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 VEA — Vanguard Developed Markets Index Fund
| Substitute | Correlation | Book overlap | Fee vs VEA | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF | 0.846 | — | -6bp | $575M | different index | Compare |
| VWO Vanguard Emerging Markets Stock Index Fund | 0.871 | — | +2bp | $79.1B | different index | Compare |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.884 | 0% | +3bp | $160.6B | different index | Compare |
| VTI Vanguard Total Stock Market Index Fund | 0.803 | 0% | -3bp | $428.1B | different index | Compare |
| EFA iShares MSCI EAFE ETF | 0.959 | 18% | +29bp | $80B | different index | Compare |
| EEM iShares MSCI Emerging Markets ETF | 0.882 | 0% | +64bp | $31.3B | 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