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 PRN | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| PDP Invesco Dorsey Wright Momentum ETF | 0.954 | 16% | +2bp | $1.5B | different index | Compare |
| VFMO Vanguard U.S. Momentum Factor ETF | 0.918 | 3% | -47bp | $646M | different index | Compare |
| FTC First Trust Large Cap Growth AlphaDEX Fund | 0.905 | — | -60bp | $1.1B | different index | Compare |
| MDYG SPDR S&P 400 Mid Cap Growth ETF | 0.836 | 7% | -45bp | $2.8B | different index | Compare |
| IVOG Vanguard S&P Mid-Cap 400 Growth Index Fund | 0.828 | 7% | -45bp | $1.1B | different index | Compare |
| XSMO Invesco S&P SmallCap Momentum ETF | 0.833 | 5% | -21bp | $2.9B | 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.