Equity: Asia-Pacific Ex-Japan - Total Market

AAXJ Top Performer Intra-day
Price $65.55
Today’s Change 0.51%
4:00pm 08/21/2019
AXJL Bottom Performer Intra-day
Price $63.54
Today’s Change 0.36%
4:00pm 08/21/2019

ETF.com Insight

With 4 ETFs and over $3.64B in combined AUM, the Equity: Asia-Pacific Ex-Japan - Total Market segment provides exposure to the Asia-Pacific Ex-Japan space with a focus on securities.

Year-to-date, the best-performing ETF in the segment is the WisdomTree Asia-Pacific ex-Japan Fund (AXJL), with a total return of 4.40%. Meanwhile, the most popular ETF is the iShares MSCI All Country Asia ex Japan ETF (AAXJ) with $3.58BB in assets under management.

Investors should take a look at the iShares MSCI All Country Asia ex Japan ETF (AAXJ). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. AAXJ tracks a market-cap weighted index of Asian stocks, excluding Japan. The fund holds securities from both developed and emerging markets in Asia. AAXJ has an expense ratio of 0.66% and tracks the MSCI AC Asia ex Japan Index.

ETF.com Efficiency Insight

The average efficiency score in the Equity: Asia-Pacific Ex-Japan - Total Market segment is 79 out of 100, with the Franklin FTSE Asia ex Japan ETF(FLAX) obtaining the highest rating of 88 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.42% per year, with the Franklin FTSE Asia ex Japan ETF (FLAX) having the lowest expense ratio, charging investors 0.19% yearly.

Investors should look for funds with tight tracking, such as the Franklin FTSE Asia ex Japan ETF (FLAX), with a 12-month median tracking difference of -0.14%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: Asia-Pacific Ex-Japan - Total Market segment is 47 out of 100, with the iShares MSCI All Country Asia ex Japan ETF(AAXJ) obtaining the highest rating of 88 out of 100.

The iShares MSCI All Country Asia ex Japan ETF (AAXJ) is the undisputed segment leader when it comes to liquidity. The fund trades 84.11M in daily average volume. Investors should also find ample liquidity in the Franklin FTSE Asia ex Japan ETF (FLAX), with $162.95K in daily dollar volume.

Use limit orders to trade funds such as the iShares Edge MSCI Min Vol Asia ex Japan ETF(AXJV), due to their double-digit market spreads.

ETF.com/ Block Liquidity

AAXJ
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4
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1
FLAX
5
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AXJL
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AXJV
5
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This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The MSCI AC Asia Pacific Ex-Japan IMI Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology