JEPI vs NOBL: how much do they overlap?
JPMorgan Equity Premium Income ETF (JEPI) · ProShares S&P 500 Dividend Aristocrats ETF (NOBL)
overlap by weight · 15 shared holdings
JEPI: 104 holdings (as of 2026-03-31) · NOBL: 69 holdings (as of 2026-02-28)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
Low overlap
What this means
JEPI and NOBL hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in JEPI | in NOBL |
|---|---|---|---|
| Johnson & Johnson | JNJ | 1.74% | 1.58% |
| NextEra Energy, Inc. | NEE | 1.64% | 1.55% |
| AbbVie, Inc. | ABBV | 1.56% | 1.49% |
| Walmart, Inc. | WMT | 1.43% | 1.49% |
| PepsiCo, Inc. | PEP | 1.43% | 1.6% |
| Lowe's Cos., Inc. | LOW | 1.35% | 1.32% |
| McDonald's Corp. | MCD | 1.31% | 1.55% |
| Emerson Electric Co. | EMR | 1.17% | 1.4% |
| Ecolab, Inc. | ECL | 1.11% | 1.53% |
| Medtronic plc | MDT | 0.98% | 1.35% |
FAQ
How much do JEPI and NOBL overlap?
JEPI and NOBL have a 16% overlap by weight, sharing 15 holdings (out of 104 in JEPI and 69 in NOBL), based on official issuer holdings as of 2026-03-31.
What does 16% overlap mean?
JEPI and NOBL hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do JEPI and NOBL both hold?
The largest shared positions are Johnson & Johnson, NextEra Energy, Inc., AbbVie, Inc., Walmart, Inc., PepsiCo, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.