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Sunday, August 23, 2026The Morning Brief →Sign in

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

Fund to harvestTry:IVVQQQAGG
Stand-ins for ARKQARK AUTONOMOUS TECHNOLOGY & ROBOTICS ETF
SubstituteCorrelationBook overlapFee vs ARKQAssetsWash-sale read
VBK Vanguard Small Cap Growth Index Fund0.858-68bp$17.7Bdifferent indexCompare
ARKK ARK INNOVATION ETF0.846same$5.7Bdifferent indexCompare
VTI Vanguard Total Stock Market Index Fund0.818-72bp$428.1Bdifferent indexCompare
ITOT iShares Core S&P Total U.S. Stock Market ETF0.817-72bp$97.9Bdifferent indexCompare
QQQ Invesco QQQ Trust0.815-55bp$498.5Bdifferent indexCompare
IWV iShares Russell 3000 ETF0.813-55bp$20.4Bdifferent indexCompare

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

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