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Wednesday, August 19, 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 PTEUPacer Trendpilot European Index ETF
SubstituteCorrelationBook overlapFee vs PTEUAssetsWash-sale read
VGK Vanguard European Stock Index Fund0.923-54bp$20.6Bdifferent indexCompare
EFA iShares MSCI EAFE ETF0.912-30bp$80Bdifferent indexCompare
EFG iShares MSCI EAFE Growth ETF0.900-29bp$17.3Bdifferent indexCompare
IEV iShares Europe ETF0.917+2bp$1.7Bdifferent indexCompare
VEU Vanguard FTSE All-World ex-US Index Fund0.874-57bp$40.1Bdifferent indexCompare
VYMI Vanguard International High Dividend Yield Fund0.860-43bp$7.9Bdifferent 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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