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 MXI | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VSS Vanguard FTSE All-World ex-US Small Capital Index Fund | 0.836 | 0% | -34bp | $8.8B | different index | Compare |
| SCHC Schwab International Small-Cap Equity ETF | 0.831 | — | -30bp | $4.3B | different index | Compare |
| VXUS Vanguard Total International Stock ETF | 0.815 | 1% | -34bp | $76.3B | different index | Compare |
| VEU Vanguard FTSE All-World ex-US Index Fund | 0.812 | 2% | -33bp | $40.1B | different index | Compare |
| VYMI Vanguard International High Dividend Yield Fund | 0.805 | 2% | -19bp | $7.9B | different index | Compare |
| FENI Fidelity Enhanced International ETF | 0.807 | — | -13bp | $1.7B | 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 2026-10-04. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.