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 EQWL — Invesco S&P 100 Equal Weight ETF
| Substitute | Correlation | Book overlap | Fee vs EQWL | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VTV Vanguard Value Index Fund | 0.889 | 47% | -21bp | $125.5B | different index | Compare |
| VTI Vanguard Total Stock Market Index Fund | 0.854 | 38% | -22bp | $428.1B | different index | Compare |
| DIA SPDR Dow Jones Industrial Average ETF Trust | 0.894 | 26% | -9bp | $46.5B | different index | Compare |
| SPY SPDR S&P 500 ETF Trust | 0.838 | 42% | -16bp | $818.3B | different index | Compare |
| VOO Vanguard 500 Index Fund | 0.837 | 42% | -22bp | $500.4B | different index | Compare |
| VBR Vanguard Small Cap Value Index Fund | 0.852 | — | -18bp | $30.1B | 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