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 IWM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VTWG Vanguard Russell 2000 Growth ETF | 0.972 | 26% | -4bp | $1B | different index | Compare |
| VTWV Vanguard Russell 2000 Value ETF | 0.952 | 19% | -4bp | $813M | different index | Compare |
| SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.932 | 22% | -16bp | $15.9B | different index | Compare |
| VBK Vanguard Small Cap Growth Index Fund | 0.940 | 11% | -12bp | $17.7B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.959 | 0% | -14bp | $58.9B | different index | Compare |
| SCHA Schwab U.S. Small-Cap ETF | 0.954 | — | -15bp | $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
Cached coverage for 2,131 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-05 (1,102 funds with dated records). Fund details retrieved: 2026-09-02 to 2026-10-07. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.