Tax-loss harvesting alternatives for IYZ

The closest fund alternative to IYZ (Telecom) is VTI (Vanguard Total Stock Market), with a return correlation of 0.57 over the past year. Among single names in the fund's slice of the market, IRDM (Iridium Communications) tracks it most closely at 0.45 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

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
VTI	Vanguard Total Stock Market	Total US Market	BROAD	0.57	0.68	0.76	0.79
IVV	iShares Core S&P 500	S&P 500	BROAD	0.56	0.67	0.75	0.78
SPY	SPDR S&P 500 ETF	S&P 500	BROAD	0.56	0.66	0.74	0.78
VOO	Vanguard S&P 500 ETF	S&P 500	BROAD	0.56	0.66	0.75	0.78
QQQM	Invesco Nasdaq 100 ETF	Nasdaq 100	BROAD	0.54	0.61	0.69	—
QQQ	Invesco QQQ Trust	Nasdaq 100	BROAD	0.54	0.61	0.69	0.70
FCOM	Fidelity MSCI Communication Services	Comm Services Sector	SECTOR	0.35	0.55	0.68	0.75
VOX	Vanguard Communication Services	Comm Services Sector	SECTOR	0.34	0.54	0.68	0.76
SOCL	Global X Social Media ETF	Social Media	SUB-IND	0.33	0.44	0.52	0.53
XLC	Communication Services SPDR	Comm Services Sector	SECTOR	0.30	0.54	0.67	0.72
HERO	Global X Video Games & Esports	Gaming & Esports	SUB-IND	0.28	0.45	0.54	0.54
ESPO	VanEck Video Gaming & eSports	Gaming & Esports	SUB-IND	0.26	0.46	0.55	0.56

STOCKS

Single-name peers

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

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
IRDM	Iridium Communications	Alternative Carriers	0.45	0.45	0.43	0.50
LUMN	Lumen Technologies	Alternative Carriers	0.31	0.31	0.35	0.41
UNIT	Uniti Group	Alternative Carriers	0.27	0.37	0.45	0.43
SHEN	Shenandoah Telecommunications Co	Wireless Telecommunication Services	0.25	0.30	0.37	0.45
TDS	Telephone and Data Systems, Inc.	Integrated Telecommunication Services	0.22	0.33	0.24	0.37
T	AT&T Inc.	Integrated Telecommunication Services	0.19	0.30	0.42	0.57
CCOI	Cogent Communications Holdings, Inc.	Alternative Carriers	0.18	0.24	0.28	0.36
VZ	Verizon Communications	Integrated Telecommunication Services	0.16	0.30	0.40	0.51
ECHO	EchoStar	Wireless Telecommunication Services	0.16	0.25	0.27	0.33
TMUS	T-Mobile US	Wireless Telecommunication Services	0.05	0.22	0.35	0.48

NEXT STEPS

Harvesting a loss in IYZ?

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

Replacement research for IYZ's peers

IRDM LUMN UNIT SHEN TDS T CCOI VZ ECHO TMUS

Browse all tickers →

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.