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 TMF — DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES
| Substitute | Correlation | Book overlap | Fee vs TMF | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| EDV Vanguard Extended Duration Treasury Index Fund | 0.973 | — | +6bp | $3.8B | different index | Compare |
| GOVT iShares U.S. Treasury Bond ETF | 0.893 | — | +5bp | $43.8B | different index | Compare |
| TLT iShares 20+ Year Treasury Bond ETF | 0.988 | — | +15bp | $45.4B | different index | Compare |
| TLH iShares 10-20 Year Treasury Bond ETF | 0.972 | — | +15bp | $10.9B | different index | Compare |
| IBTM iShares iBonds Dec 2032 Term Treasury ETF | 0.807 | — | +7bp | $561M | different index | Compare |
| IEF iShares 7-10 Year Treasury Bond ETF | 0.876 | — | +15bp | $42.8B | 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