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 EQAL — Invesco Russell 1000 Equal Weight ETF
| Substitute | Correlation | Book overlap | Fee vs EQAL | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.911 | 12% | -15bp | $128.4B | different index | Compare |
| IUSV iShares Core S&P U.S. Value ETF | 0.897 | 14% | -16bp | $28.1B | different index | Compare |
| IWD iShares Russell 1000 Value ETF | 0.896 | 12% | -1bp | $83.9B | different index | Compare |
| IVE iShares S&P 500 Value ETF | 0.888 | 14% | -2bp | $50.4B | different index | Compare |
| IJR iShares Core S&P Small-Cap ETF | 0.908 | 2% | -14bp | $111.3B | 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