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 PTF — Invesco DWA Technology Momentum ETF
| Substitute | Correlation | Book overlap | Fee vs PTF | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| XLK Technology Select Sector SPDR Fund | 0.847 | 24% | -51bp | $124.1B | different index | Compare |
| IXN iShares Global Tech ETF | 0.839 | 15% | -19bp | $9.2B | different index | Compare |
| QQQ Invesco QQQ Trust | 0.811 | 16% | -40bp | $498.5B | different index | Compare |
| IYW iShares U.S. Technology ETF | 0.805 | 16% | -20bp | $25.7B | 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