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 UPV | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VGK Vanguard European Stock Index Fund | 0.991 | — | -84bp | $20.6B | different index | Compare |
| IEUR iShares Core MSCI Europe ETF | 0.984 | — | -84bp | $9.2B | different index | Compare |
| EFA iShares MSCI EAFE ETF | 0.961 | — | -60bp | $77.3B | different index | Compare |
| FENI Fidelity Enhanced International ETF | 0.957 | — | -67bp | $1.7B | different index | Compare |
| IEFA iShares Core MSCI EAFE ETF | 0.957 | — | -88bp | $191B | different index | Compare |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.953 | — | -91bp | $32.4B | 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.