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AXQT ETF · AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF

The AXQT Exchange Traded Fund (ETF) is provided by AXA Investment Managers. It is built to track an index: MSCI EM ex China Climate Paris Aligned Index. The AXQT ETF provides physical exposure, so by buying it you actually own parts of all the 197 underlying holdings. The dividend policy is capitalization.
Share class
Acc
USD
Real-time data unavailable for AXQT
LIVE
CLOSED
This fund is part ofEmerging Market Blended Cap1M perf.+13.02%
Last price
N/A
1M perf.
+16.55%
1M flows
N/A
AuM
€14M
E/R
0.27%
Rating
Not rated
ESG Consensus®
esg grade icon
AXQT
N/A

Performance & flows

Segment for quartile rank
January 26, 2026 → April 24, 2026
0-50510%FEBMARAPRFEBMARAPR
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AXQT
$16.38
+13.77%
Emerging Market Blended Cap
+6.64%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+16.55%
icon
+13.77%
icon
+64.94%
icon
N/AN/A
+20.49%
+20.49%
+24.72%
icon
Flows

Key fund info

Segment for quartile rank
Main characteristics
ISIN
IE000M4Z0RA5
AuM
€14M
icon
E/R
0.27%
icon
Replication rating
Not rated
ESG Consensus®
esg grade icon
icon
More details
NAV
4/24/2026
$16.38
1D NAV change
+1.12%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
197
Inception date
2/6/2025
Jurisdiction
Ireland
Distribution
Denmark
Switzerland
Austria
Luxembourg
Netherlands
Legal structure
Irish Collective Asset-management Vehicle
Base currency
USD
Classification
Product type
Benchmark
MSCI EM ex China Climate Paris Aligned Index
Asset class
Factors
N/A
Share class info
USD capitalizing 
Total AuM of fund
€22M
Decimalisation of shares
No
Investment strategy
To seek to provide investors with the performance of the MSCI EM ex China Climate Paris Aligned Index (the Index), less the fees and expenses of the Fund, while aiming to minimise the tracking error in between the Fund's Net Asset Value and the Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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AXQE

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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+13.77%
icon
+64.94%
icon
N/A
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
Taiwan
32.81%
Republic of Korea
18.53%
India
15.87%
Brazil
5.89%
South Africa
5.45%
Saudi Arabia
3.88%
Poland
3.24%
Mexico
2.59%
Unavailable
0.14%
Other
11.61%
Sectors
Information Technology
44.35%
Financials
19.19%
Industrials
9.39%
Materials
5.97%
Consumer Staples
3.43%
Health Care
3.32%
Communication Services
3.11%
Consumer Discretionary
2.76%
Unavailable
4.59%
Other
3.89%
Diversification
Total weight of top 15 holdings out of 197
Top 15 holdings
Data as of March 31, 2026
TWN SEMICONT MAN
SAMSUNG ELECTR
DELTA ELECTRONIC
SK HYNIX
ECOPRO CO LTD
ASELSAN ELEKTRONIK
ECOPROBM
MEDIATEK INC
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AL RAJHI BANK
BHARAT ELECTRONICS
ACCTON
HARMONY
COMPANHIA DE SANEAMENTO BASICO
ZAE000351946
NEDBANK GROUP LTD
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
Yes
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about AXQT ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


AXQT’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
77.20% of holdings have positive scoring
22.94% of holdings have negative scoring
29.69%
27.50%
20.01%
5.82%
12.94%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
Not rated
1-year trailing difference
As of March 31, 2026
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AXQT
N/A
Replication quality
Calculated over 12m, as of March 31, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

AXA Investment Managers
AXA Investment Managers ID Card
Number of funds
46
Total AuM
€4.74B
Expense ratio range
0.07% - 0.7%
Average expense ratio
0.2748%

Frequently asked questions about AXQT

What does AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF, AXQT, invest in?

AXQT is a Passive ETF. This ETF provides exposure to Other Large and Mid-Cap Emerging markets ex-China Equities.

Which benchmark or index does AXQT replicate?

AXQT tracks the MSCI EM ex China Climate Paris Aligned Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of AXQT?

AXQT carries a total expense ratio (TER) of 0.27%, indicating the annual cost for holding the fund.

When was AXQT launched?

AXQT was introduced to the market on February 6, 2025. It trades on Denmark, among other exchanges

Who is the ETF issuer of AXQT?

AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF, AXQT, is provided by AXA Investment Managers. Learn more about AXA Investment Managers here.

Does AXQT have multiple share classes?

Yes, AXQT is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of AXQT?

AXQT oversees €14M in assets as of April 24, 2026.

How has AXQT performed lately?

Based on data from April 24, 2026, AXQT returned 16.55% over the past month, 13.77% over the last three months and 24.72% year-to-date.

What are the latest inflows or outflows for AXQT?

As of April 24, 2026, AXQT recorded net flows of -€1M year-to-date.

Does AXQT distribute dividends?

AXQT follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of AXQT?

As of March 31, 2026, AXQT has significant geographic allocations in Taiwan, Republic of Korea and India.

In which sector or theme does AXQT invest in?

As of March 31, 2026, AXQT focuses largely on Information Technology, Financials and Industrials.

How many securities does AXQT hold and how diversified is it?

As of March 31, 2026, AXQT holds 197 positions in its portfolio, with 49.50% of assets concentrated in its top 15 holdings.

What are the main positions in AXQT?

As of March 31, 2026, AXQT top three holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and DELTA ELECTRONIC.

What is the base currency of AXQT?

The base currency of AXQT is USD.

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