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 PFM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| DGRO iShares Core Dividend Growth ETF | 0.948 | 66% | -45bp | $44.7B | different index | Compare |
| VYM Vanguard High Dividend Yield Index Fund | 0.926 | 61% | -47bp | $58.1B | different index | Compare |
| DLN WisdomTree U.S. LargeCap Dividend Fund | 0.941 | — | -25bp | $4.2B | different index | Compare |
| DGRW WisdomTree U.S. Quality Dividend Growth Fund | 0.854 | — | -25bp | $14.3B | different index | Compare |
| FDVV Fidelity High Dividend ETF | 0.845 | — | -38bp | $3.4B | different index | Compare |
| JEPI JPMorgan Equity Premium Income ETF | 0.837 | — | -18bp | $45.8B | 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 2026-10-26 (1,065 funds with dated records). Fund details retrieved: 2026-09-25 to 2026-10-28. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.