JEPI vs MDY: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
MDYState Street® SPDR® S&P MIDCAP 400® ETF Trust
State Street (SPDR) · 399 holdings · $27.1B · as of 2026-08-06
Holdings snapshots are 128 days apart (JEPI: 2026-03-31, MDY: 2026-08-06). 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 JEPI and MDY?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; State Street® SPDR® S&P MIDCAP 400® ETF Trust (MDY, by State Street (SPDR)) holds 399. They have 1 holdings in common, and by portfolio weight the two funds are 0.6% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1JEPI holds 119 · MDY holds 399
- Weight in Shared Holdings
- JEPI 1%·MDY 1%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
118 of 119 positions (97.8% of the fund) are not held by MDY. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | MDY |
|---|---|---|
| Industrials | 11.8% | 25.9% |
| Financials | 9.3% | 16.0% |
| Information Technology | 14.5% | 15.6% |
| Health Care | 12.5% | 10.3% |
| Consumer Discretionary | 10.2% | 11.6% |
| Other Sectors | 26.2% | 25.7% |
| 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 MDY).
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% |
| MDY | +3.1% | +18.1% | +25.6% | +14.2% | +8.8% | +10.9% | 0.99% |
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 MDY →
Shared Holdings(1)
 BURLBurlington Stores, Inc. | 0.60% | 0.64% | 0.60% |
|---|
Frequently Asked Questions
How much do JEPI and MDY overlap?
JEPI and MDY overlap by 0.6% of portfolio weight. They share 1 holdings (JEPI holds 119 positions and MDY holds 399), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and MDY?
The two portfolios are 0.6% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of JEPI and MDY?
The largest positions held by both funds are BURL. Together the top 1 shared positions account for 100% of the total overlap.
What does JEPI own that MDY doesn't?
118 positions (97.8% of JEPI) are unique to JEPI, led by JNJ, ROST and EOG. In the other direction, 398 positions (104.5% of MDY) are unique to MDY.