JEPQ vs VOO ETF holdings comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) · Vanguard S&P 500 ETF (VOO)
JEPQ and VOO overlap by 48% by portfolio weight. The remaining 52.0 percentage points are not counted as shared holdings weight by this calculation. They share 83 stocks; the largest shared position is NVIDIA Corp. (NVDA), contributing 7.34% to the overlap.
What this means
JEPQ and VOO 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 VOO |
|---|---|---|---|
| NVIDIA Corp. | NVDA | 7.34% | 7.58% |
| Apple, Inc. | AAPL | 6.37% | 6.66% |
| Microsoft Corp. | MSFT | 4.81% | 4.91% |
| Amazon.com, Inc. | AMZN | 4.01% | 3.64% |
| Alphabet, Inc. | GOOG | 5.09% | 2.40% |
| Meta Platforms, Inc. | META | 3.02% | 2.24% |
| Broadcom, Inc. | AVGO | 2.23% | 2.62% |
| Tesla, Inc. | TSLA | 2.60% | 1.87% |
| Walmart, Inc. | WMT | 2.47% | 0.97% |
| Costco Wholesale Corp. | COST | 1.57% | 0.79% |
Holdings only in JEPQ or VOO
JEPQ has 9 fund-only positions representing approximately 3.0 percentage points of reported exposure; VOO has 420 fund-only positions representing approximately 48.3 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 JEPQ
| Company | Ticker | Weight |
|---|---|---|
| ASML Holding NV | ASML | 0.91% |
| Marvell Technology, Inc. | MRVL | 0.57% |
| Shopify, Inc. | SHOP | 0.48% |
| MercadoLibre, Inc. | MELI | 0.47% |
| Alnylam Pharmaceuticals, Inc. | ALNY | 0.29% |
| PDD Holdings, Inc. | PDD | 0.10% |
| HubSpot, Inc. | HUBS | 0.10% |
| Strategy, Inc. | MSTR | 0.06% |
| Atlassian Corp. | TEAM1EUR | 0.03% |
Largest positions only in VOO
| Company | Ticker | Weight |
|---|---|---|
| Alphabet Inc | GOOGL | 2.99% |
| Berkshire Hathaway Inc | BRK.B | 1.57% |
| JPMorgan Chase & Co | JPM | 1.34% |
| Eli Lilly & Co | LLY | 1.30% |
| Exxon Mobil Corp | XOM | 1.27% |
| Johnson & Johnson | JNJ | 1.05% |
| Visa Inc | V | 0.89% |
| Chevron Corp | CVX | 0.69% |
| Procter & Gamble Co/The | PG | 0.60% |
| Caterpillar Inc | CAT | 0.59% |
FAQ
How much do JEPQ and VOO overlap?
JEPQ and VOO have 48% overlap by weight, sharing 83 equity positions (out of 92 in JEPQ and 503 in VOO). The official holdings files used are dated 2026-03-31 for JEPQ and 2026-03-31 for VOO.
What does 48% overlap mean?
JEPQ and VOO 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 VOO 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 VOO?
JEPQ has 9 positions not found in VOO, while VOO has 420 positions not found in JEPQ. The largest fund-only positions and their weights are shown on this page.