JEPQ vs MGK ETF holdings comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) · Vanguard Mega Cap Growth ETF (MGK)
JEPQ and MGK overlap by 49.1% by portfolio weight. The remaining 50.9 percentage points are not counted as shared holdings weight by this calculation. They share 32 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 7.34% to the overlap.
What this means
JEPQ and MGK share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate 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 JEPQ | in MGK |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 7.34% | 13.75% |
| Apple, Inc. | AAPL | 6.37% | 12.60% |
| Microsoft Corp. | MSFT | 4.81% | 9.01% |
| Alphabet, Inc. | GOOG | 5.09% | 4.37% |
| Amazon.com, Inc. | AMZN | 4.01% | 4.59% |
| Meta Platforms, Inc. | META | 3.02% | 4.17% |
| Tesla, Inc. | TSLA | 2.60% | 4.18% |
| Broadcom, Inc. | AVGO | 2.23% | 4.40% |
| Netflix, Inc. | NFLX | 2.07% | 1.76% |
| Advanced Micro Devices, Inc. | AMD | 1.68% | 1.49% |
Holdings only in JEPQ or MGK
JEPQ has 60 fund-only positions representing approximately 27.7 percentage points of reported exposure; MGK has 27 fund-only positions representing approximately 23.4 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 JEPQ
| Company | Ticker | Weight |
|---|---|---|
| Walmart, Inc. | WMT | 2.47% |
| Micron Technology, Inc. | MU | 2.04% |
| Costco Wholesale Corp. | COST | 1.57% |
| Cisco Systems, Inc. | CSCO | 1.12% |
| Analog Devices, Inc. | ADI | 1.12% |
| Seagate Technology Holdings plc | STX | 0.96% |
| PepsiCo, Inc. | PEP | 0.96% |
| ASML Holding NV | ASML | 0.91% |
| Linde plc | LIN | 0.88% |
| Honeywell International, Inc. | HON | 0.81% |
Largest positions only in MGK
| Company | Ticker | Weight |
|---|---|---|
| Alphabet Inc | GOOGL | 5.51% |
| Eli Lilly & Co | LLY | 3.17% |
| Visa Inc | V | 1.97% |
| GE Vernova Inc | GEV | 1.14% |
| TJX Cos Inc/The | TJX | 0.90% |
| Amphenol Corp | APH | 0.80% |
| Boeing Co/The | BA | 0.78% |
| Welltower Inc | WELL | 0.74% |
| Arista Networks Inc | ANET | 0.70% |
| McDonald's Corp | MCD | 0.63% |
FAQ
How much do JEPQ and MGK overlap?
JEPQ and MGK have 49.1% overlap by weight, sharing 32 equity positions (out of 92 in JEPQ and 59 in MGK). The official holdings files used are dated 2026-03-31 for JEPQ and 2026-03-31 for MGK.
What does 49.1% overlap mean?
JEPQ and MGK share a material portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "moderate 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 JEPQ and MGK both hold?
The largest shared positions are NVIDIA Corp., Apple, Inc., Microsoft Corp., Alphabet, Inc., Amazon.com, Inc.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between JEPQ and MGK?
JEPQ has 60 positions not found in MGK, while MGK has 27 positions not found in JEPQ. The largest fund-only positions and their weights are shown on this page.