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 IFGL — iShares International Developed Real Estate ETF
| Substitute | Correlation | Book overlap | Fee vs IFGL | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VNQI Vanguard Global ex-U.S. Real Estate Index Fund | 0.899 | 31% | -36bp | $3.6B | different index | Compare |
| EFV iShares MSCI EAFE Value ETF | 0.809 | 0% | -14bp | $31.4B | different index | Compare |
| EFA iShares MSCI EAFE ETF | 0.809 | 0% | -13bp | $80B | different index | Compare |
| VYMI Vanguard International High Dividend Yield Fund | 0.808 | 0% | -26bp | $7.9B | different index | Compare |
| VGK Vanguard European Stock Index Fund | 0.806 | 0% | -37bp | $20.6B | different index | Compare |
| IEV iShares Europe ETF | 0.804 | 0% | +19bp | $1.7B | 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