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Educational only — not tax, legal, or investment advice. Whether two funds are “substantially identical” depends on facts and circumstances; the IRS has not published a bright-line test for ETFs. Consult a qualified tax professional before you trade.

Swap finder › International developed

IEFA tax-loss harvesting alternatives

iShares Core MSCI EAFE ETF (BlackRock) tracks MSCI EAFE IMI. If you hold IEFA at a loss, these ETFs track a different index, which generally makes them less likely to be considered “substantially identical” — while still moving closely with IEFA during the 31-day wait.

Held fundIndex trackedIssuerExpense ratioAUMHoldingsCategory
IEFA
iShares Core MSCI EAFE ETF
MSCI EAFE IMIBlackRock0.07%$189.89B2651International developed

Sources: issuer fund page · public fund profile. Fund data as of 2026-10-16.

IEFA wash sale alternatives (different index)

ETFIndex trackedIssuerExpense ratioAUM1-yr correlationHoldings overlapNotes
EFA
iShares MSCI EAFE ETF
MSCI EAFE IndexBlackRock0.32%$76.71B0.998n/adifferent index
IDEV
iShares Core MSCI International Developed Markets ETF
MSCI World ex USA IMIBlackRock0.04%$33.35B0.995n/adifferent index
VEA
Vanguard FTSE Developed Markets ETF
FTSE Developed ex US All Cap Net Tax (US RIC) IndexVanguard0.03%$229.44B0.976n/adifferent index
SPDW
State Street SPDR Portfolio Developed World ex-US ETF
S&P Developed x United States BMIState Street0.03%$41.08B0.976n/adifferent index
SCHF
Schwab International Equity ETF
FTSE All-World Developed x USCharles Schwab0.03%$67.12B0.974n/adifferent index
VGK
Vanguard FTSE Europe ETF
FTSE Developed Europe All CapVanguard0.06%$29.30B0.972n/adifferent index
VEU
Vanguard FTSE All-World ex-US Index Fund
FTSE All-World x USVanguard0.04%$67.73B0.962n/adifferent index
VXUS
Vanguard Total International Stock ETF
FTSE Global All Cap x USVanguard0.05%$162.99B0.961n/adifferent index

Sorted by 1-year correlation of daily total returns with IEFA (through 2026-10-16). Holdings overlap = sum of the smaller weight of each common stock, from issuer holdings files; “n/a” where the issuer does not offer a free download or for bond/international/commodity funds. Hover a value for its as-of dates.

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30-day wash-sale calendar for IEFA

The window is 30 calendar days before and after the sale (61 days total, IRC §1091(a)). Buying the replacement fund right away is the point of a swap; the dates above are about buying back the fund you sold, or anything substantially identical to it.

Before you swap