JEPI vs VUG: Holdings Overlap
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
Vanguard · 153 holdings · $229.6B · as of 2026-03-31
How similar are JEPI and VUG?
JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119 positions; Vanguard Growth Index Fund (VUG, by Vanguard) holds 153. They have 38 holdings in common, and by portfolio weight the two funds are 22.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 38JEPI holds 119 · VUG holds 153
- Weight in Shared Holdings
- JEPI 34%·VUG 71%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
81 of 119 positions (64.3% of the fund) are not held by VUG. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPI | VUG |
|---|---|---|
| Information Technology | 14.5% | 51.9% |
| Communication Services | 5.2% | 16.5% |
| Health Care | 12.5% | 5.4% |
| Consumer Discretionary | 10.2% | 12.5% |
| Industrials | 11.8% | 5.2% |
| Other Sectors | 30.3% | 8.5% |
| 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 VUG).
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% |
| VUG | +4.1% | +10.2% | +18.2% | +24.1% | +13.0% | +17.8% | 0.38% |
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 VUG →
Shared Holdings(38)
The top 10 shared positions account for 57% of the overlap, led by NVDA, AMZN and AAPL.
 NVDANVIDIA Corp. COM | 1.41% | 13.31% | 1.41% |
|---|---|---|---|
 AMZNAmazon.com, Inc. COM | 1.41% | 4.59% | 1.41% |
 AAPLApple Inc. COM | 1.39% | 12.32% | 1.39% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.38% | 5.54% | 1.38% |
 MAMasterCard Incorporated CL A | 1.35% | 1.33% | 1.33% |
 AVGOBroadcom Inc COM | 1.31% | 4.40% | 1.31% |
 VVisa, Inc., Class A | 1.30% | 1.65% | 1.30% |
 MSFTMicrosoft Corp. COM | 1.28% | 9.09% | 1.28% |
 METAMeta Platforms, Inc., Class A | 1.19% | 4.15% | 1.19% |
 COSTCostco Wholesale Corporation COM | 0.89% | 1.48% | 0.89% |
 NFLXNetflix, Inc. COM | 0.88% | 1.36% | 0.88% |
 LLYEli Lilly & Co. COM | 0.83% | 2.60% | 0.83% |
 MCDMcDonald's Corp. COM | 1.31% | 0.75% | 0.75% |
 LRCXLam Research Corporation COM NEW | 0.60% | 0.90% | 0.60% |
 ORCLOracle Corp. COM | 0.59% | 0.85% | 0.59% |
 APHAmphenol Corporation CL A | 1.16% | 0.53% | 0.53% |
 WELLWelltower Inc. COM | 0.70% | 0.47% | 0.47% |
 ISRGIntuitive Surgical Inc. COM NEW | 0.42% | 0.56% | 0.42% |
 INTUIntuit Inc COM | 0.78% | 0.41% | 0.41% |
 VRTXVertex Pharmaceuticals Incorporated COM | 1.24% | 0.39% | 0.39% |
 SYKStryker Corporation COM | 1.23% | 0.39% | 0.39% |
 NOWServicenow Inc COM | 0.70% | 0.38% | 0.38% |
 EQIXEquinix, Inc. COM | 0.96% | 0.34% | 0.34% |
 HWMHowmet Aerospace Inc COM | 1.59% | 0.32% | 0.32% |
 TXNTexas Instruments Inc. COM | 0.59% | 0.31% | 0.31% |
Frequently Asked Questions
How much do JEPI and VUG overlap?
JEPI and VUG overlap by 22.8% of portfolio weight. They share 38 holdings (JEPI holds 119 positions and VUG holds 153), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPI and VUG?
The two portfolios are 22.8% 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 VUG?
The largest positions held by both funds are NVDA, AMZN, AAPL, GOOGL and MA. Together the top 10 shared positions account for 57% of the total overlap.
What does JEPI own that VUG doesn't?
81 positions (64.3% of JEPI) are unique to JEPI, led by JNJ, ROST and EOG. In the other direction, 115 positions (29.0% of VUG) are unique to VUG.