IVW vs JEPI Overlap
IVW is a U.S. growth equity ETF from IShares, while JEPI is an equity ETF from J.P. Morgan. IVW and JEPI show meaningful overlap, with an estimated weighted overlap of 23.43%. They share 41 holdings in the loaded dataset, led by NVDA, GOOGL, and AMZN.
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Quick Answer
IVW is a U.S. growth equity ETF from IShares, while JEPI is an equity ETF from J.P. Morgan. IVW and JEPI show meaningful overlap, with an estimated weighted overlap of 23.43%. They share 41 holdings in the loaded dataset, led by NVDA, GOOGL, and AMZN.
- 23.43% weighted overlap across 41 shared holdings.
- The top three shared holdings explain 18.42% of the measured overlap.
- IVW is the broader fund, while JEPI is more targeted.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both may add less diversification than the fund names imply.
Data Freshness
- IVW holdings
- Mar 12, 2026
- JEPI holdings
- Mar 12, 2026
- Overlap computed
- Mar 15, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
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About These ETFs
What Stands Out In This Comparison
What This Means
IVW is a U.S. growth equity ETF from IShares, while JEPI is an equity ETF from J.P. Morgan. IVW and JEPI overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as NVDA, GOOGL, and AMZN, which explains why the score lands at 23.43%.
How They Differ
IVW is a U.S. growth equity ETF from IShares, while JEPI is an equity ETF from J.P. Morgan. IVW is the broader fund, while JEPI is the more targeted sleeve. IVW has the lower expense ratio, while JEPI charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 18.42% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
If you want the broader portfolio building block, IVW is usually the wider choice. If you want the more focused tilt, JEPI is the narrower expression. IVW has the lower expense ratio, while JEPI charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 18.42% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between IVW and JEPI.
| Holding | Name | IVW Wt. | JEPI Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | 14.73% | 1.46% | 1.46% |
| GOOGL | ALPHABET INC CLASS A | 5.86% | 1.44% | 1.44% |
| AMZN | AMAZON COM INC | 3.63% | 1.42% | 1.42% |
| AVGO | BROADCOM INC | 5.31% | 1.41% | 1.41% |
| AAPL | APPLE INC | 6.32% | 1.40% | 1.40% |
| MSFT | MICROSOFT CORP | 9.89% | 1.37% | 1.37% |
| META | META PLATFORMS INC CLASS A | 4.67% | 1.33% | 1.33% |
| JNJ | JOHNSON & JOHNSON | 1.14% | 1.75% | 1.14% |
| V | VISA INC CLASS A | 0.96% | 1.32% | 0.96% |
| MA | MASTERCARD INC CLASS A | 0.93% | 1.36% | 0.93% |
Why These ETFs Overlap
IVW is a U.S. growth equity ETF from IShares, while JEPI is an equity ETF from J.P. Morgan. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are NVDA, GOOGL, and AMZN, which appear in both portfolios and push the overlap score higher.
Holding both IVW and JEPI can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.
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Frequently Asked Questions About IVW and JEPI
What is the overlap between IVW and JEPI?+
How many holdings do IVW and JEPI share?+
Is the IVW and JEPI overlap high?+
Why do IVW and JEPI overlap?+
Which ETF is broader, IVW or JEPI?+
How Overlap Is Calculated
A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.