JEPQ vs NOBL: how much do they overlap?
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) · ProShares S&P 500 Dividend Aristocrats ETF (NOBL)
overlap by weight · 7 shared holdings
JEPQ: 92 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
JEPQ 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 JEPQ | in NOBL |
|---|---|---|---|
| Walmart, Inc. | WMT | 2.47% | 1.49% |
| PepsiCo, Inc. | PEP | 0.96% | 1.6% |
| Linde plc | LIN | 0.88% | 1.6% |
| AbbVie, Inc. | ABBV | 0.43% | 1.49% |
| NextEra Energy, Inc. | NEE | 0.34% | 1.55% |
| Lowe's Cos., Inc. | LOW | 0.3% | 1.32% |
| Coca-Cola Co. (The) | KO | 0.21% | 1.57% |
FAQ
How much do JEPQ and NOBL overlap?
JEPQ and NOBL have a 4.6% overlap by weight, sharing 7 holdings (out of 92 in JEPQ and 69 in NOBL), based on official issuer holdings as of 2026-03-31.
What does 4.6% overlap mean?
JEPQ and NOBL hold mostly different stocks. Combining them genuinely spreads your exposure across different parts of the market.
Which stocks do JEPQ and NOBL both hold?
The largest shared positions are Walmart, Inc., PepsiCo, Inc., Linde plc, AbbVie, Inc., NextEra Energy, Inc.. The full list of top shared holdings with weights in each fund is shown on this page.