Tax-loss harvesting alternatives for VRT

Among the 15 Electrical Components & Equipment peers screened, ETN (Eaton Corp.) has tracked VRT most closely over the past year, with a return correlation of 0.76. The strongest fund stand-in is FIDU (Fidelity MSCI Industrials ETF) at 0.63 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
ETN	Eaton Corp.	Electrical Components & Equipment	0.76	0.78	0.68	0.59
NVT	nVent Electric plc	Electrical Components & Equipment	0.70	0.71	0.64	0.58
POWL	Powell Industries, Inc.	Electrical Components & Equipment	0.60	0.50	0.45	0.44
ENS	EnerSys	Electrical Components & Equipment	0.57	0.43	0.46	0.44
NXT	Nextpower	Electrical Components & Equipment	0.53	0.35	0.32	—
ST	Sensata Technologies	Electrical Components & Equipment	0.51	0.39	0.41	0.43
AME	Ametek	Electrical Components & Equipment	0.51	0.46	0.48	0.41
RRX	Regal Rexnord	Electrical Components & Equipment	0.48	0.41	0.42	0.42
VICR	Vicor Corporation	Electrical Components & Equipment	0.46	0.42	0.38	0.36
ROK	Rockwell Automation	Electrical Components & Equipment	0.45	0.39	0.41	0.40
EMR	Emerson Electric	Electrical Components & Equipment	0.41	0.46	0.47	0.45
AYI	Acuity Brands	Electrical Components & Equipment	0.39	0.41	0.41	0.37
WWD	Woodward, Inc.	Electrical Components & Equipment	0.39	0.44	0.41	0.40
MRCY	Mercury Systems	Electrical Components & Equipment	0.35	0.29	0.26	0.25
HAYW	Hayward Holdings, Inc.	Electrical Components & Equipment	0.19	0.20	0.30	—

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
FIDU	Fidelity MSCI Industrials ETF	Industrials Sector	SECTOR	0.63	0.60	0.58	0.50
VIS	Vanguard Industrials ETF	Industrials Sector	SECTOR	0.63	0.60	0.58	0.51
PAVE	Global X US Infrastructure	Infrastructure	SECTOR	0.61	0.61	0.59	0.51
XLI	Industrial Select Sector SPDR	Industrials Sector	SECTOR	0.60	0.57	0.55	0.48
BOTZ	Global X Robotics & AI	Robotics & AI	SECTOR	0.54	0.61	0.59	0.52
IYJ	iShares US Industrials ETF	Industrials Sector	SECTOR	0.50	0.52	0.54	0.48
XAR	SPDR S&P Aerospace & Defense	Aerospace & Defense (Equal Wt)	INDUSTRY	0.46	0.50	0.49	0.46
PPA	Invesco Aerospace & Defense ETF	Aerospace & Defense	INDUSTRY	0.40	0.48	0.47	0.44
ITA	iShares Aerospace & Defense ETF	Aerospace & Defense	INDUSTRY	0.38	0.44	0.43	0.42
JETS	US Global Jets ETF	Airlines	SUB-IND	0.26	0.32	0.40	0.40
XTN	SPDR S&P Transportation ETF	Transportation	INDUSTRY	0.25	0.32	0.41	0.42
IYT	iShares Transportation Average	Transportation	INDUSTRY	0.23	0.31	0.40	0.40

NEXT STEPS

Harvesting a loss in VRT?

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

Replacement research for VRT's peers

ETN NVT POWL ENS NXT ST AME RRX VICR ROK EMR AYI WWD MRCY HAYW

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.