Tax-loss harvesting alternatives for IYT

The closest fund alternative to IYT (Transportation) is XTN (SPDR S&P Transportation ETF), with a return correlation of 0.88 over the past year. Among single names in the fund's slice of the market, ARCB (ArcBest Corp.) tracks it most closely at 0.69 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
XTN	SPDR S&P Transportation ETF	Transportation	INDUSTRY	0.88	0.92	0.93	0.94
IYJ	iShares US Industrials ETF	Industrials Sector	SECTOR	0.74	0.81	0.84	0.88
VIS	Vanguard Industrials ETF	Industrials Sector	SECTOR	0.71	0.81	0.85	0.89
XLI	Industrial Select Sector SPDR	Industrials Sector	SECTOR	0.71	0.81	0.84	0.89
JETS	US Global Jets ETF	Airlines	SUB-IND	0.71	0.76	0.77	0.77
FIDU	Fidelity MSCI Industrials ETF	Industrials Sector	SECTOR	0.69	0.80	0.84	0.89
PAVE	Global X US Infrastructure	Infrastructure	SECTOR	0.69	0.77	0.81	0.86
SPY	SPDR S&P 500 ETF	S&P 500	BROAD	0.59	0.72	0.77	0.81
XAR	SPDR S&P Aerospace & Defense	Aerospace & Defense (Equal Wt)	INDUSTRY	0.48	0.55	0.62	0.72
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense	INDUSTRY	0.47	0.57	0.62	0.74
ITA	iShares Aerospace & Defense ETF	Aerospace & Defense	INDUSTRY	0.46	0.52	0.58	0.71
BOTZ	Global X Robotics & AI	Robotics & AI	SECTOR	0.45	0.59	0.67	0.70

STOCKS

Single-name peers

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

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
ARCB	ArcBest Corp.	Cargo Ground Transportation	0.69	0.71	0.70	0.63
FDX	FedEx Corp.	Air Freight & Logistics	0.68	0.66	0.68	0.72
HTLD	Heartland Express, Inc.	Cargo Ground Transportation	0.67	0.61	0.60	0.61
DAL	Delta Air Lines	Passenger Airlines	0.65	0.70	0.71	0.70
GXO	GXO Logistics	Air Freight & Logistics	0.64	0.63	0.65	—
ALK	Alaska Air Group	Passenger Airlines	0.62	0.62	0.65	0.67
CSX	CSX Corp.	Railroads	0.62	0.68	0.71	0.74
AAL	American Airlines	Passenger Airlines	0.57	0.62	0.65	0.63
CP	Canadian Pacific Kansas City	Railroads	0.57	0.60	0.63	0.68
ALGT	Allegiant Travel	Passenger Airlines	0.56	0.61	0.62	0.63
CHRW	C.H. Robinson	Air Freight & Logistics	0.48	0.43	0.47	0.51
EXPD	Expeditors Intl	Air Freight & Logistics	0.41	0.52	0.59	0.65
CAR	Avis Budget Group	Passenger Ground Transportation	0.17	0.36	0.37	0.48
FDXF	FedEx Freight	Cargo Ground Transportation	—	—	—	—

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Replacement research for IYT's peers

ARCB FDX HTLD DAL GXO ALK CSX AAL CP ALGT CHRW EXPD CAR FDXF

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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.