JEPI vs DIA: Complete Comparison
JPMorgan Equity Premium Income ETF vs SPDR Dow Jones Industrial Average ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ JEPI wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: JEPI wins with better number of holdings. Consider JEPI for your portfolio, but DIA is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
4 shared holdings representing 5.3% portfolio overlap
Top Shared Holdings
| # | Stock | JEPI Weight | DIA Weight | Overlap |
|---|---|---|---|---|
| 1 | V V | 1.50% | 5.65% | 1.50% |
| 2 | MSFT MSFT | 1.50% | 6.85% | 1.50% |
| 3 | MCD MCD | 1.28% | 5.25% | 1.28% |
| 4 | UNH UNH | 0.32% | 9.85% | 0.32% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in JEPI
Unique to JEPI
| Symbol | Name | Weight |
|---|---|---|
| GOOGL | GOOGL | 1.67% |
| JNJ | JNJ | 1.63% |
| ABBV | ABBV | 1.62% |
| MGMXX | MGMXX | 1.62% |
| ADI | ADI | 1.56% |
Top Holdings Only in DIA
Unique to DIA
| Symbol | Name | Weight |
|---|---|---|
| GS | Goldman Sachs | 8.25% |
| HD | Home Depot | 6.65% |
| CAT | Caterpillar Inc | 6.25% |
| AMGN | Amgen Inc | 5.85% |
| CRM | Salesforce Inc | 5.45% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.