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 PFM — Invesco Dividend Achievers ETF
| Substitute | Correlation | Book overlap | Fee vs PFM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| DGRO iShares Core Dividend Growth ETF | 0.946 | 66% | -45bp | $43.6B | different index | Compare |
| VYM Vanguard High Dividend Yield Index Fund | 0.924 | 61% | -47bp | $58.1B | different index | Compare |
| DIVB iShares U.S. Dividend and Buyback ETF | 0.805 | 40% | -48bp | $1.9B | different index | Compare |
| JEPI JPMorgan Equity Premium Income ETF | 0.837 | — | -18bp | $46.1B | different index | Compare |
| DIVO AMPLIFY CWP ENHANCED DIVIDEND INCOME ETF | 0.850 | — | +2bp | $3.5B | 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