Tax-Loss Harvest Finder
Sell the loss, keep the exposure. For any fund, ranked stand-ins that track the same market — scored on a year of price correlation, holdings overlap, and fee — with a flag when two funds follow the same index and a swap could look substantially identical.
Correlation computed on ~250 shared sessions per pair · not tax advice — the flag is a heuristic, your compliance desk has the final word
Stand-ins for AIA — iShares Asia 50 ETF
| Substitute | Correlation | Book overlap | Fee vs AIA | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IEMG iShares Core MSCI Emerging Markets ETF | 0.977 | 11% | -41bp | $160.6B | different index | Compare |
| VWO Vanguard Emerging Markets Stock Index Fund | 0.909 | — | -42bp | $79.1B | different index | Compare |
| QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF | 0.845 | — | -50bp | $575M | different index | Compare |
| SOXX iShares Semiconductor ETF | 0.841 | — | -15bp | $44B | different index | Compare |
| QQQ Invesco QQQ Trust | 0.820 | — | -30bp | $498.5B | different index | Compare |
| EEM iShares MSCI Emerging Markets ETF | 0.981 | 17% | +20bp | $31.3B | different index | Compare |
RANKED BY CORRELATION, FEE, AND OVERLAP · “SAME INDEX” PAIRS ARE FLAGGED BECAUSE THE IRS HAS NEVER DEFINED “SUBSTANTIALLY IDENTICAL” — MOST DESKS TREAT SAME-INDEX SWAPS AS OFF-LIMITS AND DIFFERENT-INDEX SWAPS AS DEFENSIBLE