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
| Substitute | Correlation | Book overlap | Fee vs IWS | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VOE Vanguard Mid-Cap Value Index Fund | 0.929 | 40% | -16bp | $17.5B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.937 | 15% | -18bp | $58.9B | different index | Compare |
| VONV Vanguard Russell 1000 Value ETF | 0.945 | 11% | -15bp | $9.2B | different index | Compare |
| VTV Vanguard Value Index Fund | 0.919 | 16% | -19bp | $125.5B | different index | Compare |
| FMDE Fidelity Enhanced Mid Cap Core ETF | 0.942 | — | same | $1.9B | different index | Compare |
| SPYV State Street SPDR Portfolio S&P 500 Value ETF | 0.882 | 13% | -19bp | $36.2B | 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
Cached coverage for 2,133 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-02 (1,104 funds with dated records). Fund details retrieved: 2026-09-02 to 2026-10-03. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.