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 KEMQ — KraneShares Emerging Markets Consumer Technology Index ETF
| Substitute | Correlation | Book overlap | Fee vs KEMQ | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SPEM SPDR Portfolio Emerging Markets ETF | 0.894 | — | -53bp | $17.6B | different index | Compare |
| EEMA iShares MSCI Emerging Markets Asia ETF | 0.888 | — | -11bp | $872M | different index | Compare |
| VWO Vanguard Emerging Markets Stock Index Fund | 0.872 | — | -52bp | $79.1B | different index | Compare |
| ESGE iShares ESG Aware MSCI EM ETF | 0.870 | — | -35bp | $6.9B | different index | Compare |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.870 | — | -51bp | $160.6B | different index | Compare |
| EMGF iShares MSCI Emerging Markets Multifactor ETF | 0.864 | — | -35bp | $1.9B | 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