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 FALN | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| SPHY State Street SPDR Portfolio High Yield Bond ETF | 0.935 | — | -20bp | $11.9B | different index | Compare |
| VCEB Vanguard ESG U.S. Corporate Bond ETF | 0.807 | — | -13bp | $634M | different index | Compare |
| SPBO State Street SPDR Portfolio Corporate Bond ETF | 0.805 | — | -22bp | $2.2B | different index | Compare |
| RATE Global X Interest Rate Hedge ETF | — | — | +25bp | $1829.82T | 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.