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 XLI | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VIS Vanguard Industrials Index Fund | 0.989 | 77% | +1bp | $5.5B | different index | Compare |
| MGV Vanguard Morningstar Mega Cap Value ETF | 0.804 | 14% | -2bp | $8.2B | different index | Compare |
| SCHV Schwab U.S. Large-Cap Value ETF | 0.845 | — | -5bp | $11.7B | different index | Compare |
| SCHM Schwab U.S. Mid Cap ETF | 0.828 | — | -5bp | $11.5B | different index | Compare |
| IVOG Vanguard S&P Mid-Cap 400 Growth Index Fund | 0.835 | — | +6bp | $1.1B | different index | Compare |
| FDHT Fidelity Digital Health ETF | — | — | +30bp | $8829.23T | 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.