Is AAXJ a good investment?

iShares MSCI All Country Asia ex Japan ETF (AAXJ) is a Asia-Pacific regional ETF. As of September 11, 2026, ETF Copilot scores AAXJ 6.3 out of 10 — highest on Growth (9.7), lowest on Valuation (3.8). It trades at 15.6 times earnings, against its own median of 13.7. Its ten largest holdings are 43% of the fund.

Updated September 11, 2026

How is AAXJ rated? ETF Copilot scores iShares MSCI All Country Asia ex Japan ETF (AAXJ) 6.3 out of 10

As of September 11, 2026, ETF Copilot scores iShares MSCI All Country Asia ex Japan ETF (AAXJ) 6.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 6.3 / 10
Growth: 9.7 / 10
Valuation: 3.8 / 10
Risk: 4.0 / 10
Quality: 8.5 / 10
Return: 4.9 / 10

What is AAXJ's expense ratio? 0.72% a year

As of September 11, 2026, AAXJ charges 0.72% a year, yields 2.07% and holds $3.9B in assets across 953 positions.

iShares MSCI All Country Asia ex Japan ETF (AAXJ) — cost, income and size
Measure	AAXJ
Expense ratio	0.72%
Dividend yield	2.07%
Assets under management	$3.9B
Holdings	953

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.

What stands out in AAXJ's data

Large- and mid-cap stocks across Asia, excluding Japan.

Earns more on its capital than most regional peers — a sign the companies it holds generate real profits.

Return on invested capital of 31.4% sits ahead of most peers and well above the category median of 21.1%. Expenses run at 0.7%.

A broad regional anchor for a portfolio already tilted toward developed markets.

Is AAXJ expensive right now? It trades at 15.6 times earnings, against its own median of 13.7

As of September 11, 2026, AAXJ is more expensive than 82% of its own 114 monthly readings since 2017 — 93 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside AAXJ? 31% Tech

What's inside AAXJ: Size (Large 56%, Mid 25%, Small 19%); Geography (International 100%, US 0%); Tech 30.7%; AI 1.2%; Semiconductors 12.3%; Memory 18.8%.

What are AAXJ's top holdings? The ten largest are 43% of the fund

More concentrated than 54% of Asia Pacific ETFs.

Half of AAXJ's weight sits in its 20 largest positions, and once those weights are taken into account it behaves like 23 equally weighted holdings.

Cite this

ETF Copilot, “iShares MSCI All Country Asia ex Japan ETF (AAXJ) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/aaxj