etf overlap tool · light overlap

JEPI vs VO overlap

11% of JEPI and VO is the same money, spread over 30 companies both funds hold.

Holdings as of September 30, 2026 · source: J.P. Morgan (JEPI), Vanguard (VO) · How we measured all 1,431 pairs

overlapfull holdings, by weight

11%of each fund is money the other holds at the same weight, across 30 shared companies.

JEPI

11%84%

16% in VO

11%85%

15% in JEPI

same money
same companies, extra weight
only in this fund

Hold JEPI and VO with other funds or stocks? The free portfolio optimizer opens JEPI and VO beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.

01Shared

The companies you would own twice

held by bothtop 15 of 30

companyJEPIVO

VRVRTVERTIV HOLDINGS CO0.95%0.92%

HWHWMHOWMET AEROSPACE INC1.29%0.89%

ROSTROSS STORES INC COMMON1.28%0.74%

AONAON PLC COMMON STOCK USD0.69%0.58%

AJGARTHUR J GALLAGHER & CO0.72%0.58%

CMICUMMINS INC COMMON STOCK0.57%0.70%

DADASHDOORDASH INC COMMON0.54%0.71%

SRESEMPRA COMMON STOCK USD0.97%0.50%

ETETRENTERGY CORP COMMON0.94%0.46%

AZOAUTOZONE INC COMMON0.49%0.46%

VTRVENTAS INC REIT USD 0.250.54%0.43%

CMGCHIPOTLE MEXICAN GRILL0.78%0.40%

REGNREGENERON0.99%0.38%

YUMYUM BRANDS INC COMMON0.70%0.37%

ADSKAUTODESK INC COMMON0.33%0.44%

02Different

What only one of them gives you

only in JEPI89 names

MSFTMICROSOFT CORP COMMON1.97%

AAPLAPPLE INC COMMON STOCK1.94%

MAMASTERCARD INC COMMON1.91%

AMZNAMAZON.COM INC COMMON1.82%

VVISA INC COMMON STOCK1.81%

METAMETA PLATFORMS INC1.80%

TTTRANE TECHNOLOGIES PLC1.80%

NVDANVIDIA CORP COMMON STOCK1.77%

only in VO241 names

NENETCloudflare Inc1.11%

VLOValero Energy Corp1.10%

MPCMarathon Petroleum Corp1.10%

PSXPhillips 661.01%

PWRQuanta Services Inc0.95%

DDDDOGDatadog Inc0.91%

HOHOODRobinhood Markets Inc0.88%

LITELumentum Holdings Inc0.86%

03Sectors

Where each fund puts its money

sectorsJEPI vs VO, share of each fund

Industrials12.09%18.71%

Information Technology14.25%15.56%

Financials10.56%14.97%

Health Care11.64%9.25%

Consumer Discretionary9.13%8.77%

Consumer Staples8.55%4.81%

Utilities4.71%7.69%

Energy3.14%8.61%

Communication Services6.92%2.22%

Real Estate1.93%4.78%

Materials1.32%4.33%

04Questions

JEPI and VO: what people ask

questions4 answered

How much do JEPI and VO overlap?

11% by weight, as of September 30, 2026: light overlap. 30 companies appear in both funds; they make up 16% of JEPI and 15% of VO.

Which stocks do JEPI and VO both hold?

The largest shared positions are VRT, HWM, ROST, AON and AJG. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both JEPI and VO?

Out of every $100 split evenly between them, about $11 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 89 names only in JEPI, 241 only in VO. Half in each behaves like 198 equally weighted stocks, against 75 for JEPI alone and 206 for VO alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

How is ETF overlap calculated here?

For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files J.P. Morgan and Vanguard publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.

Hold JEPI and VO?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.