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Wednesday, August 19, 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 HAWXiShares Currency Hedged MSCI ACWI ex U.S. ETF
SubstituteCorrelationBook overlapFee vs HAWXAssetsWash-sale read
HEFA iShares Currency Hedged MSCI EAFE ETF0.937same$7.8Bdifferent indexCompare
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF0.894-10bp$3.6Bdifferent indexCompare
BUFR FT CBOE VEST FUND OF BUFFER ETFS0.803-35bp$5.1Bdifferent indexCompare
HEZU iShares Currency Hedged MSCI Eurozone ETF0.902+18bp$590Mdifferent indexCompare
HEWJ iShares Currency Hedged MSCI Japan ETF0.835+15bp$767Mdifferent 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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