Tax-loss harvesting alternatives for ITB

The closest fund alternative to ITB (Homebuilders) is XHB (SPDR S&P Homebuilders ETF), with a return correlation of 0.97 over the past year. Among single names in the fund's slice of the market, PHM (PulteGroup Inc.) tracks it most closely at 0.94 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
XHB	SPDR S&P Homebuilders ETF	Homebuilders	SUB-IND	0.97	0.97	0.97	0.97
XRT	SPDR S&P Retail ETF	Retail	INDUSTRY	0.69	0.69	0.72	0.68
IYC	iShares US Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.64	0.61	0.69	0.71
PEJ	Invesco Leisure & Entertainment	Leisure & Entertainment	INDUSTRY	0.61	0.57	0.62	0.66
FDIS	Fidelity MSCI Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.60	0.61	0.69	0.71
VCR	Vanguard Consumer Discretionary	Cons Discretionary Sector	SECTOR	0.60	0.61	0.68	0.71
RTH	VanEck Retail ETF	Retail	INDUSTRY	0.56	0.56	0.66	0.65
XLY	Consumer Discretionary SPDR	Cons Discretionary Sector	SECTOR	0.56	0.57	0.65	0.69
IBUY	Amplify Online Retail ETF	Online Retail	INDUSTRY	0.51	0.58	0.62	0.60
DRIV	Global X Autonomous & EV ETF	Autonomous & EV	INDUSTRY	0.33	0.48	0.58	0.61
BETZ	Roundhill Sports Betting iGaming	Sports Betting	SUB-IND	0.33	0.44	0.54	0.52
CARZ	First Trust S-Network EV & FV	Autos & EVs	INDUSTRY	0.29	0.39	0.50	0.55

STOCKS

Single-name peers

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

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
PHM	PulteGroup Inc.	Homebuilding	0.94	0.95	0.95	0.93
DHI	D.R. Horton	Homebuilding	0.93	0.92	0.93	0.92
MTH	Meritage Homes Corporation	Homebuilding	0.91	0.90	0.90	0.90
LEN	Lennar Corp.	Homebuilding	0.90	0.92	0.93	0.92
GRBK	Green Brick Partners, Inc.	Homebuilding	0.89	0.87	0.81	0.72
KBH	KB Home	Homebuilding	0.88	0.91	0.90	0.88
MHO	M/I Homes, Inc.	Homebuilding	0.85	0.87	0.89	0.86
CCS	Century Communities, Inc.	Homebuilding	0.83	0.87	0.88	0.85
NVR	NVR Inc.	Homebuilding	0.81	0.86	0.88	0.83
LGIH	LGI Homes	Homebuilding	0.80	0.82	0.84	0.81
DFH	Dream Finders Homes, Inc.	Homebuilding	0.78	0.79	0.71	—
IBP	Installed Building Products, Inc.	Homebuilding	0.74	0.78	0.80	0.80
SKY	Champion Homes, Inc.	Homebuilding	0.70	0.69	0.73	0.60
CVCO	Cavco Industries, Inc.	Homebuilding	0.65	0.71	0.74	0.71

NEXT STEPS

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Replacement research for ITB's peers

PHM DHI MTH LEN GRBK KBH MHO CCS NVR LGIH DFH IBP SKY CVCO

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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.