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 ESGE — iShares ESG Aware MSCI EM ETF
| Substitute | Correlation | Book overlap | Fee vs ESGE | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IEMG iShares Core MSCI Emerging Markets ETF | 0.996 | 13% | -16bp | $160.6B | different index | Compare |
| VWO Vanguard Emerging Markets Stock Index Fund | 0.939 | — | -17bp | $79.1B | different index | Compare |
| QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF | 0.869 | — | -25bp | $575M | different index | Compare |
| QQQ Invesco QQQ Trust | 0.824 | — | -5bp | $498.5B | different index | Compare |
| SOXX iShares Semiconductor ETF | 0.829 | — | +10bp | $44B | different index | Compare |
| EEM iShares MSCI Emerging Markets ETF | 0.997 | 20% | +45bp | $31.3B | 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