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 QQXT — FIRST TRUST NASDAQ-100 EX-TECHNOLOGY SECTOR INDEX FUND
| Substitute | Correlation | Book overlap | Fee vs QQXT | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IUSV iShares Core S&P U.S. Value ETF | 0.843 | — | +4bp | $28.1B | different index | Compare |
| IVE iShares S&P 500 Value ETF | 0.844 | — | +18bp | $50.4B | 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