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 RWK — Invesco S&P MidCap 400 Revenue ETF
| Substitute | Correlation | Book overlap | Fee vs RWK | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IJJ iShares S&P Mid-Cap 400 Value ETF | 0.958 | 50% | -21bp | $9.1B | different index | Compare |
| IJH iShares Core S&P Mid-Cap ETF | 0.922 | 39% | -34bp | $128.4B | different index | Compare |
| VBR Vanguard Small Cap Value Index Fund | 0.952 | 21% | -32bp | $30.1B | different index | Compare |
| ISCV iShares Morningstar Small-Cap Value ETF | 0.934 | 21% | -33bp | $712M | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.906 | 15% | -34bp | $58.9B | different index | Compare |
| ESML iShares ESG Aware MSCI USA Small-Cap ETF | 0.887 | 18% | -22bp | $3B | 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