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 EWJV — iShares MSCI Japan Value ETF
| Substitute | Correlation | Book overlap | Fee vs EWJV | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| EFA iShares MSCI EAFE ETF | 0.817 | 5% | +20bp | $80B | different index | Compare |
| EWJ iShares MSCI Japan ETF | 0.928 | 56% | +35bp | $23.1B | 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