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Sunday, August 23, 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 RSPRInvesco S&P 500® Equal Weight Real Estate ETF
SubstituteCorrelationBook overlapFee vs RSPRAssetsWash-sale read
IYR iShares U.S. Real Estate ETF0.94759%same$4.6Bdifferent indexCompare
ICF iShares Cohen & Steers REIT ETF0.91961%-7bp$2Bdifferent indexCompare
VNQ Vanguard Real Estate Index Fund0.94349%-28bp$36.5Bdifferent indexCompare
USRT iShares Core U.S. REIT ETF0.91550%-32bp$3.7Bdifferent indexCompare
REET iShares Global REIT ETF0.88137%-26bp$4.7Bdifferent indexCompare
REZ iShares Residential and Multisector Real Estate ETF0.851+8bp$840Mdifferent 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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