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 PKW — Invesco BuyBack Achievers ETF
| Substitute | Correlation | Book overlap | Fee vs PKW | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VBR Vanguard Small Cap Value Index Fund | 0.884 | 8% | -55bp | $30.1B | different index | Compare |
| VOE Vanguard Mid-Cap Value Index Fund | 0.848 | 15% | -55bp | $17.5B | different index | Compare |
| VFH Vanguard Financials Index Fund | 0.820 | 19% | -52bp | $10.3B | different index | Compare |
| VTV Vanguard Value Index Fund | 0.806 | 8% | -58bp | $125.5B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.820 | 3% | -57bp | $58.9B | different index | Compare |
| DIA SPDR Dow Jones Industrial Average ETF Trust | 0.816 | 4% | -46bp | $46.5B | 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