JEPQ vs XLK: Holdings Overlap
JEPQJPMorgan Nasdaq Equity Premium Income ETF
JPMorgan · 107 holdings · $39.9B · as of 2026-03-31
XLKState Street® Technology Select Sector SPDR® ETF
State Street (SPDR) · 73 holdings · $122.8B · as of 2026-08-06
Holdings snapshots are 128 days apart (JEPQ: 2026-03-31, XLK: 2026-08-06). 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 XLK?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ, by JPMorgan) holds 107 positions; State Street® Technology Select Sector SPDR® ETF (XLK, by State Street (SPDR)) holds 73. They have 30 holdings in common, and by portfolio weight the two funds are 38.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 38.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 30JEPQ holds 107 · XLK holds 73
- Weight in Shared Holdings
- JEPQ 39%·XLK 82%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
77 of 107 positions (57.9% of the fund) are not held by XLK. Showing the top 30 by weight.
Only in XLK
43 of 73 positions (17.6% of the fund) are not held by JEPQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | JEPQ | XLK |
|---|---|---|
| Information Technology | 40.2% | 99.9% |
| Communication Services | 12.5% | 0.0% |
| Consumer Discretionary | 10.4% | 0.0% |
| Consumer Staples | 6.3% | 0.0% |
| Health Care | 4.2% | 0.0% |
| Other Sectors | 5.9% | 0.0% |
| 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 XLK).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JEPQ | +1.9% | +10.1% | +21.5% | +19.2% | — | — | 10.92% |
| XLK | +4.9% | +30.9% | +43.5% | +30.7% | +20.3% | +24.4% | 0.42% |
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 XLK →
Shared Holdings(30)
The top 10 shared positions account for 77% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.34% | 14.35% | 7.34% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.37% | 12.41% | 6.37% |
 MSFTMicrosoft Corp. COM | 4.81% | 10.04% | 4.81% |
 AVGOBroadcom Inc COM | 2.23% | 5.39% | 2.23% |
 MUMicron Technology Inc. COM | 2.04% | 3.70% | 2.04% |
 LRCXLam Research Corporation COM NEW | 1.78% | 2.53% | 1.78% |
 AMDAdvanced Micro Devices Inc. COM | 1.68% | 4.11% | 1.68% |
 PLTRPalantir Technologies, Inc., Class A | 1.22% | 2.36% | 1.22% |
 CSCOCisco Systems, Inc. COM | 1.12% | 3.15% | 1.12% |
 ADIAnalog Devices Inc. COM | 1.12% | 1.22% | 1.12% |
 STXSeagate Technology Holdings PLC ORD SHS | 0.96% | 1.26% | 0.96% |
 AMATApplied Materials Inc. COM | 0.76% | 2.77% | 0.76% |
 TXNTexas Instruments Inc. COM | 0.70% | 1.67% | 0.70% |
 PANWPalo Alto Networks Inc COM | 0.69% | 1.93% | 0.69% |
 INTCIntel Corporation COM | 0.63% | 3.11% | 0.63% |
 INTUIntuit Inc COM | 0.72% | 0.59% | 0.59% |
 MRVLMarvell Technology Inc COM | 0.57% | 1.22% | 0.57% |
 QCOMQUALCOMM Inc. COM | 0.53% | 1.12% | 0.53% |
 SNPSSynopsys Inc COM | 0.54% | 0.51% | 0.51% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.49% | 1.39% | 0.49% |
 NXPINXP Semiconductors NV EUR0.20 | 0.47% | 0.39% | 0.39% |
 ADBEAdobe Inc COM | 0.37% | 0.69% | 0.37% |
 TERTeradyne Inc. COM | 0.37% | 0.40% | 0.37% |
 ORCLOracle Corp. COM | 0.26% | 1.61% | 0.26% |
 WDCWestern Digital Corp. COM | 0.26% | 1.03% | 0.26% |
Frequently Asked Questions
How much do JEPQ and XLK overlap?
JEPQ and XLK overlap by 38.4% of portfolio weight. They share 30 holdings (JEPQ holds 107 positions and XLK holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JEPQ and XLK?
The two portfolios are 38.4% 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 XLK?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and MU. Together the top 10 shared positions account for 77% of the total overlap.
What does JEPQ own that XLK doesn't?
77 positions (57.9% of JEPQ) are unique to JEPQ, led by GOOG, AMZN and META. In the other direction, 43 positions (17.6% of XLK) are unique to XLK.