JEPQ vs SPYI: Holdings Overlap
JEPQJPMorgan Nasdaq Equity Premium Income ETF
JPMorgan · 107 holdings · $39.9B · as of 2026-03-31
SPYINEOS S&P 500(R) High Income ETF
NEOS · 505 holdings · $11.3B · as of 2026-03-31
How similar are JEPQ and SPYI?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ, by JPMorgan) holds 107 positions; NEOS S&P 500(R) High Income ETF (SPYI, by NEOS) holds 505. They have 83 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
- 83JEPQ holds 107 · SPYI holds 505
- Weight in Shared Holdings
- JEPQ 77%·SPYI 51%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
24 of 107 positions (19.9% of the fund) are not held by SPYI.
- 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 | SPYI |
|---|---|---|
| Information Technology | 40.2% | 32.6% |
| Financials | 0.5% | 12.6% |
| Communication Services | 12.5% | 10.5% |
| Consumer Discretionary | 10.4% | 9.8% |
| Health Care | 4.2% | 9.4% |
| Other Sectors | 11.7% | 24.6% |
| 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 SPYI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JEPQ | +1.9% | +10.1% | +21.5% | +19.2% | — | — | 10.92% |
| SPYI | +2.7% | +10.7% | +19.9% | +16.1% | — | — | 11.65% |
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 SPYI →
Shared Holdings(83)
The top 10 shared positions account for 68% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. | 7.34% | 7.59% | 7.34% |
|---|---|---|---|
 AAPLApple, Inc. | 6.37% | 6.74% | 6.37% |
 MSFTMicrosoft Corp. | 4.81% | 4.94% | 4.81% |
 AMZNAmazon.com, Inc. | 4.01% | 3.65% | 3.65% |
 GOOGAlphabet, Inc., Class C | 5.09% | 2.39% | 2.39% |
 METAMeta Platforms, Inc., Class A | 3.02% | 2.24% | 2.24% |
 AVGOBroadcom, Inc. | 2.23% | 2.61% | 2.23% |
 TSLATesla, Inc. | 2.60% | 1.87% | 1.87% |
 WMTWalmart, Inc. | 2.47% | 0.98% | 0.98% |
 COSTCostco Wholesale Corp. | 1.57% | 0.78% | 0.78% |
 NFLXNetflix, Inc. | 2.07% | 0.73% | 0.73% |
 MUMicron Technology, Inc. | 2.04% | 0.68% | 0.68% |
 PLTRPalantir Technologies, Inc., Class A | 1.22% | 0.59% | 0.59% |
 AMDAdvanced Micro Devices, Inc. | 1.68% | 0.59% | 0.59% |
 CSCOCisco Systems, Inc. | 1.12% | 0.55% | 0.55% |
 AMATApplied Materials, Inc. | 0.76% | 0.48% | 0.48% |
 LRCXLam Research Corp. | 1.78% | 0.47% | 0.47% |
 ABBVAbbVie, Inc. | 0.43% | 0.69% | 0.43% |
 LINLinde plc | 0.88% | 0.41% | 0.41% |
 PEPPepsiCo, Inc. | 0.96% | 0.37% | 0.37% |
 INTCIntel Corp. | 0.63% | 0.35% | 0.35% |
 NEENextEra Energy, Inc. | 0.34% | 0.34% | 0.34% |
 AMGNAmgen, Inc. | 0.44% | 0.34% | 0.34% |
 TXNTexas Instruments, Inc. | 0.70% | 0.31% | 0.31% |
 ISRGIntuitive Surgical, Inc. | 0.90% | 0.29% | 0.29% |
Frequently Asked Questions
How much do JEPQ and SPYI overlap?
JEPQ and SPYI overlap by 47.9% of portfolio weight. They share 83 holdings (JEPQ holds 107 positions and SPYI holds 505), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPQ and SPYI?
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 SPYI?
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 SPYI doesn't?
24 positions (19.9% 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, 422 positions (48.1% of SPYI) are unique to SPYI.