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Sunday, August 23, 2026The Morning Brief →Sign in

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

Fund to harvestTry:IVVQQQAGG
Stand-ins for FELGFIDELITY ENHANCED LARGE CAP GROWTH ETF
SubstituteCorrelationBook overlapFee vs FELGAssetsWash-sale read
IVW iShares S&P 500 Growth ETF0.978same$77.4Bdifferent indexCompare
IUSG iShares Core S&P U.S. Growth ETF0.976-14bp$33.8Bdifferent indexCompare
ILCG iShares Morningstar Growth ETF0.972-14bp$3.3Bdifferent indexCompare
SPY SPDR S&P 500 ETF Trust0.940-9bp$818.3Bdifferent indexCompare
IVV iShares Core S&P 500 ETF0.938-15bp$900.9Bdifferent indexCompare
IWB iShares Russell 1000 ETF0.935-3bp$49.6Bdifferent indexCompare

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

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