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 MXI — iShares Global Materials ETF
| Substitute | Correlation | Book overlap | Fee vs MXI | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| PICK iShares MSCI Global Metals & Mining Producers ETF | 0.918 | 33% | -2bp | $2.3B | different index | Compare |
| RING iShares MSCI Global Gold Miners ETF | 0.824 | 13% | -2bp | $2.4B | different index | Compare |
| SLVP iShares MSCI Global Silver and Metals Miners ETF | 0.819 | 10% | -2bp | $978M | different index | Compare |
| VSS Vanguard FTSE All-World ex-US Small Capital Index Fund | 0.839 | 0% | -34bp | $8.8B | different index | Compare |
| VYMI Vanguard International High Dividend Yield Fund | 0.814 | 3% | -19bp | $7.9B | different index | Compare |
| VEU Vanguard FTSE All-World ex-US Index Fund | 0.811 | 2% | -33bp | $40.1B | 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