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 NUMV — NUVEEN ESG MID-CAP VALUE ETF
| Substitute | Correlation | Book overlap | Fee vs NUMV | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IMCB iShares Morningstar Mid-Cap ETF | 0.888 | — | +4bp | $1.7B | different index | Compare |
| IUSV iShares Core S&P U.S. Value ETF | 0.885 | — | +4bp | $28.1B | different index | Compare |
| IMCV iShares Morningstar Mid-Cap Value ETF | 0.913 | — | +6bp | $1.2B | different index | Compare |
| VTV Vanguard Value Index Fund | 0.855 | — | +4bp | $125.5B | different index | Compare |
| VOE Vanguard Mid-Cap Value Index Fund | 0.912 | — | +7bp | $17.5B | different index | Compare |
| ISCV iShares Morningstar Small-Cap Value ETF | 0.892 | — | +6bp | $712M | 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