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 PRN — Invesco DWA Industrials Momentum ETF
| Substitute | Correlation | Book overlap | Fee vs PRN | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| MTUM iShares MSCI USA Momentum Factor ETF | 0.869 | — | -45bp | $26.2B | different index | Compare |
| IJK iShares S&P Mid-Cap 400 Growth ETF | 0.829 | — | -43bp | $11.3B | different index | Compare |
| IWO iShares Russell 2000 Growth ETF | 0.828 | — | -36bp | $15.1B | different index | Compare |
| VBK Vanguard Small Cap Growth Index Fund | 0.823 | — | -53bp | $17.7B | 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