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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 OUSMALPS O'Shares U.S. Small-Cap Quality Dividend ETF Shares
SubstituteCorrelationBook overlapFee vs OUSMAssetsWash-sale read
VBR Vanguard Small Cap Value Index Fund0.901-41bp$30.1Bdifferent indexCompare
ISCV iShares Morningstar Small-Cap Value ETF0.877-42bp$712Mdifferent indexCompare
IJR iShares Core S&P Small-Cap ETF0.852-42bp$111.3Bdifferent indexCompare
IWS iShares Russell Mid-Cap Value ETF0.850-25bp$16Bdifferent indexCompare
IMCV iShares Morningstar Mid-Cap Value ETF0.839-42bp$1.2Bdifferent indexCompare
VOE Vanguard Mid-Cap Value Index Fund0.836-41bp$17.5Bdifferent 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

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