JEPQ vs QQQM ETF holdings comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) · Invesco NASDAQ 100 ETF (QQQM)
JEPQ and QQQM overlap by 68% by portfolio weight. The remaining 32.0 percentage points are not counted as shared holdings weight by this calculation. They share 71 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 7.34% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
JEPQ and QQQM 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 QQQM |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 7.34% | 8.13% |
| Apple, Inc. | AAPL | 6.37% | 7.26% |
| Microsoft Corp. | MSFT | 4.81% | 5.30% |
| Amazon.com, Inc. | AMZN | 4.01% | 4.60% |
| Alphabet, Inc. | GOOG | 5.09% | 3.24% |
| Meta Platforms, Inc. | META | 3.02% | 2.96% |
| Tesla, Inc. | TSLA | 2.60% | 3.45% |
| Walmart, Inc. | WMT | 2.47% | 2.47% |
| Broadcom, Inc. | AVGO | 2.23% | 3.36% |
| Micron Technology, Inc. | MU | 2.04% | 4.78% |
Holdings only in JEPQ or QQQM
JEPQ has 21 fund-only positions representing approximately 4.8 percentage points of reported exposure; QQQM has 30 fund-only positions representing approximately 11.1 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 |
|---|---|---|
| AbbVie, Inc. | ABBV | 0.43% |
| Teradyne, Inc. | TER | 0.37% |
| Eaton Corp. plc | ETN | 0.36% |
| NextEra Energy, Inc. | NEE | 0.34% |
| Southern Co. (The) | SO | 0.33% |
| Lowe's Cos., Inc. | LOW | 0.30% |
| Deere & Co. | DE | 0.30% |
| Oracle Corp. | ORCL | 0.26% |
| Mastercard, Inc. | MA | 0.25% |
| Bristol-Myers Squibb Co. | BMY | 0.25% |
Largest positions only in QQQM
| Company | Ticker | Weight |
|---|---|---|
| Alphabet Inc. | GOOGL | 3.51% |
| Sandisk Corp. | SNDK | 1.09% |
| Cadence Design Systems, Inc. | CDNS | 0.45% |
| Fortinet, Inc. | FTNT | 0.45% |
| Automatic Data Processing, Inc. | ADP | 0.39% |
| Monolithic Power Systems, Inc. | MPWR | 0.34% |
| American Electric Power Co., Inc. | AEP | 0.30% |
| Cintas Corp. | CTAS | 0.30% |
| Warner Bros. Discovery, Inc. | WBD | 0.29% |
| Baker Hughes Co. | BKR | 0.28% |
FAQ
How much do JEPQ and QQQM overlap?
JEPQ and QQQM have 68% overlap by weight, sharing 71 equity positions (out of 92 in JEPQ and 101 in QQQM). The official holdings files used are dated 2026-03-31 for JEPQ and 2026-05-31 for QQQM.
What does 68% overlap mean?
JEPQ and QQQM 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 QQQM both hold?
The largest shared positions are NVIDIA Corp., Apple, Inc., Microsoft Corp., Amazon.com, Inc., Alphabet, Inc.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between JEPQ and QQQM?
JEPQ has 21 positions not found in QQQM, while QQQM has 30 positions not found in JEPQ. The largest fund-only positions and their weights are shown on this page.