JEPI vs SCHG: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
SCHGSchwab U.S. Large-Cap Growth ETF
Schwab · 193 holdings · $62.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (JEPI: 2026-03-31, SCHG: 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 SCHG?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193. They have 31 holdings in common, and by portfolio weight the two funds are 20.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 20.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31JEPI holds 119 · SCHG holds 193
- Weight in Shared Holdings
- JEPI 28%·SCHG 62%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
88 of 119 positions (70.6% of the fund) are not held by SCHG. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | SCHG |
|---|---|---|
| Information Technology | 14.5% | 45.9% |
| Communication Services | 5.2% | 15.3% |
| Health Care | 12.5% | 8.4% |
| Consumer Discretionary | 10.2% | 12.3% |
| Industrials | 11.8% | 6.6% |
| Other Sectors | 30.3% | 11.4% |
| 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 SCHG).
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% |
| SCHG | +4.3% | +9.9% | +19.1% | +24.1% | +14.0% | +18.6% | 0.37% |
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 SCHG →
Shared Holdings(31)
The top 10 shared positions account for 63% of the overlap, led by NVDA, AMZN and AAPL.
 NVDANVIDIA Corp. | 1.41% | 11.01% | 1.41% |
|---|---|---|---|
 AMZNAmazon.com, Inc. | 1.41% | 5.67% | 1.41% |
 AAPLApple, Inc. | 1.39% | 9.83% | 1.39% |
 GOOGLAlphabet, Inc., Class A | 1.38% | 4.75% | 1.38% |
 MAMastercard, Inc., Class A | 1.35% | 1.40% | 1.35% |
 AVGOBroadcom, Inc. | 1.31% | 4.55% | 1.31% |
 VVisa, Inc., Class A | 1.30% | 1.92% | 1.30% |
 MSFTMicrosoft Corp. | 1.28% | 7.17% | 1.28% |
 METAMeta Platforms, Inc., Class A | 1.19% | 3.45% | 1.19% |
 COSTCostco Wholesale Corp. | 0.89% | 1.48% | 0.89% |
 NFLXNetflix, Inc. | 0.88% | 1.27% | 0.88% |
 LLYEli Lilly & Co. | 0.83% | 3.05% | 0.83% |
 DISWalt Disney Co. (The) | 1.25% | 0.63% | 0.63% |
 NOWServiceNow, Inc. | 0.70% | 0.45% | 0.45% |
 ISRGIntuitive Surgical, Inc. | 0.42% | 0.53% | 0.42% |
 DHRDanaher Corp. | 0.67% | 0.40% | 0.40% |
 VRTXVertex Pharmaceuticals, Inc. | 1.24% | 0.40% | 0.40% |
 PGRProgressive Corp. (The) | 0.42% | 0.39% | 0.39% |
 EQIXEquinix, Inc. | 0.96% | 0.37% | 0.37% |
 CDNSCadence Design Systems, Inc. | 1.00% | 0.36% | 0.36% |
 TTTrane Technologies plc | 1.42% | 0.35% | 0.35% |
 INTUIntuit, Inc. | 0.78% | 0.32% | 0.32% |
 UNHUnitedHealth Group, Inc. | 0.27% | 1.20% | 0.27% |
 HLTHilton Worldwide Holdings, Inc. | 0.57% | 0.26% | 0.26% |
 TDGTransDigm Group, Inc. | 0.33% | 0.25% | 0.25% |
Frequently Asked Questions
How much do JEPI and SCHG overlap?
JEPI and SCHG overlap by 20.5% of portfolio weight. They share 31 holdings (JEPI holds 119 positions and SCHG holds 193), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and SCHG?
The two portfolios are 20.5% 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 SCHG?
The largest positions held by both funds are NVDA, AMZN, AAPL, GOOGL and MA. Together the top 10 shared positions account for 63% of the total overlap.
What does JEPI own that SCHG doesn't?
88 positions (70.6% of JEPI) are unique to JEPI, led by JNJ, ROST and EOG. In the other direction, 162 positions (37.5% of SCHG) are unique to SCHG.