JEPI vs SMEA overlap

None by holdings, as of September 24, 2026: no company appears in both funds. By sector, 69% of their money sits in the same sectors, led by Industrials.

None. JEPI and SMEA have no holding in common.

No. Out of every $100 split evenly between them, none buys the same company. Half in each gives you 504 different holdings that behave like 174 equally weighted stocks, against 75 for JEPI alone and 104 for SMEA alone. Whether that mix suits you depends on what you want to own; this is a description, not advice.

SMEA is iShares Core MSCI Europe UCITS ETF EUR (Acc) (ISIN IE00B4K48X80), an Irish-domiciled UCITS fund on the MSCI Europe index. Next to JEPI, it holds no company in common, as of September 24, 2026.

Yes. SMEA also trades as IMAE (Euronext Amsterdam, EUR) and EUNK (Xetra, EUR). Each is the same portfolio in another currency, on another exchange or paying its dividends out, so JEPI and EUNK share no company either.

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 iShares 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.