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.
Data verified 2026-05-15 · based on Howard Marks's Q1 2026 13F filing · view on SEC EDGAR
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
Howard Marks's investment philosophy
You can't predict, you can prepare. Second-level thinking.
Other superinvestor ETF replications
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- Bill AckmanPershing Square Capital
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- David EinhornGreenlight Capital
- Seth KlarmanBaupost Group
- Joel GreenblattGotham Asset Management