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 REET — iShares Global REIT ETF
| Substitute | Correlation | Book overlap | Fee vs REET | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VNQ Vanguard Real Estate Index Fund | 0.930 | 66% | -2bp | $36.5B | different index | Compare |
| IYR iShares U.S. Real Estate ETF | 0.940 | 60% | +26bp | $4.6B | different index | Compare |
| REZ iShares Residential and Multisector Real Estate ETF | 0.848 | — | +34bp | $840M | 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