DGRO vs JEPI: Holdings Overlap
DGROiShares Core Dividend Growth ETF
iShares · 394 holdings · $43.4B · as of 2026-04-30
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
Holdings snapshots are 30 days apart (DGRO: 2026-04-30, JEPI: 2026-03-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are DGRO and JEPI?
iShares Core Dividend Growth ETF (DGRO, by iShares) holds 394 positions; JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119. They have 65 holdings in common, and by portfolio weight the two funds are 33.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 65DGRO holds 394 · JEPI holds 119
- Weight in Shared Holdings
- DGRO 51%·JEPI 59%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in DGRO
329 of 394 positions (49.1% of the fund) are not held by JEPI. Showing the top 30 by weight.
Sector Breakdown
| Sector | DGRO | JEPI |
|---|---|---|
| Financials | 21.1% | 9.3% |
| Information Technology | 18.5% | 14.5% |
| Health Care | 16.4% | 12.5% |
| Industrials | 11.5% | 11.8% |
| Consumer Staples | 11.5% | 7.8% |
| Other Sectors | 20.8% | 28.5% |
| Unclassified | 0.0% | 13.9% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of DGRO, 14% of JEPI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| DGRO | +2.4% | +15.5% | +25.2% | +17.4% | +11.3% | +13.6% | 1.86% |
| JEPI | +1.9% | +5.5% | +11.6% | +9.5% | +7.5% | — | 7.95% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in DGRO vs JEPI →
Shared Holdings(65)
The top 10 shared positions account for 40% of the overlap, led by JNJ, ABBV and PEP.
 JNJJohnson & Johnson COM | 2.64% | 1.74% | 1.74% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 2.52% | 1.56% | 1.56% |
 PEPPepsico Inc COM | 1.70% | 1.43% | 1.43% |
 AAPLApple Inc. COM | 2.93% | 1.39% | 1.39% |
 AVGOBroadcom Inc COM | 3.25% | 1.31% | 1.31% |
 MSFTMicrosoft Corp. COM | 2.91% | 1.28% | 1.28% |
 NEENextEra Energy Inc COM | 1.23% | 1.64% | 1.23% |
 PMPhilip Morris International Inc. COM | 1.94% | 1.20% | 1.20% |
 VVisa, Inc., Class A | 1.05% | 1.30% | 1.05% |
 MCDMcDonald's Corp. COM | 1.04% | 1.31% | 1.04% |
 WMTWalmart Inc COM | 0.95% | 1.43% | 0.95% |
 XOMExxon Mobil Corp. COM | 2.90% | 0.87% | 0.87% |
 LLYEli Lilly & Co. COM | 1.14% | 0.83% | 0.83% |
 MRKMerck & Co., Inc COM | 1.75% | 0.78% | 0.78% |
 SOSouthern Co. (The) | 0.72% | 1.09% | 0.72% |
 MDTMedtronic PLC USD0.0001 | 0.72% | 0.98% | 0.72% |
 RTXRTX Corp. COM | 0.68% | 1.51% | 0.68% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.76% | 0.64% | 0.64% |
 MAMasterCard Incorporated CL A | 0.61% | 1.35% | 0.61% |
 MDLZMondelez International, Inc., Class A | 0.61% | 1.29% | 0.61% |
 ORCLOracle Corp. COM | 0.80% | 0.59% | 0.59% |
 LOWLowes Companies, Inc. COM | 0.57% | 1.35% | 0.57% |
 ADIAnalog Devices Inc. COM | 0.54% | 1.28% | 0.54% |
 EOGEOG Resources Inc. COM | 0.53% | 1.69% | 0.53% |
 COSTCostco Wholesale Corporation COM | 0.52% | 0.89% | 0.52% |
Frequently Asked Questions
How much do DGRO and JEPI overlap?
DGRO and JEPI overlap by 33.0% of portfolio weight. They share 65 holdings (DGRO holds 394 positions and JEPI holds 119), based on each fund's latest SEC-reported holdings.
Is it redundant to own both DGRO and JEPI?
The two portfolios are 33.0% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of DGRO and JEPI?
The largest positions held by both funds are JNJ, ABBV, PEP, AAPL and AVGO. Together the top 10 shared positions account for 40% of the total overlap.
What does DGRO own that JEPI doesn't?
329 positions (49.1% of DGRO) are unique to DGRO, led by JPM, HD and KO. In the other direction, 54 positions (39.4% of JEPI) are unique to JEPI.