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 SPYD | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| DVY iShares Select Dividend ETF | 0.894 | 45% | +31bp | $22.6B | different index | Compare |
| TMDV ProShares Russell US Dividend Growers ETF | 0.834 | — | +28bp | $7454.43T | different index | Compare |
| DHS WisdomTree U.S. High Dividend Fund | 0.876 | — | +31bp | $1.2B | different index | Compare |
| PEY Invesco High Yield Equity Dividend Achievers ETF | 0.856 | 30% | +45bp | $1.1B | 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 2026-10-05. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.