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 HYBL — SPDR Blackstone High Income ETF
| Substitute | Correlation | Book overlap | Fee vs HYBL | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 0.836 | — | -40bp | $7.6B | different index | Compare |
| USHY iShares Broad USD High Yield Corporate Bond ETF | 0.821 | — | -62bp | $29B | different index | Compare |
| HYDB iShares High Yield Bond Factor ETF | 0.809 | — | -35bp | $1.6B | different index | Compare |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.800 | — | -21bp | $17.9B | 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