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 SDY — SPDR S&P Dividend ETF
| Substitute | Correlation | Book overlap | Fee vs SDY | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| DGRO iShares Core Dividend Growth ETF | 0.825 | 28% | -27bp | $43.6B | different index | Compare |
| DVY iShares Select Dividend ETF | 0.859 | 23% | +3bp | $24.1B | different index | Compare |
| SCHD Schwab U.S. Dividend Equity ETF | 0.837 | — | -29bp | $60.6B | 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