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 IWX — iShares Russell Top 200 Value ETF
| Substitute | Correlation | Book overlap | Fee vs IWX | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IWD iShares Russell 1000 Value ETF | 0.985 | 71% | -1bp | $83.9B | different index | Compare |
| ILCV iShares Morningstar Value ETF | 0.916 | 70% | -16bp | $1.3B | different index | Compare |
| VTV Vanguard Value Index Fund | 0.921 | 67% | -16bp | $125.5B | different index | Compare |
| IVE iShares S&P 500 Value ETF | 0.905 | 64% | -2bp | $50.4B | different index | Compare |
| IUSV iShares Core S&P U.S. Value ETF | 0.908 | 60% | -16bp | $28.1B | different index | Compare |
| DGRO iShares Core Dividend Growth ETF | 0.867 | 53% | -12bp | $43.6B | 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