JEPQ vs SCHD: Holdings Overlap
JEPQJPMorgan Nasdaq Equity Premium Income ETF
JPMorgan · 107 holdings · $39.9B · 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 (JEPQ: 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 JEPQ and SCHD?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ, by JPMorgan) holds 107 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 9 holdings in common, and by portfolio weight the two funds are 3.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9JEPQ holds 107 · SCHD holds 99
- Weight in Shared Holdings
- JEPQ 4%·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 JEPQ
98 of 107 positions (92.7% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPQ | SCHD |
|---|---|---|
| Information Technology | 40.2% | 15.8% |
| Consumer Staples | 6.3% | 18.4% |
| Health Care | 4.2% | 18.3% |
| Energy | 0.4% | 14.6% |
| Communication Services | 12.5% | 6.0% |
| Other Sectors | 16.0% | 26.6% |
| Unclassified | 16.9% | 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 (18% of JEPQ, 0% of SCHD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JEPQ | +1.9% | +10.1% | +21.5% | +19.2% | — | — | 10.92% |
| 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 JEPQ vs SCHD →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by PEP, TXN and CMCSA.
 PEPPepsiCo, Inc. | 0.96% | 3.44% | 0.96% |
|---|---|---|---|
 TXNTexas Instruments, Inc. | 0.70% | 5.90% | 0.70% |
 CMCSAComcast Corp., Class A | 0.58% | 2.25% | 0.58% |
 QCOMQUALCOMM, Inc. | 0.53% | 6.74% | 0.53% |
 AMGNAmgen, Inc. | 0.44% | 3.47% | 0.44% |
 BMYBristol-Myers Squibb Co. | 0.25% | 2.93% | 0.25% |
 KOCoca-Cola Co. (The) | 0.21% | 3.96% | 0.21% |
 UNHUnitedHealth Group, Inc. | 0.12% | 5.09% | 0.12% |
 UPSUnited Parcel Service, Inc., Class B | 0.07% | 1.98% | 0.07% |
Frequently Asked Questions
How much do JEPQ and SCHD overlap?
JEPQ and SCHD overlap by 3.9% of portfolio weight. They share 9 holdings (JEPQ holds 107 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPQ and SCHD?
The two portfolios are 3.9% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of JEPQ and SCHD?
The largest positions held by both funds are PEP, TXN, CMCSA, QCOM and AMGN. Together the top 9 shared positions account for 100% of the total overlap.
What does JEPQ own that SCHD doesn't?
98 positions (92.7% of JEPQ) are unique to JEPQ, led by NVDA, AAPL and GOOG. In the other direction, 90 positions (64.0% of SCHD) are unique to SCHD.