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 SPHQ — Invesco S&P 500 Quality ETF
| Substitute | Correlation | Book overlap | Fee vs SPHQ | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| MTUM iShares MSCI USA Momentum Factor ETF | 0.827 | 24% | same | $26.2B | different index | Compare |
| VOT Vanguard Mid-Cap Growth Index Fund | 0.850 | 13% | -8bp | $13.8B | different index | Compare |
| VTI Vanguard Total Stock Market Index Fund | 0.828 | 16% | -12bp | $428.1B | different index | Compare |
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.823 | 16% | -12bp | $97.9B | different index | Compare |
| IWB iShares Russell 1000 ETF | 0.819 | 16% | same | $49.6B | different index | Compare |
| VLUE iShares MSCI USA Value Factor ETF | 0.819 | 11% | same | $9.9B | 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