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 UWM — ProShares Ultra Russell2000
| Substitute | Correlation | Book overlap | Fee vs UWM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VB Vanguard Small Cap Index Fund | 0.963 | — | -90bp | $58.9B | different index | Compare |
| VBR Vanguard Small Cap Value Index Fund | 0.880 | — | -88bp | $30.1B | different index | Compare |
| VTI Vanguard Total Stock Market Index Fund | 0.866 | — | -92bp | $428.1B | different index | Compare |
| VOT Vanguard Mid-Cap Growth Index Fund | 0.863 | — | -88bp | $13.8B | different index | Compare |
| QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF | 0.839 | — | -95bp | $575M | different index | Compare |
| VIS Vanguard Industrials Index Fund | 0.829 | — | -85bp | $5.5B | 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