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 FDRV — Fidelity Electric Vehicles and Future Transportation ETF
| Substitute | Correlation | Book overlap | Fee vs FDRV | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF | 0.847 | — | -39bp | $575M | different index | Compare |
| SPEM SPDR Portfolio Emerging Markets ETF | 0.824 | — | -32bp | $17.6B | different index | Compare |
| AVEM Avantis Emerging Markets Equity ETF | 0.814 | — | -6bp | $6.3B | different index | Compare |
| VTI Vanguard Total Stock Market Index Fund | 0.802 | — | -36bp | $428.1B | 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