JEPQ vs VWO ETF holdings comparison
JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) · Vanguard FTSE Emerging Markets ETF (VWO)
JEPQ and VWO overlap by 0.1% by portfolio weight. The remaining 99.9 percentage points are not counted as shared holdings weight by this calculation. They share 1 stocks; the largest shared position is PDD Holdings, Inc. (PDD), contributing 0.10% to the overlap.
The holdings dates differ. This can slightly understate overlap for funds tracking similar indexes.
What this means
JEPQ and VWO share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low 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 VWO |
|---|---|---|---|
| PDD Holdings, Inc. | PDD | 0.10% | 0.66% |
Holdings only in JEPQ or VWO
JEPQ has 91 fund-only positions representing approximately 79.5 percentage points of reported exposure; VWO has 4924 fund-only positions representing approximately 97.1 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 |
|---|---|---|
| NVIDIA Corp. | NVDA | 7.34% |
| Apple, Inc. | AAPL | 6.37% |
| Alphabet, Inc. | GOOG | 5.09% |
| Microsoft Corp. | MSFT | 4.81% |
| Amazon.com, Inc. | AMZN | 4.01% |
| Meta Platforms, Inc. | META | 3.02% |
| Tesla, Inc. | TSLA | 2.60% |
| Walmart, Inc. | WMT | 2.47% |
| Broadcom, Inc. | AVGO | 2.23% |
| Netflix, Inc. | NFLX | 2.07% |
Largest positions only in VWO
| Company | Ticker | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | N/A | 14.61% |
| Tencent Holdings Ltd | N/A | 3.26% |
| Alibaba Group Holding Ltd | N/A | 2.55% |
| Delta Electronics Inc | N/A | 1.17% |
| MediaTek Inc | N/A | 1.06% |
| Reliance Industries Ltd | N/A | 0.90% |
| China Construction Bank Corp | N/A | 0.85% |
| HDFC Bank Ltd | N/A | 0.80% |
| Hon Hai Precision Industry Co Ltd | N/A | 0.74% |
| Industrial & Commercial Bank of China Ltd | N/A | 0.62% |
FAQ
How much do JEPQ and VWO overlap?
JEPQ and VWO have 0.1% overlap by weight, sharing 1 equity positions (out of 92 in JEPQ and 4925 in VWO). The official holdings files used are dated 2026-03-31 for JEPQ and 2026-04-30 for VWO.
What does 0.1% overlap mean?
JEPQ and VWO share a smaller portion of their portfolio weight in the same underlying stocks. OverlapCheck labels this "low 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 VWO both hold?
The largest shared positions are PDD Holdings, Inc.. The top shared holdings with weights in each fund are shown on this page.
What holdings are different between JEPQ and VWO?
JEPQ has 91 positions not found in VWO, while VWO has 4924 positions not found in JEPQ. The largest fund-only positions and their weights are shown on this page.