Tax-loss harvesting alternatives for NWL

Among the 23 Housewares & Specialties peers screened, MHK (Mohawk Industries) has tracked NWL most closely over the past year, with a return correlation of 0.39. The strongest fund stand-in is XRT (SPDR S&P Retail ETF) at 0.42 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

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STOCKS

Single-name peers

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
MHK	Mohawk Industries	Home Furnishings	0.39	0.48	0.48	0.45
MTH	Meritage Homes Corporation	Homebuilding	0.37	0.40	0.41	0.39
GRBK	Green Brick Partners, Inc.	Homebuilding	0.35	0.37	0.34	0.31
LEG	Leggett & Platt	Home Furnishings	0.34	0.39	0.42	0.46
IBP	Installed Building Products, Inc.	Homebuilding	0.34	0.39	0.41	0.38
SGI	Somnigroup International	Home Furnishings	0.33	0.38	0.40	0.36
PHM	PulteGroup Inc.	Homebuilding	0.32	0.39	0.41	0.39
TOL	Toll Brothers	Homebuilding	0.32	0.41	0.42	0.39
KBH	KB Home	Homebuilding	0.32	0.39	0.40	0.36
CCS	Century Communities, Inc.	Homebuilding	0.31	0.37	0.38	0.37
LGIH	LGI Homes	Homebuilding	0.31	0.37	0.39	0.35
SN	SharkNinja	Household Appliances	0.29	0.34	0.31	—
DHI	D.R. Horton	Homebuilding	0.29	0.33	0.35	0.35
MHO	M/I Homes, Inc.	Homebuilding	0.29	0.39	0.40	0.37
LEN	Lennar Corp.	Homebuilding	0.29	0.36	0.37	0.36
WHR	Whirlpool Corporation	Household Appliances	0.28	0.32	0.38	0.41
NVR	NVR Inc.	Homebuilding	0.27	0.32	0.34	0.34
DFH	Dream Finders Homes, Inc.	Homebuilding	0.27	0.32	0.31	—
SKY	Champion Homes, Inc.	Homebuilding	0.25	0.32	0.34	0.27
LZB	La-Z-Boy, Inc.	Home Furnishings	0.21	0.34	0.38	0.38
GRMN	Garmin	Consumer Electronics	0.21	0.25	0.30	0.34
CVCO	Cavco Industries, Inc.	Homebuilding	0.18	0.30	0.34	0.36
SONO	Sonos, Inc.	Consumer Electronics	0.14	0.30	0.28	0.26

ETFS

Fund stand-ins

An ETF is generally not 'substantially identical' to a single stock, which is why funds are the standard wash-sale-aware replacement.

Ticker	Name	Focus	Match	1Y	3Y	5Y	10Y
XRT	SPDR S&P Retail ETF	Retail	INDUSTRY	0.42	0.50	0.50	0.47
XHB	SPDR S&P Homebuilders ETF	Homebuilders	SUB-IND	0.37	0.44	0.47	0.49
ITB	iShares US Home Construction	Homebuilders	SUB-IND	0.36	0.43	0.44	0.45
FDIS	Fidelity MSCI Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.34	0.40	0.41	0.44
IYC	iShares US Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.33	0.39	0.40	0.45
VCR	Vanguard Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.33	0.40	0.41	0.45
XLY	Consumer Discretionary SPDR	Cons Discretionary Sector	SECTOR	0.31	0.37	0.38	0.43
RTH	VanEck Retail ETF	Retail	INDUSTRY	0.31	0.37	0.38	0.42
PEJ	Invesco Leisure & Entertainment	Leisure & Entertainment	INDUSTRY	0.26	0.36	0.38	0.41
BETZ	Roundhill Sports Betting iGaming	Sports Betting	SUB-IND	0.20	0.28	0.30	0.31
DRIV	Global X Autonomous & EV ETF	Autonomous & EV	INDUSTRY	0.20	0.35	0.38	0.42
CARZ	First Trust S-Network EV & FV	Autos & EVs	INDUSTRY	0.20	0.30	0.34	0.39

NEXT STEPS

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Replacement research for NWL's peers

MHK MTH GRBK LEG IBP SGI PHM TOL KBH CCS LGIH SN DHI MHO LEN WHR NVR DFH SKY LZB GRMN CVCO SONO

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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.