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 BINC | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| HYGV Northern Trust High Yield Value-Scored Bond ETF | 0.853 | — | same | $1.5B | different index | Compare |
| SPHY State Street SPDR Portfolio High Yield Bond ETF | 0.824 | — | +5bp | $11.9B | different index | Compare |
| USHY iShares Broad USD High Yield Corporate Bond ETF | 0.852 | — | +8bp | $27.2B | different index | Compare |
| SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 0.850 | — | +30bp | $7.7B | different index | Compare |
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | 0.829 | — | +49bp | $16.8B | 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 2,133 funds. Latest price/flow record dates: 2024-08-23 to 2026-09-30 (1,104 funds with dated records). Fund details retrieved: 2026-09-02 to 2026-10-02. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.