ETF comparison
INDY vs AAXJ overlap
Compare INDY ETF and AAXJ ETF by shared holdings, expense ratio, issuer, category, and tracked overlap.
Tracked overlap8.93%
50 shared holdings
INDY expense0.00%
Unknown
AAXJ expense0.00%
Unknown
Data date2026-05-01
2026-05-01
Shared top holdings
Overlap uses the smaller fund weight for each shared holding.
HDFCBANKHDFC BANK LTD
RELIANCERELIANCE INDUSTRIES LTD
ICICIBANKICICI BANK LTD
BHARTIARTLBHARTI AIRTEL LTD
INFYINFOSYS LTD
M&MMAHINDRA AND MAHINDRA LTD
Interpretation
Should you own both INDY and AAXJ?
INDY and AAXJ share 50 tracked holdings with 8.93% overlap in the imported holdings set. High overlap can be fine when the funds serve a deliberate role, but it can also mean less diversification than the ticker count suggests.
Use the portfolio analyzer to test your actual allocations. Pairwise overlap does not account for how much of each ETF you own.