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ETF replication · Howard Marks

Which ETF replicates Howard Marks's portfolio?

XLE (Energy Select Sector SPDR Fund) has the highest top-10 overlap with Howard Marks's Oaktree Capital portfolio — overlap score 23.3 across 1 shared holdings. Below: full ranked list of 5 closest ETFs and per-ticker contribution breakdown.

Closest ETF
XLE
Energy Select Sector SPDR Fund
Overlap score
23.3
1 shared top-10 names
ETF expense ratio
0.09%
annual fee

Top 5 ETFs ranked by overlap

#1XLEEnergy Select Sector SPDR Fund
Overlap score
23.3
Shared top-10 holdings (1):
WMB 6.3% × 3.7%

Howard Marks's investment philosophy

You can't predict, you can prepare. Second-level thinking.

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