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Wednesday, August 19, 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 SIZEiShares MSCI USA Size Factor ETF
SubstituteCorrelationBook overlapFee vs SIZEAssetsWash-sale read
VBR Vanguard Small Cap Value Index Fund0.9119%-8bp$30.1Bdifferent indexCompare
IJR iShares Core S&P Small-Cap ETF0.889-9bp$113Bdifferent indexCompare
IWD iShares Russell 1000 Value ETF0.90115%+4bp$83.9Bdifferent indexCompare
VTI Vanguard Total Stock Market Index Fund0.82812%-12bp$428.1Bdifferent indexCompare
SPY SPDR S&P 500 ETF Trust0.80114%-6bp$818.3Bdifferent indexCompare
DIA SPDR Dow Jones Industrial Average ETF Trust0.8541%+1bp$46.5Bdifferent 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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