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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 VFMVVanguard U.S. Minimum Volatility ETF
SubstituteCorrelationBook overlapFee vs VFMVAssetsWash-sale read
USMV iShares MSCI USA Min Vol Factor ETF39%+2bp$24.1Bdifferent indexCompare
ESMV iShares ESG MSCI USA Min Vol Factor ETF31%+5bp$7904.06Tdifferent indexCompare
BUFR FT CBOE VEST FUND OF BUFFER ETFS-13bp$5.1Bdifferent indexCompare
ACWV iShares MSCI Global Min Vol Factor ETF31%+7bp$3.4Bdifferent indexCompare
EFAV iShares MSCI EAFE Min Vol Factor ETF0%+9bp$5.5Bdifferent indexCompare
LQDH iShares Interest Rate Hedged Corporate Bond ETF+10bp$540Mdifferent 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

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