JEPI vs SPY: how much do they overlap?
JPMorgan Equity Premium Income ETF (JEPI) · SPDR S&P 500 ETF Trust (SPY)
overlap by weight · 102 shared holdings
JEPI: 104 holdings (as of 2026-03-31) · SPY: 504 holdings (as of 09-Jul-2026)
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 SPY 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 SPY |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 1.41% | 7.57% |
| Amazon.com, Inc. | AMZN | 1.41% | 3.73% |
| Apple, Inc. | AAPL | 1.39% | 7.16% |
| Alphabet, Inc. | GOOGL | 1.38% | 3.24% |
| Broadcom, Inc. | AVGO | 1.31% | 2.93% |
| Microsoft Corp. | MSFT | 1.28% | 4.4% |
| Meta Platforms, Inc. | META | 1.19% | 2.14% |
| Johnson & Johnson | JNJ | 1.74% | 0.96% |
| Visa, Inc. | V | 1.3% | 0.89% |
| Eli Lilly & Co. | LLY | 0.83% | 1.48% |
FAQ
How much do JEPI and SPY overlap?
JEPI and SPY have a 30.1% overlap by weight, sharing 102 holdings (out of 104 in JEPI and 504 in SPY), based on official issuer holdings as of 2026-03-31.
What does 30.1% overlap mean?
JEPI and SPY 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 SPY 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.