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 23.01%. They share 41 holdings in the loaded dataset, led by NVDA, AMZN, and AAPL.
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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 23.01%. They share 41 holdings in the loaded dataset, led by NVDA, AMZN, and AAPL.
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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, AMZN, and AAPL, which explains why the score lands at 23.01%.
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.
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 18.28% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
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.
Concentration
The top three shared holdings explain 18.28% 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.
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. | 14.62% | 1.41% | 1.41% |
| AMZN | Amazon.com, Inc. | 3.72% | 1.41% | 1.41% |
| AAPL | Apple Inc. | 6.43% | 1.39% | 1.39% |
| GOOGL | Alphabet Inc. | 5.78% | 1.38% | 1.38% |
| AVGO | Broadcom Inc | 5.06% | 1.31% | 1.31% |
| MSFT | Microsoft Corp. | 9.48% | 1.28% | 1.28% |
| JNJ | Johnson & Johnson | 1.20% | 1.74% | 1.20% |
| META | Meta Platforms Inc | 4.32% | 1.19% | 1.19% |
| V | Visa Inc | 0.96% | 1.30% | 0.96% |
| MA | MasterCard Incorporated | 0.94% | 1.35% | 0.94% |
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, AMZN, and AAPL, 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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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.