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 IMFL — Invesco International Developed Dynamic Multifactor ETF
| Substitute | Correlation | Book overlap | Fee vs IMFL | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| EFA iShares MSCI EAFE ETF | 0.903 | 22% | +1bp | $80B | different index | Compare |
| VEU Vanguard FTSE All-World ex-US Index Fund | 0.908 | 12% | -26bp | $40.1B | different index | Compare |
| VGK Vanguard European Stock Index Fund | 0.859 | 19% | -23bp | $20.6B | different index | Compare |
| EFG iShares MSCI EAFE Growth ETF | 0.893 | 16% | +2bp | $17B | different index | Compare |
| VYMI Vanguard International High Dividend Yield Fund | 0.862 | 13% | -12bp | $7.9B | different index | Compare |
| EFV iShares MSCI EAFE Value ETF | 0.841 | 16% | same | $31.4B | 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