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 VTI | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| IVV iShares Core S&P 500 ETF | 0.993 | 77% | same | $885.1B | different index | Compare |
| VV Vanguard Morningstar Large-Cap ETF | 0.995 | 78% | +1bp | $37.4B | different index | Compare |
| VONE Vanguard Russell 1000 ETF | 0.996 | 76% | +5bp | $5.1B | different index | Compare |
| SPY SPDR S&P 500 ETF Trust | 0.995 | 78% | +6bp | $814.8B | different index | Compare |
| VTHR Vanguard Russell 3000 ETF | 0.996 | 79% | +7bp | $2.6B | different index | Compare |
| SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.938 | 58% | +1bp | $57.9B | 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
| Substitute | Correlation | Book overlap | Fee vs VEA | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SCHF Schwab International Equity ETF | 0.981 | — | same | $41.6B | different index | Compare |
| SCHB Schwab U.S. Broad Market ETF | 0.807 | — | -3bp | $30.7B | different index | Compare |
| SCHE Schwab Emerging Markets Equity ETF | 0.851 | — | +5bp | $9.1B | different index | Compare |
| SPY SPDR S&P 500 ETF Trust | 0.805 | 0% | +3bp | $814.8B | different index | Compare |
| FNDF Schwab Fundamental International Equity ETF | 0.950 | — | +19bp | $14B | different index | Compare |
| ACWX iShares MSCI ACWI ex U.S. ETF | 0.977 | 21% | +28bp | $17.9B | 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
| Substitute | Correlation | Book overlap | Fee vs VWO | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SPEM SPDR Portfolio Emerging Markets ETF | 0.986 | — | -1bp | $17.8B | different index | Compare |
| VXUS Vanguard Total International Stock ETF | 0.930 | — | -1bp | $76.3B | different index | Compare |
| VEU Vanguard FTSE All-World ex-US Index Fund | 0.927 | — | same | $40.1B | different index | Compare |
| SCHE Schwab Emerging Markets Equity ETF | 0.980 | — | +3bp | $9.1B | different index | Compare |
| VT Vanguard Total World Stock Index Fund | 0.902 | — | -1bp | $39.4B | different index | Compare |
| VSS Vanguard FTSE All-World ex-US Small Capital Index Fund | 0.894 | — | -1bp | $8.8B | 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
| Substitute | Correlation | Book overlap | Fee vs BND | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SPAB State Street SPDR Portfolio Aggregate Bond ETF | 0.989 | — | same | $9.9B | different index | Compare |
| AGG iShares Core U.S. Aggregate Bond ETF | 0.989 | — | same | $127.8B | different index | Compare |
| SCHZ Schwab US Aggregate Bond ETF | 0.981 | — | same | $8.2B | different index | Compare |
| BIV Vanguard Intermediate-Term Bond ETF | 0.989 | — | +1bp | $19B | different index | Compare |
| SPBO State Street SPDR Portfolio Corporate Bond ETF | 0.958 | — | same | $2.1B | different index | Compare |
| SCHR Schwab Intermediate-Term U.S. Treasury ETF | 0.950 | — | same | $9.8B | 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 2,093 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-28 (1,065 funds with dated records). Fund details retrieved: 2026-09-25 to 2026-10-29. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.