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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 VXUSVanguard Total Intl Stock Idx Fund
SubstituteCorrelationBook overlapFee vs VXUSAssetsWash-sale read
VWO Vanguard Emerging Markets Stock Index Fund0.929+1bp$79.1Bdifferent indexCompare
IEMG iShares Core MSCI Emerging Markets ETF0.9231%+2bp$160.6Bdifferent indexCompare
QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF0.872-7bp$575Mdifferent indexCompare
VTI Vanguard Total Stock Market Index Fund0.8230%-4bp$428.1Bdifferent indexCompare
VOO Vanguard 500 Index Fund0.8130%-4bp$500.4Bdifferent indexCompare
BUFR FT CBOE VEST FUND OF BUFFER ETFS0.805-7bp$5.1Bdifferent 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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