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 QVAL | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VBR Vanguard Small Cap Value Index Fund | 0.857 | — | +7bp | $30.1B | different index | Compare |
| VOE Vanguard Mid-Cap Value Index Fund | 0.834 | — | +7bp | $17.5B | different index | Compare |
| VOOV Vanguard S&P 500 Value ETF | 0.803 | — | +10bp | $5.2B | different index | Compare |
| VFVA Vanguard U.S. Value Factor ETF | 0.852 | — | +13bp | $764M | different index | Compare |
| VLU State Street SPDR S&P 1500 Value Tilt ETF | 0.810 | — | +12bp | $761M | different index | Compare |
| MDYV State Street SPDR S&P 400 Mid Cap Value ETF | 0.834 | — | +15bp | $2.7B | 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 2,093 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-22 (1,065 funds with dated records). Fund details retrieved: 2026-09-25 to 2026-10-23. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.