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 SCAP — AdvisorShares Cornerstone Small Cap ETF
| Substitute | Correlation | Book overlap | Fee vs SCAP | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IJH iShares Core S&P Mid-Cap ETF | 0.902 | — | -130bp | $128.4B | different index | Compare |
| ESML iShares ESG Aware MSCI USA Small-Cap ETF | 0.900 | — | -118bp | $3B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.897 | — | -130bp | $58.9B | different index | Compare |
| IJR iShares Core S&P Small-Cap ETF | 0.896 | — | -129bp | $111.3B | different index | Compare |
| IJT iShares S&P Small-Cap 600 Growth ETF | 0.885 | — | -117bp | $8.4B | different index | Compare |
| SMLF iShares MSCI USA Small-Cap Multifactor ETF | 0.883 | — | -120bp | $4.3B | 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