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 EMB — iShares J.P. Morgan USD Emerging Markets Bond ETF
| Substitute | Correlation | Book overlap | Fee vs EMB | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VWOB Vanguard Emerging Markets Government Bond Index Fund | 0.978 | — | -19bp | $5.3B | different index | Compare |
| BND Vanguard Total Bond Market Index Fund | 0.807 | — | -36bp | $112.8B | different index | Compare |
| EMHY iShares J.P. Morgan EM High Yield Bond ETF | 0.934 | — | +11bp | $640M | different index | Compare |
| JPIB JPMorgan International Bond Opportunities ETF | 0.859 | — | +11bp | $2.1B | 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