VIG vs JEPI: Holdings Overlap
VIGVanguard Dividend Appreciation Index Fund
Vanguard · 332 holdings · $113.6B · as of 2026-04-30
JEPIJPMorgan Equity Premium Income ETF
JPMorgan · 119 holdings · $45.8B · as of 2026-03-31
Holdings snapshots are 30 days apart (VIG: 2026-04-30, JEPI: 2026-03-31). 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 VIG and JEPI?
Vanguard Dividend Appreciation Index Fund (VIG, by Vanguard) holds 332 positions; JPMorgan Equity Premium Income ETF (JEPI, by JPMorgan) holds 119. They have 50 holdings in common, and by portfolio weight the two funds are 31.2% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 50VIG holds 332 · JEPI holds 119
- Weight in Shared Holdings
- VIG 56%·JEPI 43%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 VIG
282 of 332 positions (43.1% of the fund) are not held by JEPI. Showing the top 30 by weight.
Sector Breakdown
| Sector | VIG | JEPI |
|---|---|---|
| Information Technology | 25.5% | 14.5% |
| Financials | 20.5% | 9.3% |
| Health Care | 16.4% | 12.5% |
| Industrials | 12.1% | 11.8% |
| Consumer Staples | 10.2% | 7.8% |
| Other Sectors | 14.7% | 28.5% |
| Unclassified | 0.0% | 13.9% |
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 (0% of VIG, 14% of JEPI).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| VIG | +2.7% | +12.5% | +21.0% | +16.3% | +10.9% | +13.2% | 1.46% |
| JEPI | +1.9% | +5.5% | +11.6% | +9.5% | +7.5% | — | 7.95% |
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 VIG vs JEPI →
Shared Holdings(50)
The top 10 shared positions account for 43% of the overlap, led by JNJ, ABBV and WMT.
 JNJJohnson & Johnson COM | 2.49% | 1.74% | 1.74% |
|---|---|---|---|
 ABBVAbbVie Inc. COM | 1.68% | 1.56% | 1.56% |
 WMTWalmart Inc COM | 2.60% | 1.43% | 1.43% |
 AAPLApple Inc. COM | 4.07% | 1.39% | 1.39% |
 MAMasterCard Incorporated CL A | 1.84% | 1.35% | 1.35% |
 AVGOBroadcom Inc COM | 5.18% | 1.31% | 1.31% |
 VVisa, Inc., Class A | 2.33% | 1.30% | 1.30% |
 MSFTMicrosoft Corp. COM | 3.97% | 1.28% | 1.28% |
 PEPPepsico Inc COM | 0.98% | 1.43% | 0.98% |
 MCDMcDonald's Corp. COM | 0.94% | 1.31% | 0.94% |
 NEENextEra Energy Inc COM | 0.92% | 1.64% | 0.92% |
 COSTCostco Wholesale Corporation COM | 2.03% | 0.89% | 0.89% |
 ADIAnalog Devices Inc. COM | 0.89% | 1.28% | 0.89% |
 XOMExxon Mobil Corp. COM | 2.90% | 0.87% | 0.87% |
 LLYEli Lilly & Co. COM | 3.34% | 0.83% | 0.83% |
 APHAmphenol Corporation CL A | 0.82% | 1.16% | 0.82% |
 MRKMerck & Co., Inc COM | 1.22% | 0.78% | 0.78% |
 ETNEaton Corporation PLC COM USD0.01 | 0.76% | 1.43% | 0.76% |
 LOWLowes Companies, Inc. COM | 0.60% | 1.35% | 0.60% |
 LRCXLam Research Corporation COM NEW | 1.45% | 0.60% | 0.60% |
 ORCLOracle Corp. COM | 1.23% | 0.59% | 0.59% |
 TXNTexas Instruments Inc. COM | 1.15% | 0.59% | 0.59% |
 DHRDanaher Corporation COM | 0.51% | 0.67% | 0.51% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.50% | 0.64% | 0.50% |
 SYKStryker Corporation COM | 0.49% | 1.23% | 0.49% |
Frequently Asked Questions
How much do VIG and JEPI overlap?
VIG and JEPI overlap by 31.2% of portfolio weight. They share 50 holdings (VIG holds 332 positions and JEPI holds 119), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VIG and JEPI?
The two portfolios are 31.2% 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 VIG and JEPI?
The largest positions held by both funds are JNJ, ABBV, WMT, AAPL and MA. Together the top 10 shared positions account for 43% of the total overlap.
What does VIG own that JEPI doesn't?
282 positions (43.1% of VIG) are unique to VIG, led by JPM, CAT and CSCO. In the other direction, 69 positions (55.2% of JEPI) are unique to JEPI.