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 FTRB — FEDERATED HERMES TOTAL RETURN BOND ETF
| Substitute | Correlation | Book overlap | Fee vs FTRB | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| BND Vanguard Total Bond Market Index Fund | 0.818 | — | +3bp | $112.8B | different index | Compare |
| AGG iShares Core U.S. Aggregate Bond ETF | 0.815 | — | +3bp | $127.8B | different index | Compare |
| IUSB iShares Core Total USD Bond Market ETF | 0.812 | — | +6bp | $43.4B | different index | Compare |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 0.810 | — | +14bp | $33.4B | different index | Compare |
| TLH iShares 10-20 Year Treasury Bond ETF | 0.805 | — | +15bp | $10.9B | 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