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 IWR — iShares Russell Mid-Cap ETF
| Substitute | Correlation | Book overlap | Fee vs IWR | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IMCB iShares Morningstar Mid-Cap ETF | 0.986 | 50% | -15bp | $1.7B | different index | Compare |
| IMCG iShares Morningstar Mid-Cap Growth ETF | 0.933 | 40% | -13bp | $4.2B | different index | Compare |
| IWS iShares Russell Mid-Cap Value ETF | 0.978 | 45% | +4bp | $16B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.974 | 10% | -14bp | $58.9B | different index | Compare |
| VOE Vanguard Mid-Cap Value Index Fund | 0.885 | 33% | -12bp | $17.5B | different index | Compare |
| IMCV iShares Morningstar Mid-Cap Value ETF | 0.853 | 38% | -13bp | $1.2B | 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