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 MGMT | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| FYX First Trust Small Cap Core AlphaDEX Fund | 0.886 | — | same | $919M | different index | Compare |
| FNX First Trust Mid Cap Core AlphaDEX Fund | 0.861 | — | same | $1.2B | different index | Compare |
| SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.899 | — | +3bp | $15.9B | different index | Compare |
| TNA Direxion Small Cap Bull 3X ETF | 0.835 | — | same | $1.2B | different index | Compare |
| RSSL Global X Russell 2000 ETF | 0.828 | — | same | $1.5B | different index | Compare |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.836 | — | +3bp | $18.2B | 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
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.