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 TOK — iShares MSCI Kokusai ETF
| Substitute | Correlation | Book overlap | Fee vs TOK | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VTI Vanguard Total Stock Market Index Fund | 0.971 | 65% | -23bp | $428.1B | different index | Compare |
| SPY SPDR S&P 500 ETF Trust | 0.969 | 65% | -17bp | $818.3B | different index | Compare |
| VOO Vanguard 500 Index Fund | 0.967 | 65% | -23bp | $500.4B | different index | Compare |
| MGC Vanguard Mega Cap Index Fund | 0.955 | 62% | -19bp | $6B | different index | Compare |
| QQQ Invesco QQQ Trust | 0.878 | 40% | -6bp | $498.5B | different index | Compare |
| BUFR FT CBOE VEST FUND OF BUFFER ETFS | 0.956 | — | -26bp | $5.1B | 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