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
| Substitute | Correlation | Book overlap | Fee vs FDEM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VSGX Vanguard ESG International Stock ETF | 0.926 | — | -13bp | $4B | different index | Compare |
| VXUS Vanguard Total International Stock ETF | 0.920 | — | -18bp | $76.3B | different index | Compare |
| IXUS iShares Core MSCI Total International Stock ETF | 0.913 | — | -18bp | $46.2B | different index | Compare |
| SPDW State Street SPDR Portfolio Developed World ex-US ETF | 0.880 | — | -22bp | $41.5B | different index | Compare |
| DMXF iShares ESG Advanced MSCI EAFE Index ETF | 0.825 | — | -13bp | $964M | different index | Compare |
| CWI State Street SPDR MSCI ACWI ex-US ETF | 0.913 | — | +5bp | $2.8B | 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
Cached coverage for 2,133 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-02 (1,104 funds with dated records). Fund details retrieved: 2026-09-02 to 2026-10-03. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.