etf overlap tool · little overlap
SCHD vs JEPI overlap
8.0% of SCHD and JEPI is the same money, spread over 15 companies both funds hold.
Holdings as of October 13, 2026 · source: Schwab (SCHD), J.P. Morgan (JEPI) · How we measured all 1,431 pairs
- same money
- same companies, extra weight
- only in this fund
Hold SCHD and JEPI with other funds or stocks? The free portfolio optimizer opens SCHD and JEPI 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
What only one of them gives you
QCOMQUALCOMM4.34%
CVXCHEVRON4.29%
AMGNAMGEN INC3.89%
HDHOME DEPOT3.85%
Where each fund puts its money
SCHD and JEPI: what people ask
How much do SCHD and JEPI overlap?
8.0% by weight, as of October 13, 2026: little overlap. 15 companies appear in both funds; they make up 46% of SCHD and 8.0% of JEPI.
Which stocks do SCHD and JEPI both hold?
The largest shared positions are EOG, PEP, COP, BMY and ACN. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both SCHD and JEPI?
Out of every $100 split evenly between them, about $8 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 85 names only in SCHD, 104 only in JEPI. Half in each behaves like 81 equally weighted stocks, against 34 for SCHD alone and 75 for JEPI 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 Schwab and J.P. Morgan 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.