Tax-loss harvesting alternatives for SITM

Among the 30 Semiconductors peers screened, MTSI (MACOM Technology Solutions) has tracked SITM most closely over the past year, with a return correlation of 0.77. The strongest fund stand-in is PSI (Invesco Semiconductors ETF) at 0.67 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
MTSI	MACOM Technology Solutions	Semiconductors	0.77	0.71	0.70	0.61
SMTC	Semtech	Semiconductors	0.65	0.56	0.55	0.51
DIOD	Diodes Incorporated	Semiconductors	0.62	0.59	0.62	0.57
LSCC	Lattice Semiconductor	Semiconductors	0.57	0.56	0.62	0.56
MCHP	Microchip Technology	Semiconductors	0.52	0.53	0.59	0.55
GFS	GlobalFoundries	Semiconductors	0.52	0.51	0.52	—
ALGM	Allegro MicroSystems	Semiconductors	0.52	0.52	0.55	—
MPWR	Monolithic Power Systems	Semiconductors	0.52	0.55	0.61	0.56
ADI	Analog Devices	Semiconductors	0.51	0.54	0.59	0.55
AMKR	Amkor Technology	Semiconductors	0.50	0.54	0.58	0.53
SYNA	Synaptics	Semiconductors	0.50	0.55	0.63	0.56
RMBS	Rambus	Semiconductors	0.49	0.54	0.53	0.50
ON	ON Semiconductor	Semiconductors	0.49	0.50	0.57	0.52
TXN	Texas Instruments	Semiconductors	0.46	0.48	0.52	0.50
MXL	MaxLinear, Inc.	Semiconductors	0.46	0.46	0.50	0.48
PENG	Penguin Solutions, Inc.	Semiconductors	0.44	0.45	0.47	0.45
INTC	Intel Corp.	Semiconductors	0.44	0.41	0.42	0.40
MRVL	Marvell Technology	Semiconductors	0.43	0.47	0.55	0.50
POWI	Power Integrations	Semiconductors	0.42	0.48	0.55	0.52
MU	Micron Technology	Semiconductors	0.42	0.49	0.50	0.47
AMD	Advanced Micro Devices	Semiconductors	0.41	0.43	0.50	0.45
NXPI	NXP Semiconductors	Semiconductors	0.41	0.51	0.58	0.53
AVGO	Broadcom Inc.	Semiconductors	0.38	0.45	0.49	0.48
CRUS	Cirrus Logic	Semiconductors	0.38	0.45	0.51	0.46
QCOM	Qualcomm Inc.	Semiconductors	0.35	0.45	0.52	0.48
NVDA	NVIDIA Corp.	Semiconductors	0.33	0.42	0.52	0.49
AOSL	Alpha and Omega Semiconductor, Ltd.	Semiconductors	0.32	0.44	0.51	0.45
SWKS	Skyworks Solutions	Semiconductors	0.32	0.46	0.53	0.50
OLED	Universal Display	Semiconductors	0.26	0.43	0.51	0.47
SLAB	Silicon Labs	Semiconductors	0.09	0.39	0.49	0.47

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
PSI	Invesco Semiconductors ETF	Semiconductors	INDUSTRY	0.67	0.69	0.72	0.65
XSD	SPDR S&P Semiconductor ETF	Semiconductors (Equal Wt)	INDUSTRY	0.67	0.71	0.74	0.68
SOXX	iShares Semiconductor ETF	Semiconductors	INDUSTRY	0.59	0.63	0.68	0.62
SMH	VanEck Semiconductor ETF	Semiconductors	INDUSTRY	0.58	0.62	0.67	0.61
FTEC	Fidelity MSCI Info Tech ETF	Tech Sector	SECTOR	0.52	0.60	0.64	0.58
XLK	Technology Select Sector SPDR	Tech Sector	SECTOR	0.51	0.59	0.63	0.57
VGT	Vanguard Info Tech ETF	Tech Sector	SECTOR	0.51	0.60	0.64	0.58
QQQM	Invesco Nasdaq 100 ETF	Nasdaq 100	BROAD	0.49	0.58	0.62	—
QQQ	Invesco QQQ Trust	Nasdaq 100	BROAD	0.49	0.58	0.62	0.57
HACK	ETFMG Prime Cyber Security	Cybersecurity	SUB-IND	0.12	0.36	0.47	0.47
BUG	Global X Cybersecurity ETF	Cybersecurity	SUB-IND	0.07	0.30	0.42	0.43
IGV	iShares Expanded Tech-Software	Software	INDUSTRY	0.03	0.33	0.47	0.48

NEXT STEPS

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Replacement research for SITM's peers

MTSI SMTC DIOD LSCC MCHP GFS ALGM MPWR ADI AMKR SYNA RMBS ON TXN MXL PENG INTC MRVL POWI MU AMD NXPI AVGO CRUS QCOM NVDA AOSL SWKS OLED SLAB

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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.