A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 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 SPMVInvesco S&P 500 Minimum Variance ETF
SubstituteCorrelationBook overlapFee vs SPMVAssetsWash-sale read
VTI Vanguard Total Stock Market Index Fund0.862-7bp$428.1Bdifferent indexCompare
ITOT iShares Core S&P Total U.S. Stock Market ETF0.858-7bp$97.9Bdifferent indexCompare
IUSV iShares Core S&P U.S. Value ETF0.840-6bp$28.1Bdifferent indexCompare
IWB iShares Russell 1000 ETF0.862+5bp$49.6Bdifferent indexCompare
IWV iShares Russell 3000 ETF0.859+10bp$20.4Bdifferent indexCompare
IWD iShares Russell 1000 Value ETF0.835+9bp$83.9Bdifferent 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

Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.