Tax-loss harvesting alternatives for SLVM

The strongest fund stand-in is XLB (Materials Select Sector SPDR) at 0.50 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

Run this search live in the Screener →

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
XLB	Materials Select Sector SPDR	Materials Sector	SECTOR	0.50	0.48	0.45	—
FMAT	Fidelity MSCI Materials ETF	Materials Sector	SECTOR	0.47	0.49	0.46	—
VAW	Vanguard Materials ETF	Materials Sector	SECTOR	0.47	0.49	0.46	—
IYM	iShares US Basic Materials ETF	Materials Sector	SECTOR	0.36	0.43	0.42	—
PAVE	Global X US Infrastructure	Infrastructure	SECTOR	0.32	0.45	0.43	—
SLX	VanEck Steel ETF	Steel	SUB-IND	0.32	0.43	0.40	—
SPY	SPDR S&P 500 ETF	S&P 500	BROAD	0.25	0.38	0.37	—
VOO	Vanguard S&P 500 ETF	S&P 500	BROAD	0.24	0.38	0.37	—
XME	SPDR S&P Metals & Mining ETF	Metals & Mining	INDUSTRY	0.21	0.34	0.36	—
COPX	Global X Copper Miners ETF	Copper Miners	SUB-IND	0.19	0.24	0.29	—
RING	iShares MSCI Global Gold Miners	Gold Miners	SUB-IND	0.16	0.15	0.17	—
GDX	VanEck Gold Miners ETF	Gold Miners	SUB-IND	0.16	0.15	0.17	—

NEXT STEPS

Harvesting a loss in SLVM?

Estimate what the harvest could save →Check the eight wash-sale traps →Document the trade with a Tax Memo →

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.