JEPI vs SCHB: how much do they overlap?
JPMorgan Equity Premium Income ETF (JEPI) · Schwab U.S. Broad Market ETF (SCHB)
overlap by weight · 104 shared holdings
JEPI: 104 holdings (as of 2026-03-31) · SCHB: 2403 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.
Moderate overlap
What this means
JEPI and SCHB share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
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 SCHB |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 1.41% | 6.47% |
| Amazon.com, Inc. | AMZN | 1.41% | 3.07% |
| Apple, Inc. | AAPL | 1.39% | 5.87% |
| Alphabet, Inc. | GOOGL | 1.38% | 2.73% |
| Broadcom, Inc. | AVGO | 1.31% | 2.27% |
| Microsoft Corp. | MSFT | 1.28% | 4.39% |
| Meta Platforms, Inc. | META | 1.19% | 2.12% |
| Johnson & Johnson | JNJ | 1.74% | 0.9% |
| Exxon Mobil Corp. | XOM | 0.87% | 0.97% |
| Walmart, Inc. | WMT | 1.43% | 0.84% |
FAQ
How much do JEPI and SCHB overlap?
JEPI and SCHB have a 31.1% overlap by weight, sharing 104 holdings (out of 104 in JEPI and 2403 in SCHB), based on official issuer holdings as of 2026-03-31.
What does 31.1% overlap mean?
JEPI and SCHB share a meaningful slice of holdings. They are related but not interchangeable; check the shared names below to see where your exposure doubles up.
Which stocks do JEPI and SCHB both hold?
The largest shared positions are NVIDIA Corp., Amazon.com, Inc., Apple, Inc., Alphabet, Inc., Broadcom, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.