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 MTUM — iShares MSCI USA Momentum Factor ETF
| Substitute | Correlation | Book overlap | Fee vs MTUM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| ILCG iShares Morningstar Growth ETF | 0.852 | 33% | -11bp | $3.3B | different index | Compare |
| GARP ISHARES FACTORS US GROWTH STYLE ETF | 0.850 | 29% | -15bp | $3B | different index | Compare |
| IUSG iShares Core S&P U.S. Growth ETF | 0.819 | 28% | -11bp | $33.8B | different index | Compare |
| VLUE iShares MSCI USA Value Factor ETF | 0.823 | 18% | same | $9.9B | different index | Compare |
| IVW iShares S&P 500 Growth ETF | 0.815 | 29% | +3bp | $77.4B | 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