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 EDOW — FIRST TRUST DOW 30 EQUAL WEIGHT ETF
| Substitute | Correlation | Book overlap | Fee vs EDOW | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| DIA SPDR Dow Jones Industrial Average ETF Trust | 0.916 | — | +16bp | $46.5B | different index | Compare |
| MOAT VanEck Morningstar Wide Moat ETF | 0.814 | — | +46bp | $12.2B | different index | Compare |
| DIVO AMPLIFY CWP ENHANCED DIVIDEND INCOME ETF | 0.836 | — | +55bp | $3.5B | 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