JEPI vs VOO: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
How similar are JEPI and VOO?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 103 holdings in common, and by portfolio weight the two funds are 33.3% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 103JEPI holds 119 · VOO holds 504
- Weight in Shared Holdings
- JEPI 84%·VOO 57%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
16 of 119 positions (14.4% of the fund) are not held by VOO.
- BNP Paribas Issuance BV, ELN, 70.40%, 05/04/2026, (linked to S&P 500 Index)0.95%
- National Bank of Canada, ELN, 69.55%, 05/01/2026, (linked to S&P 500 Index)0.94%
- BNP Paribas Issuance BV, ELN, 74.75%, 05/05/2026, (linked to S&P 500 Index)0.94%
- BNP Paribas Issuance BV, ELN, 68.85%, 04/27/2026, (linked to S&P 500 Index)0.94%
- GS Finance Corp., ELN, 64.25%, 04/28/2026, (linked to S&P 500 Index)0.93%
- BofA Finance LLC, ELN, 71.48%, 04/21/2026, (linked to S&P 500 Index)0.93%
Sector Breakdown
| Sector | JEPI | VOO |
|---|---|---|
| Information Technology | 14.5% | 32.7% |
| Health Care | 12.5% | 9.5% |
| Financials | 9.3% | 12.4% |
| Industrials | 11.8% | 9.0% |
| Communication Services | 5.2% | 10.5% |
| Other Sectors | 31.2% | 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 VOO).
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(103)
The top 10 shared positions account for 37% of the overlap, led by NVDA, AMZN and AAPL.
 NVDANVIDIA Corp. COM | 1.41% | 7.58% | 1.41% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 1.41% | 3.64% | 1.41% |
 AAPLApple Inc. COM | 1.39% | 6.66% | 1.39% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.38% | 2.99% | 1.38% |
 AVGOBroadcom Inc COM | 1.31% | 2.62% | 1.31% |
 MSFTMicrosoft Corp. COM | 1.28% | 4.91% | 1.28% |
 METAMeta Platforms, Inc., Class A | 1.19% | 2.24% | 1.19% |
 JNJJohnson & Johnson COM | 1.74% | 1.05% | 1.05% |
 WMTWalmart Inc COM | 1.43% | 0.97% | 0.97% |
 VVisa, Inc., Class A | 1.30% | 0.89% | 0.89% |
 XOMExxon Mobil Corp. COM | 0.87% | 1.27% | 0.87% |
 LLYEli Lilly & Co. COM | 0.83% | 1.30% | 0.83% |
 COSTCostco Wholesale Corporation COM | 0.89% | 0.79% | 0.79% |
 MAMasterCard Incorporated CL A | 1.35% | 0.73% | 0.73% |
 NFLXNetflix, Inc. COM | 0.88% | 0.73% | 0.73% |
 ABBVAbbVie Inc. COM | 1.56% | 0.69% | 0.69% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.60% | 1.57% | 0.60% |
 MRKMerck & Co., Inc COM | 0.78% | 0.53% | 0.53% |
 LRCXLam Research Corporation COM NEW | 0.60% | 0.48% | 0.48% |
 RTXRTX Corp. COM | 1.51% | 0.46% | 0.46% |
 PMPhilip Morris International Inc. COM | 1.20% | 0.46% | 0.46% |
 ORCLOracle Corp. COM | 0.59% | 0.45% | 0.45% |
 BACBank of America Corp. COM | 0.41% | 0.56% | 0.41% |
 MCDMcDonald's Corp. COM | 1.31% | 0.40% | 0.40% |
 PEPPepsico Inc COM | 1.43% | 0.38% | 0.38% |
Frequently Asked Questions
How much do JEPI and VOO overlap?
JEPI and VOO overlap by 33.3% of portfolio weight. They share 103 holdings (JEPI holds 119 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and VOO?
The two portfolios are 33.3% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of JEPI and VOO?
The largest positions held by both funds are NVDA, AMZN, AAPL, GOOGL and AVGO. Together the top 10 shared positions account for 37% of the total overlap.
What does JEPI own that VOO doesn't?
16 positions (14.4% of JEPI) are unique to JEPI, led by BNP Paribas Issuance BV, ELN, 70.40%, 05/04/2026, (linked to S&P 500 Index), National Bank of Canada, ELN, 69.55%, 05/01/2026, (linked to S&P 500 Index) and BNP Paribas Issuance BV, ELN, 74.75%, 05/05/2026, (linked to S&P 500 Index). In the other direction, 401 positions (42.8% of VOO) are unique to VOO.