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 FXR — FIRST TRUST INDUSTRIALS/PRODUCER DURABLES ALPHADEX FUND
| Substitute | Correlation | Book overlap | Fee vs FXR | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VIS Vanguard Industrials Index Fund | 0.918 | — | -51bp | $5.5B | different index | Compare |
| VBR Vanguard Small Cap Value Index Fund | 0.913 | — | -54bp | $30.1B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.912 | — | -56bp | $58.9B | different index | Compare |
| VTV Vanguard Value Index Fund | 0.835 | — | -57bp | $125.5B | different index | Compare |
| DIA SPDR Dow Jones Industrial Average ETF Trust | 0.826 | — | -45bp | $46.5B | different index | Compare |
| VOE Vanguard Mid-Cap Value Index Fund | 0.819 | — | -54bp | $17.5B | 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