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 QVMM — Invesco S&P MidCap 400 QVM Multi-factor ETF
| Substitute | Correlation | Book overlap | Fee vs QVMM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.994 | 72% | -10bp | $128.4B | different index | Compare |
| IJK iShares S&P Mid-Cap 400 Growth ETF | 0.960 | 55% | +2bp | $11.3B | different index | Compare |
| IJJ iShares S&P Mid-Cap 400 Value ETF | 0.939 | 50% | +3bp | $9.1B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.970 | 20% | -10bp | $58.9B | different index | Compare |
| SMLF iShares MSCI USA Small-Cap Multifactor ETF | 0.952 | 24% | same | $4.3B | different index | Compare |
| VBR Vanguard Small Cap Value Index Fund | 0.938 | 27% | -8bp | $30.1B | 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