JEPI vs SCHD: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
Holdings snapshots are 61 days apart (JEPI: 2026-03-31, SCHD: 2026-05-31). 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 JEPI and SCHD?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 11 holdings in common, and by portfolio weight the two funds are 7.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 11JEPI holds 119 · SCHD holds 99
- Weight in Shared Holdings
- JEPI 8%·SCHD 36%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
108 of 119 positions (90.5% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | SCHD |
|---|---|---|
| Consumer Staples | 7.8% | 18.4% |
| Health Care | 12.5% | 18.3% |
| Information Technology | 14.5% | 15.8% |
| Energy | 3.3% | 14.6% |
| Industrials | 11.8% | 10.8% |
| Other Sectors | 34.5% | 21.8% |
| 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 SCHD).
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% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
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 SCHD →
Shared Holdings(11)
The top 10 shared positions account for 97% of the overlap, led by EOG, PEP and BMY.
 EOGEOG Resources, Inc. | 1.69% | 1.82% | 1.69% |
|---|---|---|---|
 PEPPepsiCo, Inc. | 1.43% | 3.44% | 1.43% |
 BMYBristol-Myers Squibb Co. | 1.15% | 2.93% | 1.15% |
 MRKMerck & Co., Inc. | 0.78% | 3.86% | 0.78% |
 ACNAccenture plc, Class A | 0.64% | 2.90% | 0.64% |
 TXNTexas Instruments, Inc. | 0.59% | 5.90% | 0.59% |
 COPConocoPhillips | 0.46% | 3.51% | 0.46% |
 PGProcter & Gamble Co. (The) | 0.37% | 3.55% | 0.37% |
 BBYBest Buy Co., Inc. | 0.29% | 0.38% | 0.29% |
 UNHUnitedHealth Group, Inc. | 0.27% | 5.09% | 0.27% |
 MOAltria Group, Inc. | 0.23% | 2.94% | 0.23% |
Frequently Asked Questions
How much do JEPI and SCHD overlap?
JEPI and SCHD overlap by 7.9% of portfolio weight. They share 11 holdings (JEPI holds 119 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and SCHD?
The two portfolios are 7.9% 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 SCHD?
The largest positions held by both funds are EOG, PEP, BMY, MRK and ACN. Together the top 10 shared positions account for 97% of the total overlap.
What does JEPI own that SCHD doesn't?
108 positions (90.5% of JEPI) are unique to JEPI, led by JNJ, ROST and NEE. In the other direction, 88 positions (63.5% of SCHD) are unique to SCHD.