JEPQ vs SCHG ETF holdings comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) · Schwab U.S. Large-Cap Growth ETF (SCHG)
JEPQ and SCHG overlap by 47.9% by portfolio weight. The remaining 52.1 percentage points are not counted as shared holdings weight by this calculation. They share 43 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 SCHG 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 SCHG |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 7.34% | 11.01% |
| Apple, Inc. | AAPL | 6.37% | 9.83% |
| Microsoft Corp. | MSFT | 4.81% | 7.17% |
| Amazon.com, Inc. | AMZN | 4.01% | 5.67% |
| Alphabet, Inc. | GOOG | 5.09% | 3.78% |
| Meta Platforms, Inc. | META | 3.02% | 3.45% |
| Tesla, Inc. | TSLA | 2.60% | 3.91% |
| Broadcom, Inc. | AVGO | 2.23% | 4.55% |
| Advanced Micro Devices, Inc. | AMD | 1.68% | 2.93% |
| Costco Wholesale Corp. | COST | 1.57% | 1.48% |
Holdings only in JEPQ or SCHG
JEPQ has 49 fund-only positions representing approximately 26.0 percentage points of reported exposure; SCHG has 150 fund-only positions representing approximately 30.4 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% |
| Lam Research Corp. | LRCX | 1.78% |
| 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% |
| Honeywell International, Inc. | HON | 0.81% |
| Applied Materials, Inc. | AMAT | 0.76% |
Largest positions only in SCHG
| Company | Ticker | Weight |
|---|---|---|
| Alphabet Inc | GOOGL | 4.75% |
| Eli Lilly & Co | LLY | 3.05% |
| Visa Inc | V | 1.92% |
| General Electric Co | GE | 1.18% |
| GE Vernova Inc | GEV | 0.91% |
| Walt Disney Co/The | DIS | 0.63% |
| Salesforce Inc | CRM | 0.62% |
| Arista Networks Inc | ANET | 0.57% |
| Blackrock Inc | BLK | 0.52% |
| S&P Global Inc | SPGI | 0.45% |
FAQ
How much do JEPQ and SCHG overlap?
JEPQ and SCHG have 47.9% overlap by weight, sharing 43 equity positions (out of 92 in JEPQ and 193 in SCHG). The official holdings files used are dated 2026-03-31 for JEPQ and 2026-05-31 for SCHG.
What does 47.9% overlap mean?
JEPQ and SCHG 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 SCHG 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 SCHG?
JEPQ has 49 positions not found in SCHG, while SCHG has 150 positions not found in JEPQ. The largest fund-only positions and their weights are shown on this page.