PortfoliosLab logoPortfoliosLab logo
ISIN
US4642881829
CUSIP
464288182
Issuer
iShares
Inception Date
Aug 13, 2008
Region
Broad Asia (Pacific ex-Japan)
Leveraged
1x (No leverage)
Index Tracked
MSCI All Country Asia ex Japan Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$4B

Share Price Chart


Loading charts...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

AAXJ Performance Chart

iShares MSCI All Country Asia ex-Japan ETF (AAXJ) is up 20.3% since the beginning of the year. AAXJ is currently trading at $112 per share. Investors who bought $1,000 worth of AAXJ shares 5 years ago would now be looking at an investment worth $1,289.


Loading charts...

S&P 500 Index

Returns By Period

iShares MSCI All Country Asia ex-Japan ETF (AAXJ) has returned 20.32% so far this year and 42.41% over the past 12 months. Over the last ten years, AAXJ has returned 9.35% per year, falling short of the S&P 500 Index benchmark, which averaged 13.33% annually.


iShares MSCI All Country Asia ex-Japan ETF

1D
-7.09%
1M
-2.63%
YTD
20.32%
6M
21.60%
1Y
42.41%
3Y*
20.76%
5Y*
5.21%
10Y*
9.35%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.64%
YTD
7.86%
6M
7.47%
1Y
23.05%
3Y*
19.90%
5Y*
11.79%
10Y*
13.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AAXJ Monthly Returns History

Based on dividend-adjusted daily data since Aug 15, 2008, AAXJ's average daily return is +0.04%, while the average monthly return is +0.70%. At this rate, an investment would double in approximately 8.3 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2022 with a return of +20.2%, while the worst month was Oct 2008 at -20.6%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.

On a daily basis, AAXJ closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +16.7%, while the worst single day was Oct 15, 2008 at -11.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.70%6.29%-9.67%14.10%8.36%-5.90%20.32%
20250.67%1.39%0.45%-0.26%4.93%7.42%1.32%2.58%6.23%3.89%-2.23%1.75%31.53%
2024-5.29%4.46%2.87%0.58%2.95%2.99%0.40%1.02%7.45%-3.20%-2.29%-1.31%10.41%
20239.43%-7.66%3.67%-1.71%-2.85%2.80%6.16%-7.02%-3.17%-3.29%6.51%3.50%4.79%
2022-1.27%-3.71%-4.57%-5.48%1.09%-3.02%-1.73%-1.53%-12.59%-5.16%20.16%-1.70%-20.35%
20214.36%1.21%-2.10%1.10%0.69%0.48%-7.09%1.09%-4.32%1.62%-3.50%1.12%-5.73%

Benchmark Metrics

iShares MSCI All Country Asia ex-Japan ETF has an annualized alpha of -2.25%, beta of 0.99, and R2 of 0.63 versus S&P 500 Index. Calculated based on daily prices since August 18, 2008.

  • This ETF participated in 97.22% of S&P 500 Index downside but only 81.92% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -2.25% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • With beta of 0.99 and R2 of 0.63, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-2.25%
Beta
0.99
0.63
Upside Capture
81.92%
Downside Capture
97.22%

Expense Ratio

AAXJ has an expense ratio of 0.68%, placing it in the medium range.


Return for Risk

Risk / Return Rank

AAXJ ranks 68 for risk / return — better than 68% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


AAXJ Risk / Return Rank: 6868
Overall Rank
AAXJ Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
AAXJ Sortino Ratio Rank: 6161
Sortino Ratio Rank
AAXJ Omega Ratio Rank: 7171
Omega Ratio Rank
AAXJ Calmar Ratio Rank: 6969
Calmar Ratio Rank
AAXJ Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares MSCI All Country Asia ex-Japan ETF (AAXJ) and compare them to S&P 500 Index.


AAXJBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

0.00

Sortino ratioReturn per unit of downside risk

-0.12

Omega ratioGain probability vs. loss probability

1.38

1.36

+0.02

Calmar ratioReturn relative to maximum drawdown

3.16

2.69

+0.48

Martin ratioReturn relative to average drawdown

12.04

12.34

-0.30

Dividends

Dividend History

iShares MSCI All Country Asia ex-Japan ETF provided a 1.50% dividend yield over the last twelve months, with an annual payout of $1.68 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%1.50%2.00%2.50%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.68$1.68$1.34$1.30$1.12$1.82$0.95$1.34$1.34$1.52$0.97$1.31

Dividend yield

1.50%1.81%1.86%1.95%1.74%2.21%1.06%1.83%2.10%1.99%1.77%2.44%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI All Country Asia ex-Japan ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.56$0.00$0.00$0.00$0.00$0.00$1.12$1.68
2024$0.00$0.00$0.00$0.00$0.00$0.27$0.00$0.00$0.00$0.00$0.00$1.07$1.34
2023$0.00$0.00$0.00$0.00$0.00$0.19$0.00$0.00$0.00$0.00$0.00$1.11$1.30
2022$0.00$0.00$0.00$0.00$0.00$0.34$0.00$0.00$0.00$0.00$0.00$0.79$1.12
2021$0.00$0.00$0.00$0.00$0.00$0.28$0.00$0.00$0.00$0.00$0.00$1.55$1.82

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI All Country Asia ex-Japan ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI All Country Asia ex-Japan ETF was 49.37%, occurring on Nov 20, 2008. Recovery took 164 trading sessions.

The current iShares MSCI All Country Asia ex-Japan ETF drawdown is 9.25%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-49.37%Nov 2008
3mo 4d8mo 2d
11mo 6dAug 2008 - Jul 2009
Bear market2022
-44.52%Oct 2022
1y 8mo2y 12mo
4y 8moFeb 2021 - Oct 2025
COVID crash2020
-32.99%Mar 2020
2y 1mo6mo 20d
2y 8moJan 2018 - Oct 2020
2016 bear market2016
-31.08%Feb 2016
9mo 19d1y 3mo
2y 28dApr 2015 - May 2017
2011 bear market2011
-29.50%Oct 2011
5mo 11d2y 7mo
3y 22dApr 2011 - May 2014

Drawdown Indicators


AAXJBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-49.37%

-56.78%

+7.41%

Max Drawdown (1Y)

Largest decline over 1 year

-13.66%

-9.10%

-4.56%

Max Drawdown (3Y)

Largest decline over 3 years

-19.74%

-18.90%

-0.84%

Max Drawdown (5Y)

Largest decline over 5 years

-40.64%

-25.43%

-15.21%

Max Drawdown (10Y)

Largest decline over 10 years

-44.52%

-33.92%

-10.60%

Current Drawdown

Current decline from peak

-9.25%

-2.97%

-6.28%

Average Drawdown

Average peak-to-trough decline

-14.03%

-10.72%

-3.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.58%

1.97%

+1.61%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with AAXJ

Add iShares MSCI All Country Asia ex-Japan ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with AAXJ