JEPQ vs SCHX: Holdings Overlap
JEPQJPMorgan Nasdaq Equity Premium Income ETF
JPMorgan · 107 holdings · $39.9B · as of 2026-03-31
Schwab · 748 holdings · $74.3B · as of 2026-05-31
Holdings snapshots are 61 days apart (JEPQ: 2026-03-31, SCHX: 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 SCHX?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ, by JPMorgan) holds 107 positions; Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748. They have 88 holdings in common, and by portfolio weight the two funds are 49.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 49.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 88JEPQ holds 107 · SCHX holds 748
- Weight in Shared Holdings
- JEPQ 78%·SCHX 53%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
19 of 107 positions (18.9% of the fund) are not held by SCHX.
- 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%
- National Bank of Canada, ELN, 74.00%, 04/27/2026, (linked to Nasdaq 100 Index)1.18%
- Barclays Bank plc, ELN, 72.40%, 04/23/2026, (linked to Nasdaq 100 Index)1.17%
- Royal Bank of Canada, ELN, 67.44%, 04/24/2026, (linked to Nasdaq 100 Index)1.16%
Sector Breakdown
| Sector | JEPQ | SCHX |
|---|---|---|
| Information Technology | 40.2% | 37.4% |
| Communication Services | 12.5% | 10.3% |
| Financials | 0.5% | 11.4% |
| Consumer Discretionary | 10.4% | 9.7% |
| Industrials | 2.9% | 9.1% |
| Other Sectors | 13.1% | 22.0% |
| 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 SCHX).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JEPQ | +1.9% | +10.1% | +21.5% | +19.2% | — | — | 10.92% |
| SCHX | +3.5% | +14.0% | +23.2% | +21.2% | +12.8% | +15.3% | 0.99% |
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 SCHX →
Shared Holdings(88)
The top 10 shared positions account for 68% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 7.34% | 7.50% | 7.34% |
|---|---|---|---|
 AAPLApple, Inc. | 6.37% | 6.69% | 6.37% |
 MSFTMicrosoft Corp. | 4.81% | 4.88% | 4.81% |
 AMZNAmazon.com, Inc. | 4.01% | 3.86% | 3.86% |
 GOOGAlphabet, Inc., Class C | 5.09% | 2.57% | 2.57% |
 AVGOBroadcom, Inc. | 2.23% | 3.10% | 2.23% |
 METAMeta Platforms, Inc., Class A | 3.02% | 2.02% | 2.02% |
 TSLATesla, Inc. | 2.60% | 1.79% | 1.79% |
 MUMicron Technology, Inc. | 2.04% | 1.60% | 1.60% |
 AMDAdvanced Micro Devices, Inc. | 1.68% | 1.23% | 1.23% |
 WMTWalmart, Inc. | 2.47% | 0.74% | 0.74% |
 CSCOCisco Systems, Inc. | 1.12% | 0.70% | 0.70% |
 INTCIntel Corp. | 0.63% | 0.79% | 0.63% |
 COSTCostco Wholesale Corp. | 1.57% | 0.62% | 0.62% |
 LRCXLam Research Corp. | 1.78% | 0.58% | 0.58% |
 NFLXNetflix, Inc. | 2.07% | 0.53% | 0.53% |
 PLTRPalantir Technologies, Inc., Class A | 1.22% | 0.52% | 0.52% |
 AMATApplied Materials, Inc. | 0.76% | 0.52% | 0.52% |
 ABBVAbbVie, Inc. | 0.43% | 0.56% | 0.43% |
 TXNTexas Instruments, Inc. | 0.70% | 0.41% | 0.41% |
 QCOMQUALCOMM, Inc. | 0.53% | 0.39% | 0.39% |
 LINLinde plc | 0.88% | 0.34% | 0.34% |
 PANWPalo Alto Networks, Inc. | 0.69% | 0.33% | 0.33% |
 ADIAnalog Devices, Inc. | 1.12% | 0.30% | 0.30% |
 PEPPepsiCo, Inc. | 0.96% | 0.29% | 0.29% |
Frequently Asked Questions
How much do JEPQ and SCHX overlap?
JEPQ and SCHX overlap by 49.5% of portfolio weight. They share 88 holdings (JEPQ holds 107 positions and SCHX holds 748), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPQ and SCHX?
The two portfolios are 49.5% 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 SCHX?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOG. Together the top 10 shared positions account for 68% of the total overlap.
What does JEPQ own that SCHX doesn't?
19 positions (18.9% of JEPQ) are unique to JEPQ, led by BNP Paribas Issuance BV, ELN, 81.10%, 05/04/2026, (linked to Nasdaq 100 Index), BNP Paribas Issuance BV, ELN, 80.55%, 05/01/2026, (linked to Nasdaq 100 Index) and Morgan Stanley Finance LLC, ELN, 79.00%, 04/10/2026, (linked to Nasdaq 100 Index). In the other direction, 660 positions (46.7% of SCHX) are unique to SCHX.