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 HERD — Pacer Cash Cows Fund of Funds ETF
| Substitute | Correlation | Book overlap | Fee vs HERD | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VBR Vanguard Small Cap Value Index Fund | 0.812 | — | -8bp | $30.1B | different index | Compare |
| IWD iShares Russell 1000 Value ETF | 0.815 | — | +4bp | $83.9B | different index | Compare |
| FLOW Global X U.S. Cash Flow Kings 100 ETF | 0.828 | — | +10bp | $4132.70T | different index | Compare |
| COWZ Pacer US Cash Cows 100 ETF | 0.865 | — | +34bp | $25.1B | different index | Compare |
| MOAT VanEck Morningstar Wide Moat ETF | 0.802 | — | +31bp | $12.2B | 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