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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 IUSViShares Core S&P U.S. Value ETF
SubstituteCorrelationBook overlapFee vs IUSVAssetsWash-sale read
ILCV iShares Morningstar Value ETF0.95062%same$1.4Bdifferent indexCompare
VTV Vanguard Value Index Fund0.90160%same$125.5Bdifferent indexCompare
IVE iShares S&P 500 Value ETF0.99784%+14bp$50.4Bdifferent indexCompare
IMCV iShares Morningstar Mid-Cap Value ETF0.91721%+2bp$1.2Bdifferent indexCompare
VOE Vanguard Mid-Cap Value Index Fund0.90615%+3bp$17.5Bdifferent indexCompare
ISCV iShares Morningstar Small-Cap Value ETF0.893+2bp$712Mdifferent 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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