Tax-loss harvesting alternatives for QQQ

The closest fund alternative to QQQ (Nasdaq 100) is QQQM (Invesco Nasdaq 100 ETF), with a return correlation of 1.00 over the past year. Among single names in the fund's slice of the market, ALGM (Allegro MicroSystems) tracks it most closely at 0.65 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
QQQM	Invesco Nasdaq 100 ETF	Nasdaq 100	BROAD	1.00	1.00	1.00	—
IWF	iShares Russell 1000 Growth	Large Growth	BROAD	0.94	0.97	0.98	0.98
VOO	Vanguard S&P 500 ETF	S&P 500	BROAD	0.93	0.95	0.95	0.93
SPY	SPDR S&P 500 ETF	S&P 500	BROAD	0.93	0.95	0.95	0.93
IVV	iShares Core S&P 500	S&P 500	BROAD	0.92	0.95	0.95	0.93
VTI	Vanguard Total Stock Market	Total US Market	BROAD	0.92	0.94	0.95	0.93
IWM	iShares Russell 2000	Small-Cap	BROAD	0.73	0.72	0.78	0.76
MDY	SPDR S&P MidCap 400	Mid-Cap	BROAD	0.70	0.74	0.78	0.77
DIA	SPDR Dow Jones Industrial Average	Dow 30	BROAD	0.64	0.74	0.78	0.80
IWD	iShares Russell 1000 Value	Large Value	BROAD	0.62	0.68	0.75	0.75
RSP	Invesco S&P 500 Equal Weight	S&P 500 Equal Weight	BROAD	0.58	0.71	0.79	0.78

STOCKS

Single-name peers

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

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
ALGM	Allegro MicroSystems	Semiconductors	0.65	0.63	0.64	—
ADI	Analog Devices	Semiconductors	0.64	0.70	0.73	0.73
AEIS	Advanced Energy	Semiconductor Materials & Equipment	0.64	0.68	0.67	0.66
ACMR	ACM Research, Inc.	Semiconductor Materials & Equipment	0.63	0.49	0.50	0.45
ACLS	Axcelis Technologies, Inc.	Semiconductor Materials & Equipment	0.60	0.62	0.66	0.63
ADEA	Adeia, Inc.	IT Consulting & Other Services	0.51	0.47	0.43	0.40
AKAM	Akamai Technologies	Internet Services & Infrastructure	0.29	0.36	0.41	0.45
AAPL	Apple Inc.	Technology Hardware, Storage & Peripherals	0.26	0.56	0.71	0.78
ADSK	Autodesk	Application Software	0.03	0.41	0.60	0.66
ACIW	ACI Worldwide	Application Software	0.03	0.34	0.43	0.49
AGYS	Agilysys, Inc.	Application Software	0.03	0.25	0.29	0.33
ADBE	Adobe Inc.	Application Software	-0.01	0.33	0.56	0.68
ACN	Accenture plc	IT Consulting & Other Services	-0.10	0.19	0.44	0.56

NEXT STEPS

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Replacement research for QQQ's peers

ALGM ADI AEIS ACMR ACLS ADEA AKAM AAPL ADSK ACIW AGYS ADBE ACN

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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.