JEPI vs XLU ETF holdings comparison
JPMorgan Equity Premium Income ETF (JEPI) · Utilities Select Sector SPDR ETF (XLU)
JEPI and XLU overlap by 5.4% by portfolio weight. The remaining 94.6 percentage points are not counted as shared holdings weight by this calculation. They share 6 stocks; the largest shared position is NextEra Energy, Inc. (NEE), contributing 1.64% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
JEPI and XLU share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
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.
This comparison covers normalized equity positions represented in the dataset. Cash, derivatives, options, structured notes, and other non-equity assets are not included, so the result is not a complete comparison of every asset or risk in either fund.
Top shared holdings
| Company | Ticker | in JEPI | in XLU |
|---|---|---|---|
| NextEra Energy, Inc. | NEE | 1.64% | 13.00% |
| Southern Co. (The) | SO | 1.09% | 7.51% |
| Entergy Corp. | ETR | 1.08% | 3.60% |
| Sempra | SRE | 0.88% | 4.06% |
| Xcel Energy, Inc. | XEL | 0.51% | 3.57% |
| CMS Energy Corp. | CMS | 0.23% | 1.57% |
Holdings only in JEPI or XLU
JEPI has 98 fund-only positions representing approximately 79.1 percentage points of reported exposure; XLU has 25 fund-only positions representing approximately 66.3 percentage points of reported exposure. These are positions whose normalized security identifiers appear in one issuer file but not the other.
Largest positions only in JEPI
| Company | Ticker | Weight |
|---|---|---|
| Johnson & Johnson | JNJ | 1.74% |
| Ross Stores, Inc. | ROST | 1.71% |
| EOG Resources, Inc. | EOG | 1.69% |
| Howmet Aerospace, Inc. | HWM | 1.59% |
| AbbVie, Inc. | ABBV | 1.56% |
| RTX Corp. | RTX | 1.51% |
| Walmart, Inc. | WMT | 1.43% |
| PepsiCo, Inc. | PEP | 1.43% |
| Eaton Corp. plc | ETN | 1.43% |
| Trane Technologies plc | TT | 1.42% |
Largest positions only in XLU
| Company | Ticker | Weight |
|---|---|---|
| Duke Energy Corp | DUK | 7.01% |
| Constellation Energy | CEG | 6.59% |
| American Electric Power | AEP | 4.94% |
| Dominion Energy Inc | D | 4.36% |
| Exelon Corp | EXC | 3.35% |
| Vistra Corp | VST | 3.26% |
| P G + E Corp | PCG | 2.99% |
| Consolidated Edison Inc | ED | 2.92% |
| Public Service Enterprise Gp | PEG | 2.70% |
| Wec Energy Group Inc | WEC | 2.57% |
FAQ
How much do JEPI and XLU overlap?
JEPI and XLU have 5.4% overlap by weight, sharing 6 equity positions (out of 104 in JEPI and 31 in XLU). The official holdings files used are dated 2026-03-31 for JEPI and 2026-08-25 for XLU.
What does 5.4% overlap mean?
JEPI and XLU share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low holdings overlap" using house ranges of 70% or more, 30% to under 70%, and under 30%. These descriptive ranges are not industry standards or investment guidance. Holdings overlap does not measure correlation, volatility, geographic or factor exposure, fees, or suitability.
Which stocks do JEPI and XLU both hold?
The largest shared positions are NextEra Energy, Inc., Southern Co. (The), Entergy Corp., Sempra, Xcel Energy, Inc.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between JEPI and XLU?
JEPI has 98 positions not found in XLU, while XLU has 25 positions not found in JEPI. The largest fund-only positions and their weights are shown on this page.