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 IWMY — DEFIANCE R2000 ENHANCED OPTIONS INCOME ETF
| Substitute | Correlation | Book overlap | Fee vs IWMY | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SPYI NEOS S&P 500(R) HIGH INCOME ETF | — | — | same | $1.8B | different index | Compare |
| DIVB iShares U.S. Dividend and Buyback ETF | — | — | +5bp | $1.9B | different index | Compare |
| SCHD Schwab U.S. Dividend Equity ETF | — | — | +6bp | $60.6B | different index | Compare |
| VYM Vanguard High Dividend Yield Index Fund | — | — | +6bp | $58.1B | different index | Compare |
| HDV iShares Core High Dividend ETF | — | — | +8bp | $15.1B | different index | Compare |
| DGRO iShares Core Dividend Growth ETF | — | — | +8bp | $43.6B | 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