etf overlap tool · light overlap
JEPI vs XLK overlap
14% of JEPI and XLK is the same money, spread over 22 companies both funds hold.
Holdings as of October 16, 2026 · source: J.P. Morgan (JEPI), SPDR (XLK) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold JEPI and XLK with other funds or stocks? The free portfolio optimizer opens JEPI and XLK 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.
The companies you would own twice
PLTRPALANTIR TECHNOLOGIES0.33%2.58%
What only one of them gives you
KLACKLA CORP1.31%
CRMSALESFORCE INC1.19%Where each fund puts its money
JEPI and XLK: what people ask
How much do JEPI and XLK overlap?
14% by weight, as of October 16, 2026: light overlap. 22 companies appear in both funds; they make up 14% of JEPI and 73% of XLK.
Which stocks do JEPI and XLK both hold?
The largest shared positions are MSFT, AAPL, NVDA, AVGO and LRCX. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both JEPI and XLK?
Out of every $100 split evenly between them, about $14 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 97 names only in JEPI, 53 only in XLK. Half in each behaves like 37 equally weighted stocks, against 75 for JEPI alone and 14 for XLK 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 SPDR 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.
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.