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Wednesday, August 19, 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 VTVVanguard Value Index Fund
SubstituteCorrelationBook overlapFee vs VTVAssetsWash-sale read
IUSV iShares Core S&P U.S. Value ETF0.90160%same$28.1Bdifferent indexCompare
ILCV iShares Morningstar Value ETF0.84363%same$1.4Bdifferent indexCompare
DGRO iShares Core Dividend Growth ETF0.90256%+4bp$43.6Bdifferent indexCompare
VOE Vanguard Mid-Cap Value Index Fund0.92222%+3bp$17.5Bdifferent indexCompare
IMCV iShares Morningstar Mid-Cap Value ETF0.87426%+2bp$1.2Bdifferent indexCompare
IWD iShares Russell 1000 Value ETF0.94059%+15bp$83.9Bdifferent 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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