Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EWJ vs XLG: how they differ
EWJ and XLG hold 0% of their weight in the same names, and EWJ returned more over the year.
iShares MSCI Japan ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, EWJ and XLG hold 0% of their money in the same securities at the same weight.
| Only in EWJ | Only in XLG |
|---|---|
| MITSUBISHI UFJ FINANCIAL GROUP 4.70% | NVIDIA Corp 12.79% |
| TOYOTA MOTOR 3.41% | Apple Inc 11.58% |
| SOFTBANK GROUP 3.04% | Microsoft Corp 8.83% |
| SUMITOMO MITSUI FINANCIAL GROUP 3.01% | Amazon.com Inc 5.95% |
| ADVANTEST 2.98% | Alphabet Inc 4.71% |
| TOKYO ELECTRON 2.82% | Broadcom Inc 4.12% |
| HITACHI 2.75% | Alphabet Inc 3.77% |
| KIOXIA HOLDINGS 2.68% | Meta Platforms Inc 3.42% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| EWJ iShares MSCI Japan ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI Japan | S&P 500 top 50 |
| Total return, 1 year | +26.5% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.0 pts | −5.3 pts |
| Expense ratio | 0.49% | 0.20% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 171 | 52 |
EWJ in plain words
EWJ is an index equity fund tracking the MSCI Japan. Over the year to Sep 11, 2026 it returned +26.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 171 positions, with the top ten at 30.4%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 60.3%.
Questions people ask
- Which returned more over the last year, EWJ or XLG?
- In the year to Sep 13, 2026, with distributions reinvested, EWJ returned +26.5% and XLG returned +12.2%, so EWJ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWJ or XLG?
- EWJ charges 0.49% a year and XLG charges 0.20%, so XLG is cheaper. Fees come from each fund's prospectus.
- How much do EWJ and XLG overlap with the S&P 500?
- By their latest filed holdings, 0% of EWJ and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EWJ against XLG, data as of Sep 13, 2026. https://etfiq.com/compare/any/ewj-vs-xlg Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources