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 EMXF — iShares ESG Advanced MSCI EM ETF
| Substitute | Correlation | Book overlap | Fee vs EMXF | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IEMG iShares Core MSCI Emerging Markets ETF | 0.976 | 14% | -7bp | $160.6B | different index | Compare |
| SPEM SPDR Portfolio Emerging Markets ETF | 0.942 | 6% | -9bp | $17.6B | different index | Compare |
| VWO Vanguard Emerging Markets Stock Index Fund | 0.934 | — | -8bp | $79.1B | different index | Compare |
| QAI IQ HEDGE MULTI-STRATEGY TRACKER ETF | 0.857 | — | -16bp | $575M | different index | Compare |
| QQQ Invesco QQQ Trust | 0.814 | — | +4bp | $498.5B | different index | Compare |
| EEM iShares MSCI Emerging Markets ETF | 0.974 | 22% | +54bp | $30.5B | 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