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 BINC — BLACKROCK FLEXIBLE INCOME ETF
| Substitute | Correlation | Book overlap | Fee vs BINC | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| USHY iShares Broad USD High Yield Corporate Bond ETF | 0.829 | — | +8bp | $29B | different index | Compare |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 0.831 | — | +30bp | $7.6B | different index | Compare |
| HYDB iShares High Yield Bond Factor ETF | 0.830 | — | +35bp | $1.6B | different index | Compare |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.803 | — | +49bp | $17.9B | 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