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 DFAR | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| DFGR Dimensional Global Real Estate ETF | 0.967 | — | same | $2B | different index | Compare |
| SCHH Schwab U.S. REIT ETF | 0.977 | — | +7bp | $7.3B | different index | Compare |
| USRT iShares Core U.S. REIT ETF | 0.979 | — | +8bp | $3.7B | different index | Compare |
| FREL Fidelity MSCI Real Estate Index ETF | 0.965 | — | +8bp | $1B | different index | Compare |
| XLRE State Street Real Estate Select Sector SPDR ETF | 0.962 | — | +9bp | $7.7B | different index | Compare |
| BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF | 0.972 | — | +11bp | $1.2B | 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.