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 ICOW | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| FNDF Schwab Fundamental International Equity ETF | 0.876 | — | -40bp | $14B | different index | Compare |
| VYMI Vanguard International High Dividend Yield Fund | 0.840 | — | -43bp | $7.9B | different index | Compare |
| IPKW Invesco International BuyBack Achievers ETF | 0.820 | — | -10bp | $544M | different index | Compare |
| FENI Fidelity Enhanced International ETF | 0.817 | — | -37bp | $1.7B | different index | Compare |
| IEFA iShares Core MSCI EAFE ETF | 0.814 | — | -58bp | $190.8B | different index | Compare |
| IDV iShares International Select Dividend ETF | 0.813 | — | -14bp | $8.1B | 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 2,091 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-05 (1,063 funds with dated records). Fund details retrieved: 2026-09-25 to 2026-10-07. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.