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 VFQY — Vanguard U.S. Quality Factor ETF
| Substitute | Correlation | Book overlap | Fee vs VFQY | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IUSV iShares Core S&P U.S. Value ETF | 0.885 | 15% | -9bp | $28.1B | different index | Compare |
| VBR Vanguard Small Cap Value Index Fund | 0.904 | 9% | -6bp | $30.1B | different index | Compare |
| ISCV iShares Morningstar Small-Cap Value ETF | 0.902 | 8% | -7bp | $712M | different index | Compare |
| ILCV iShares Morningstar Value ETF | 0.854 | 14% | -9bp | $1.3B | different index | Compare |
| QUAL iShares MSCI USA Quality Factor ETF | 0.851 | 25% | +2bp | $47.9B | different index | Compare |
| ISCG iShares Morningstar Small-Cap Growth ETF | 0.845 | 9% | -7bp | $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