JEPI vs DLN: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
DLNWisdomTree U.S. LargeCap Dividend Fund
WisdomTree · 309 holdings · $6.4B · as of 2026-03-31
How similar are JEPI and DLN?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; WisdomTree U.S. LargeCap Dividend Fund (DLN, by WisdomTree) holds 309. They have 76 holdings in common, and by portfolio weight the two funds are 34.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 34.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 76JEPI holds 119 · DLN holds 309
- Weight in Shared Holdings
- JEPI 66%·DLN 48%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 JEPI
43 of 119 positions (32.6% of the fund) are not held by DLN. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | DLN |
|---|---|---|
| Information Technology | 14.5% | 17.8% |
| Financials | 9.3% | 17.6% |
| Health Care | 12.5% | 13.4% |
| Industrials | 11.8% | 8.6% |
| Consumer Discretionary | 10.2% | 5.1% |
| Other Sectors | 26.2% | 37.6% |
| Unclassified | 13.9% | 0.0% |
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 (14% of JEPI, 0% of DLN).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JEPI | +1.9% | +5.5% | +11.6% | +9.5% | +7.5% | — | 7.95% |
| DLN | +3.0% | +15.4% | +22.8% | +18.3% | +12.7% | +12.7% | 1.71% |
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 JEPI vs DLN →
Shared Holdings(76)
The top 10 shared positions account for 40% of the overlap, led by JNJ, ABBV and NVDA.
 JNJJohnson & Johnson COM | 1.74% | 2.11% | 1.74% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 1.56% | 1.63% | 1.56% |
 NVDANVIDIA Corp. COM | 1.41% | 3.38% | 1.41% |
 AAPLApple Inc. COM | 1.39% | 2.95% | 1.39% |
 AVGOBroadcom Inc COM | 1.31% | 1.91% | 1.31% |
 MSFTMicrosoft Corp. COM | 1.28% | 2.96% | 1.28% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.38% | 1.26% | 1.26% |
 PMPhilip Morris International Inc. COM | 1.20% | 1.41% | 1.20% |
 PEPPepsico Inc COM | 1.43% | 1.17% | 1.17% |
 WMTWalmart Inc COM | 1.43% | 1.14% | 1.14% |
 METAMeta Platforms, Inc., Class A | 1.19% | 0.96% | 0.96% |
 VVisa, Inc., Class A | 1.30% | 0.90% | 0.90% |
 XOMExxon Mobil Corp. COM | 0.87% | 2.77% | 0.87% |
 LLYEli Lilly & Co. COM | 0.83% | 1.08% | 0.83% |
 MRKMerck & Co., Inc COM | 0.78% | 1.41% | 0.78% |
 MCDMcDonald's Corp. COM | 1.31% | 0.76% | 0.76% |
 BMYBristol-Myers Squibb Company COM | 1.15% | 0.73% | 0.73% |
 NEENextEra Energy Inc COM | 1.64% | 0.72% | 0.72% |
 RTXRTX Corp. COM | 1.51% | 0.59% | 0.59% |
 TXNTexas Instruments Inc. COM | 0.59% | 0.78% | 0.59% |
 ORCLOracle Corp. COM | 0.59% | 0.56% | 0.56% |
 SOSouthern Co. (The) | 1.09% | 0.51% | 0.51% |
 UNPUnion Pacific Corporation COM | 0.46% | 0.48% | 0.46% |
 COPConocoPhillips COM | 0.46% | 0.85% | 0.46% |
 TAT&T Inc COM | 0.45% | 1.29% | 0.45% |
Frequently Asked Questions
How much do JEPI and DLN overlap?
JEPI and DLN overlap by 34.1% of portfolio weight. They share 76 holdings (JEPI holds 119 positions and DLN holds 309), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and DLN?
The two portfolios are 34.1% 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 JEPI and DLN?
The largest positions held by both funds are JNJ, ABBV, NVDA, AAPL and AVGO. Together the top 10 shared positions account for 40% of the total overlap.
What does JEPI own that DLN doesn't?
43 positions (32.6% of JEPI) are unique to JEPI, led by ETN, TT and AMZN. In the other direction, 233 positions (51.9% of DLN) are unique to DLN.