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 EUFN — iShares MSCI Europe Financials ETF
| Substitute | Correlation | Book overlap | Fee vs EUFN | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| EFV iShares MSCI EAFE Value ETF | 0.896 | 10% | -17bp | $31.4B | different index | Compare |
| VGK Vanguard European Stock Index Fund | 0.900 | 8% | -40bp | $20.6B | different index | Compare |
| IXG iShares Global Financials ETF | 0.845 | 23% | -9bp | $703M | different index | Compare |
| EFA iShares MSCI EAFE ETF | 0.885 | 9% | -16bp | $80B | different index | Compare |
| VYMI Vanguard International High Dividend Yield Fund | 0.883 | 10% | -29bp | $7.9B | different index | Compare |
| EFG iShares MSCI EAFE Growth ETF | 0.820 | 4% | -15bp | $17B | 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