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 XMHQ — Invesco S&P MidCap Quality ETF
| Substitute | Correlation | Book overlap | Fee vs XMHQ | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IJK iShares S&P Mid-Cap 400 Growth ETF | 0.901 | 27% | -8bp | $11.3B | different index | Compare |
| IJH iShares Core S&P Mid-Cap ETF | 0.925 | 17% | -20bp | $128.4B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.920 | 5% | -20bp | $58.9B | different index | Compare |
| IWR iShares Russell Mid-Cap ETF | 0.914 | 1% | -6bp | $58.4B | different index | Compare |
| ISCG iShares Morningstar Small-Cap Growth ETF | 0.891 | 7% | -19bp | $1B | different index | Compare |
| IJJ iShares S&P Mid-Cap 400 Value ETF | 0.869 | 14% | -7bp | $9.1B | 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