JEPI vs TCAF: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
TCAFT. Rowe Price Capital Appreciation Equity ETF
T. Rowe Price · 92 holdings · $8.3B · as of 2026-03-31
How similar are JEPI and TCAF?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; T. Rowe Price Capital Appreciation Equity ETF (TCAF, by T. Rowe Price) holds 92. They have 26 holdings in common, and by portfolio weight the two funds are 19.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 19.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 26JEPI holds 119 · TCAF holds 92
- Weight in Shared Holdings
- JEPI 23%·TCAF 52%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
93 of 119 positions (75.2% of the fund) are not held by TCAF. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | TCAF |
|---|---|---|
| Information Technology | 14.5% | 30.5% |
| Health Care | 12.5% | 17.6% |
| Consumer Discretionary | 10.2% | 12.1% |
| Industrials | 11.8% | 5.0% |
| Utilities | 5.4% | 10.2% |
| Other Sectors | 30.0% | 21.1% |
| Unclassified | 13.9% | 3.3% |
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, 3% of TCAF).
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% |
| TCAF | +3.1% | +12.1% | +18.5% | +18.6% | — | — | 0.45% |
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 TCAF →
Shared Holdings(26)
The top 10 shared positions account for 71% of the overlap, led by NVDA, YUM and AMZN.
 NVDANVIDIA Corp. COM | 1.41% | 5.34% | 1.41% |
|---|---|---|---|
 YUMYum! Brands Inc. COM | 1.41% | 1.63% | 1.41% |
 AMZNAmazon.com, Inc. COM | 1.41% | 6.40% | 1.41% |
 AAPLApple Inc. COM | 1.39% | 5.95% | 1.39% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.38% | 4.05% | 1.38% |
 MAMasterCard Incorporated CL A | 1.35% | 1.43% | 1.35% |
 AVGOBroadcom Inc COM | 1.31% | 3.08% | 1.31% |
 VVisa, Inc., Class A | 1.30% | 1.43% | 1.30% |
 MSFTMicrosoft Corp. COM | 1.28% | 7.12% | 1.28% |
 METAMeta Platforms, Inc., Class A | 1.19% | 3.93% | 1.19% |
 LLYEli Lilly & Co. COM | 0.83% | 1.44% | 0.83% |
 AJGArthur J. Gallagher & Co. | 0.87% | 0.68% | 0.68% |
 DHRDanaher Corporation COM | 0.67% | 0.83% | 0.67% |
 PMPhilip Morris International Inc. COM | 1.20% | 0.48% | 0.48% |
 KDPKeurig Dr Pepper Inc COM | 0.40% | 2.42% | 0.40% |
 HLTHilton Worldwide Holdings Inc COM | 0.57% | 0.37% | 0.37% |
 COPConocoPhillips COM | 0.46% | 0.35% | 0.35% |
 TDGTransdigm Group Inc. COM | 0.33% | 0.32% | 0.32% |
 UNHUnitedHealth Group Inc. COM | 0.27% | 2.03% | 0.27% |
 ETREntergy Corporation COM | 1.08% | 0.25% | 0.25% |
 IRIngersoll Rand Inc COM | 0.20% | 1.37% | 0.20% |
 CDNSCadence Design Systems, Inc. COM | 1.00% | 0.19% | 0.19% |
 NKENIKE, Inc., Class B | 0.45% | 0.18% | 0.18% |
 CMGChipotle Mexican Grill, Inc., Class A | 0.65% | 0.15% | 0.15% |
 VMCVulcan Materials Company COM | 0.44% | 0.14% | 0.14% |
Frequently Asked Questions
How much do JEPI and TCAF overlap?
JEPI and TCAF overlap by 19.0% of portfolio weight. They share 26 holdings (JEPI holds 119 positions and TCAF holds 92), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and TCAF?
The two portfolios are 19.0% 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 TCAF?
The largest positions held by both funds are NVDA, YUM, AMZN, AAPL and GOOGL. Together the top 10 shared positions account for 71% of the total overlap.
What does JEPI own that TCAF doesn't?
93 positions (75.2% of JEPI) are unique to JEPI, led by JNJ, ROST and EOG. In the other direction, 66 positions (48.2% of TCAF) are unique to TCAF.