JEPI vs XLK: Complete Comparison
JPMorgan Equity Premium Income ETF vs Technology Select Sector SPDR Fund 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 XLK wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: XLK wins with better expense ratio. Consider XLK for your portfolio, but JEPI is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
15 shared holdings representing 15.6% portfolio overlap
Top Shared Holdings
| # | Stock | JEPI Weight | XLK Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVDA | 1.51% | 14.84% | 1.51% |
| 2 | MSFT MSFT | 1.50% | 11.75% | 1.50% |
| 3 | AAPL AAPL | 1.48% | 13.10% | 1.48% |
| 4 | INTU INTU | 1.29% | 1.59% | 1.29% |
| 5 | NOW NOW | 1.21% | 1.34% | 1.21% |
| 6 | ADI ADI | 1.56% | 1.15% | 1.15% |
| 7 | AVGO AVGO | 1.03% | 5.36% | 1.03% |
| 8 | APH APH | 0.91% | 1.43% | 0.91% |
| 9 | ORCL ORCL | 0.78% | 2.81% | 0.78% |
| 10 | CDNS CDNS | 1.03% | 0.73% | 0.73% |
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% |
| AMZN | AMZN | 1.55% |
Top Holdings Only in XLK
Unique to XLK
| Symbol | Name | Weight |
|---|---|---|
| PLTR | PLTR | 3.75% |
| AMD | AMD | 2.96% |
| MU | MU | 2.72% |
| CSCO | CSCO | 2.60% |
| IBM | IBM | 2.41% |
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.