JEPI vs JEPQ: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
JEPQJPMorgan Nasdaq Equity Premium Income ETF
JPMorgan · 107 holdings · $39.9B · as of 2026-03-31
How similar are JEPI and JEPQ?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; JPMorgan Nasdaq Equity Premium Income ETF (JEPQ, by JPMorgan) holds 107. They have 36 holdings in common, and by portfolio weight the two funds are 22.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 36JEPI holds 119 · JEPQ holds 107
- Weight in Shared Holdings
- JEPI 37%·JEPQ 47%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
83 of 119 positions (61.8% of the fund) are not held by JEPQ. Showing the top 30 by weight.
Only in JEPQ
71 of 107 positions (49.5% of the fund) are not held by JEPI. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | JEPQ |
|---|---|---|
| Information Technology | 14.5% | 40.2% |
| Health Care | 12.5% | 4.2% |
| Communication Services | 5.2% | 12.5% |
| Industrials | 11.8% | 2.9% |
| Consumer Discretionary | 10.2% | 10.4% |
| Other Sectors | 30.3% | 9.4% |
| Unclassified | 13.9% | 16.9% |
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 (14% of JEPI, 18% of JEPQ).
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% |
| JEPQ | +1.9% | +10.1% | +21.5% | +19.2% | — | — | 10.92% |
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 JEPQ →
Shared Holdings(36)
The top 10 shared positions account for 56% of the overlap, led by WMT, NVDA and AMZN.
 WMTWalmart, Inc. | 1.43% | 2.47% | 1.43% |
|---|---|---|---|
 NVDANVIDIA Corp. | 1.41% | 7.34% | 1.41% |
 AMZNAmazon.com, Inc. | 1.41% | 4.01% | 1.41% |
 AAPLApple, Inc. | 1.39% | 6.37% | 1.39% |
 AVGOBroadcom, Inc. | 1.31% | 2.23% | 1.31% |
 MSFTMicrosoft Corp. | 1.28% | 4.81% | 1.28% |
 METAMeta Platforms, Inc., Class A | 1.19% | 3.02% | 1.19% |
 ADIAnalog Devices, Inc. | 1.28% | 1.12% | 1.12% |
 PEPPepsiCo, Inc. | 1.43% | 0.96% | 0.96% |
 COSTCostco Wholesale Corp. | 0.89% | 1.57% | 0.89% |
 NFLXNetflix, Inc. | 0.88% | 2.07% | 0.88% |
 INTUIntuit, Inc. | 0.78% | 0.72% | 0.72% |
 VRTXVertex Pharmaceuticals, Inc. | 1.24% | 0.67% | 0.67% |
 LRCXLam Research Corp. | 0.60% | 1.78% | 0.60% |
 REGNRegeneron Pharmaceuticals, Inc. | 1.22% | 0.60% | 0.60% |
 TXNTexas Instruments, Inc. | 0.59% | 0.70% | 0.59% |
 MDLZMondelez International, Inc., Class A | 1.29% | 0.53% | 0.53% |
 ABBVAbbVie, Inc. | 1.56% | 0.43% | 0.43% |
 NXPINXP Semiconductors NV | 0.43% | 0.47% | 0.43% |
 ISRGIntuitive Surgical, Inc. | 0.42% | 0.90% | 0.42% |
 ETNEaton Corp. plc | 1.43% | 0.36% | 0.36% |
 XELXcel Energy, Inc. | 0.51% | 0.35% | 0.35% |
 NEENextEra Energy, Inc. | 1.64% | 0.34% | 0.34% |
 SOSouthern Co. (The) | 1.09% | 0.33% | 0.33% |
 LOWLowe's Cos., Inc. | 1.35% | 0.30% | 0.30% |
Frequently Asked Questions
How much do JEPI and JEPQ overlap?
JEPI and JEPQ overlap by 22.1% of portfolio weight. They share 36 holdings (JEPI holds 119 positions and JEPQ holds 107), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and JEPQ?
The two portfolios are 22.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of JEPI and JEPQ?
The largest positions held by both funds are WMT, NVDA, AMZN, AAPL and AVGO. Together the top 10 shared positions account for 56% of the total overlap.
What does JEPI own that JEPQ doesn't?
83 positions (61.8% of JEPI) are unique to JEPI, led by JNJ, EOG and HWM. In the other direction, 71 positions (49.5% of JEPQ) are unique to JEPQ.