JEPQ vs SCHG: Holdings Overlap
JEPQJPMorgan Nasdaq Equity Premium Income ETF
JPMorgan · 107 holdings · $39.9B · 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 (JEPQ: 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 JEPQ and SCHG?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ, by JPMorgan) holds 107 positions; Schwab U.S. Large-Cap Growth ETF (SCHG, by Schwab) holds 193. They have 43 holdings in common, and by portfolio weight the two funds are 47.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 47.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 43JEPQ holds 107 · SCHG holds 193
- Weight in Shared Holdings
- JEPQ 54%·SCHG 69%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
64 of 107 positions (43.0% of the fund) are not held by SCHG. Showing the top 30 by weight.
WMTWalmart, Inc.2.47%
MUMicron Technology, Inc.2.04%
LRCXLam Research Corp.1.78%
- BNP Paribas Issuance BV, ELN, 81.10%, 05/04/2026, (linked to Nasdaq 100 Index)1.19%
- BNP Paribas Issuance BV, ELN, 80.55%, 05/01/2026, (linked to Nasdaq 100 Index)1.19%
- Morgan Stanley Finance LLC, ELN, 79.00%, 04/10/2026, (linked to Nasdaq 100 Index)1.19%
Sector Breakdown
| Sector | JEPQ | SCHG |
|---|---|---|
| Information Technology | 40.2% | 45.9% |
| Communication Services | 12.5% | 15.3% |
| Consumer Discretionary | 10.4% | 12.3% |
| Health Care | 4.2% | 8.4% |
| Financials | 0.5% | 6.8% |
| Other Sectors | 11.7% | 11.2% |
| 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 SCHG).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JEPQ | +1.9% | +10.1% | +21.5% | +19.2% | — | — | 10.92% |
| 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 JEPQ vs SCHG →
Shared Holdings(43)
The top 10 shared positions account for 78% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 7.34% | 11.01% | 7.34% |
|---|---|---|---|
 AAPLApple, Inc. | 6.37% | 9.83% | 6.37% |
 MSFTMicrosoft Corp. | 4.81% | 7.17% | 4.81% |
 AMZNAmazon.com, Inc. | 4.01% | 5.67% | 4.01% |
 GOOGAlphabet, Inc., Class C | 5.09% | 3.78% | 3.78% |
 METAMeta Platforms, Inc., Class A | 3.02% | 3.45% | 3.02% |
 TSLATesla, Inc. | 2.60% | 3.91% | 2.60% |
 AVGOBroadcom, Inc. | 2.23% | 4.55% | 2.23% |
 AMDAdvanced Micro Devices, Inc. | 1.68% | 2.93% | 1.68% |
 COSTCostco Wholesale Corp. | 1.57% | 1.48% | 1.48% |
 NFLXNetflix, Inc. | 2.07% | 1.27% | 1.27% |
 PLTRPalantir Technologies, Inc., Class A | 1.22% | 1.25% | 1.22% |
 LINLinde plc | 0.88% | 0.81% | 0.81% |
 PANWPalo Alto Networks, Inc. | 0.69% | 0.79% | 0.69% |
 ISRGIntuitive Surgical, Inc. | 0.90% | 0.53% | 0.53% |
 APPAppLovin Corp., Class A | 0.51% | 0.58% | 0.51% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.49% | 0.64% | 0.49% |
 BKNGBooking Holdings, Inc. | 0.81% | 0.47% | 0.47% |
 VRTXVertex Pharmaceuticals, Inc. | 0.67% | 0.40% | 0.40% |
 ADBEAdobe, Inc. | 0.37% | 0.37% | 0.37% |
 INTUIntuit, Inc. | 0.72% | 0.32% | 0.32% |
 SNPSSynopsys, Inc. | 0.54% | 0.32% | 0.32% |
 TMUST-Mobile US, Inc. | 0.86% | 0.31% | 0.31% |
 MARMarriott International, Inc., Class A | 0.51% | 0.29% | 0.29% |
 ORLYO'Reilly Automotive, Inc. | 0.57% | 0.25% | 0.25% |
Frequently Asked Questions
How much do JEPQ and SCHG overlap?
JEPQ and SCHG overlap by 47.9% of portfolio weight. They share 43 holdings (JEPQ holds 107 positions and SCHG holds 193), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPQ and SCHG?
The two portfolios are 47.9% 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 JEPQ and SCHG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOG. Together the top 10 shared positions account for 78% of the total overlap.
What does JEPQ own that SCHG doesn't?
64 positions (43.0% of JEPQ) are unique to JEPQ, led by WMT, MU and LRCX. In the other direction, 150 positions (30.4% of SCHG) are unique to SCHG.