etf overlap · little overlap
XLY vs JEPQ overlap
8.5% of XLY and JEPQ is the same money, spread over 11 companies both funds hold.
Holdings as of September 24, 2026 · source: SPDR (XLY), J.P. Morgan (JEPQ) · How we measured all 1,035 pairs
- same money
- same companies, extra weight
- only in this fund
The companies you would own twice
What only one of them gives you
Where each fund puts its money
XLY and JEPQ: what people ask
How much do XLY and JEPQ overlap?
8.5% by weight, as of September 24, 2026: little overlap. 11 companies appear in both funds; they make up 62% of XLY and 8.5% of JEPQ.
Which stocks do XLY and JEPQ both hold?
The largest shared positions are AMZN, TSLA, BKNG, MAR and ORLY. Ranked by the smaller of the two weights, which is the part you would own twice.
Is it redundant to hold both XLY and JEPQ?
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: 36 names only in XLY, 83 only in JEPQ. Half in each behaves like 23 equally weighted stocks, against 10 for XLY alone and 27 for JEPQ 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 SPDR 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.