A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 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 MFUSPIMCO RAFI DYNAMIC MULTI-FACTOR US EQUITY ETF
SubstituteCorrelationBook overlapFee vs MFUSAssetsWash-sale read
QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF0.849same$575Mdifferent indexCompare
VTV Vanguard Value Index Fund0.897+4bp$125.5Bdifferent indexCompare
VTI Vanguard Total Stock Market Index Fund0.866+3bp$428.1Bdifferent indexCompare
VB Vanguard Small Cap Index Fund0.901+5bp$58.9Bdifferent indexCompare
VOO Vanguard 500 Index Fund0.842+3bp$500.4Bdifferent indexCompare
VOT Vanguard Mid-Cap Growth Index Fund0.854+7bp$13.8Bdifferent 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

Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.