Tax-loss harvesting alternatives for SAIA

Among the 19 Trucking peers screened, ODFL (Old Dominion Freight) has tracked SAIA most closely over the past year, with a return correlation of 0.83. The strongest fund stand-in is XTN (SPDR S&P Transportation ETF) at 0.74 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

Run this search live in the Screener →

STOCKS

Single-name peers

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
ODFL	Old Dominion Freight	Trucking	0.83	0.77	0.79	0.76
ARCB	ArcBest Corp.	Cargo Ground Transportation	0.72	0.66	0.71	0.67
KNX	Knight-Swift	Cargo Ground Transportation	0.71	0.60	0.62	0.59
HTLD	Heartland Express, Inc.	Cargo Ground Transportation	0.69	0.53	0.53	0.54
MRTN	Marten Transport, Ltd.	Cargo Ground Transportation	0.68	0.56	0.55	0.55
SNDR	Schneider National	Cargo Ground Transportation	0.67	0.56	0.58	0.59
WERN	Werner Enterprises	Cargo Ground Transportation	0.67	0.55	0.58	0.58
JBHT	J.B. Hunt Transport	Trucking	0.64	0.57	0.61	0.61
LSTR	Landstar System	Cargo Ground Transportation	0.62	0.56	0.59	0.61
R	Ryder	Cargo Ground Transportation	0.62	0.54	0.55	0.58
RXO	RXO, Inc.	Cargo Ground Transportation	0.55	0.50	0.47	—
CP	Canadian Pacific Kansas City	Railroads	0.49	0.39	0.38	0.42
CSX	CSX Corp.	Railroads	0.47	0.44	0.44	0.45
UNP	Union Pacific	Railroads	0.41	0.41	0.41	0.45
NSC	Norfolk Southern	Railroads	0.38	0.36	0.39	0.45
UBER	Uber Technologies	Ground Transportation	0.16	0.27	0.34	0.31
CAR	Avis Budget Group	Passenger Ground Transportation	0.14	0.20	0.25	0.28
LYFT	Lyft Inc.	Ground Transportation	0.06	0.19	0.25	0.26
FDXF	FedEx Freight	Cargo Ground Transportation	—	—	—	—

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
XTN	SPDR S&P Transportation ETF	Transportation	INDUSTRY	0.74	0.66	0.69	0.68
IYT	iShares Transportation Average	Transportation	INDUSTRY	0.73	0.64	0.67	0.65
IYJ	iShares US Industrials ETF	Industrials Sector	SECTOR	0.51	0.48	0.55	0.57
VIS	Vanguard Industrials ETF	Industrials Sector	SECTOR	0.50	0.48	0.55	0.57
PAVE	Global X US Infrastructure	Infrastructure	SECTOR	0.49	0.48	0.54	0.56
XLI	Industrial Select Sector SPDR	Industrials Sector	SECTOR	0.49	0.47	0.53	0.55
FIDU	Fidelity MSCI Industrials ETF	Industrials Sector	SECTOR	0.49	0.48	0.55	0.57
JETS	US Global Jets ETF	Airlines	SUB-IND	0.43	0.41	0.44	0.44
XAR	SPDR S&P Aerospace & Defense	Aerospace & Defense (Equal Wt)	INDUSTRY	0.31	0.31	0.39	0.46
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense	INDUSTRY	0.29	0.31	0.38	0.46
BOTZ	Global X Robotics & AI	Robotics & AI	SECTOR	0.27	0.32	0.44	0.48
ITA	iShares Aerospace & Defense ETF	Aerospace & Defense	INDUSTRY	0.27	0.27	0.34	0.42

NEXT STEPS

Harvesting a loss in SAIA?

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

Replacement research for SAIA's peers

ODFL ARCB KNX HTLD MRTN SNDR WERN JBHT LSTR R RXO CP CSX UNP NSC UBER CAR LYFT FDXF

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.