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 FNK — FIRST TRUST MID CAP VALUE ALPHADEX FUND
| Substitute | Correlation | Book overlap | Fee vs FNK | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VTV Vanguard Value Index Fund | — | — | +4bp | $125.5B | different index | Compare |
| VO Vanguard Mid Cap Index Fund | — | — | +4bp | $68.1B | different index | Compare |
| VUG Vanguard Growth Index Fund | — | — | +4bp | $135.5B | different index | Compare |
| IUSV iShares Core S&P U.S. Value ETF | — | — | +4bp | $28.1B | different index | Compare |
| IUSG iShares Core S&P U.S. Growth ETF | — | — | +4bp | $33.8B | different index | Compare |
| ILCV iShares Morningstar Value ETF | — | — | +4bp | $1.3B | 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