Tax-loss harvesting alternatives for CARZ

The closest fund alternative to CARZ (Autos & EVs) is DRIV (Global X Autonomous & EV ETF), with a return correlation of 0.95 over the past year. Among single names in the fund's slice of the market, TSLA (Tesla Inc.) tracks it most closely at 0.58 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

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ETFS

Fund stand-ins

Funds covering similar ground. Two funds tracking the same index may themselves be 'substantially identical' for wash-sale purposes.

Ticker	Name	Focus	Match	1Y	3Y	5Y	10Y
DRIV	Global X Autonomous & EV ETF	Autonomous & EV	INDUSTRY	0.95	0.91	0.92	0.89
VCR	Vanguard Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.55	0.69	0.75	0.76
FDIS	Fidelity MSCI Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.55	0.69	0.75	0.76
XLY	Consumer Discretionary SPDR	Cons Discretionary Sector	SECTOR	0.53	0.68	0.75	0.75
ONLN	ProShares Online Retail ETF	Online Retail	INDUSTRY	0.44	0.61	0.68	0.65
IBUY	Amplify Online Retail ETF	Online Retail	INDUSTRY	0.42	0.62	0.68	0.66
XHB	SPDR S&P Homebuilders ETF	Homebuilders	SUB-IND	0.41	0.49	0.58	0.63
XRT	SPDR S&P Retail ETF	Retail	INDUSTRY	0.36	0.51	0.60	0.60
PEJ	Invesco Leisure & Entertainment	Leisure & Entertainment	INDUSTRY	0.33	0.57	0.66	0.68
ITB	iShares US Home Construction	Homebuilders	SUB-IND	0.29	0.39	0.50	0.55
BETZ	Roundhill Sports Betting iGaming	Sports Betting	SUB-IND	0.29	0.52	0.64	0.62
RTH	VanEck Retail ETF	Retail	INDUSTRY	0.16	0.43	0.57	0.60

STOCKS

Single-name peers

Single names inside the fund's slice of the market.

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
TSLA	Tesla Inc.	Automobile Manufacturers	0.58	0.58	0.61	0.57
HMC	Honda Motor Co.	Automobile Manufacturers	0.39	0.44	0.52	0.61
F	Ford Motor Co.	Automobile Manufacturers	0.37	0.42	0.54	0.60
RIVN	Rivian Automotive	Automobile Manufacturers	0.37	0.39	0.47	—
TM	Toyota Motor	Automobile Manufacturers	0.33	0.44	0.51	0.57
GM	General Motors	Automobile Manufacturers	0.31	0.38	0.53	0.60
STLA	Stellantis N.V.	Automobile Manufacturers	0.30	0.44	0.53	0.58
LCID	Lucid Group	Automobile Manufacturers	0.29	0.35	0.41	—
WGO	Winnebago Industries, Inc.	Automobile Manufacturers	0.13	0.31	0.38	0.41

NEXT STEPS

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Replacement research for CARZ's peers

TSLA HMC F RIVN TM GM STLA LCID WGO

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Method: Pearson correlation of daily closing-price returns, Yahoo Finance data, series aligned by trading day, refreshed weekly. A cell is blank when overlapping history covers less than 60% of its window. Correlation is descriptive, not predictive. Wash-sale treatment depends on facts and circumstances — confirm with a tax professional. Not investment advice.