAXJ and EWM? 5.7 and 3.8 out of 10
As of October 9, 2026, ETF Copilot scores AAXJ 5.7 out of 10 and EWM 3.8 out of 10.
They differ most on Growth: AAXJ 9.6 and EWM 2.2.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | AAXJ | EWM |
|---|---|---|
| Growth | 9.6 | 2.2 |
| Value | 2.8 | 8.6 |
| Risk | 2.5 | 7.6 |
| Quality | 7.4 | 1.5 |
| Return | 4.9 | 1.3 |
EWM is the cheaper of the two at 0.50% a year
As of October 9, 2026, AAXJ charges 0.72% a year, yields 1.34% and holds $4.0B in assets across 960 positions.
As of October 9, 2026, EWM charges 0.50% a year, yields 3.76% and holds $257M in assets across 23 positions.
| Measure | AAXJ | EWM |
|---|---|---|
| Expense ratio | 0.72% | 0.50% |
| Dividend yield | 1.34% | 3.76% |
| Assets under management | $4.0B | $257M |
| Holdings | 960 | 23 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “AAXJ vs EWM holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/aaxj-vs-ewm
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