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 IHE — iShares U.S. Pharmaceuticals ETF
| Substitute | Correlation | Book overlap | Fee vs IHE | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VHT Vanguard Health Care Index Fund | 0.875 | 33% | -30bp | $19B | different index | Compare |
| XLV Health Care Select Sector SPDR Fund | 0.856 | 37% | -31bp | $43.7B | 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