JEPI vs DIVO overlap
JEPI and DIVO overlap 12.2% by weight, across 12 shared holdings.
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Top shared holdings
| Holding | JEPI | DIVO | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 1.52% | 2.16% | 1.52% |
| Apple Inc.AAPL | 1.52% | 5.10% | 1.52% |
| RTX Corp.RTX | 1.42% | 3.24% | 1.42% |
| VISA Inc.-Class aV | 1.41% | 3.36% | 1.41% |
| American ExpressAXP | 1.39% | 4.52% | 1.39% |
| Microsoft Corp.MSFT | 1.28% | 4.93% | 1.28% |
| McDonalds Corp.MCD | 1.21% | 2.88% | 1.21% |
| Walmart Inc.WMT | 0.91% | 3.17% | 0.91% |
| Merck & CoMRK | 0.80% | 3.35% | 0.80% |
| Verizon CommunicVZ | 0.36% | 0.96% | 0.36% |
| Fedex Corp.FDX | 0.35% | 2.41% | 0.35% |
| Fedex Freight HOFDXF | 0.09% | 0.58% | 0.09% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: JEPI, SEC Form N-PORT, June 30, 2026; DIVO, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | JEPI | DIVO |
|---|---|---|
| Morgan Stanley | $2.8B | $200.3M |
| Bank of America Corp. | $1.7B | $37.5M |
| Raymond James Financial Inc. | $495.6M | $810.1M |
| Wells Fargo & Company | $977.4M | $82.0M |
| LPL Financial LLC | $585.3M | $399.3M |
| Envestnet Asset Management Inc. | $638.9M | $166.1M |
| Royal Bank of Canada | $452.9M | $86.6M |
| UBS Group AG | $369.0M | $84.5M |
| Cetera Investment Advisers | $390.3M | $51.0M |
| Osaic Holdings, Inc. | $327.3M | $61.5M |
| JPMorgan Chase & Co | $329.5M | $5.6M |
| Cambridge Investment Research Advisors, Inc. | $213.2M | $27.1M |
| Commonwealth Equity Services, LLC | $221.0M | $14.9M |
| Janney Montgomery Scott LLC | $132.7M | $100.4M |
| HighTower Advisors, LLC | $123.8M | $91.5M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: JEPI institutional holders, DIVO institutional holders.
Frequently asked questions
How much do JEPI and DIVO overlap?
12.2% by weight, with 12 holdings in common, using holdings for JEPI as of June 30, 2026 and DIVO as of June 30, 2026. The largest shared position is NVDA.
Do institutions hold both JEPI and DIVO?
298 Form 13F filers report positions in both, out of 1,516 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.