Tax-loss harvesting alternatives for XLV

The closest fund alternative to XLV (Health Care Sector) is IYH (iShares US Healthcare ETF), with a return correlation of 0.99 over the past year. Among single names in the fund's slice of the market, AMGN (Amgen Inc.) tracks it most closely at 0.68 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
IYH	iShares US Healthcare ETF	Health Care Sector	SECTOR	0.99	0.99	0.99	0.99
FHLC	Fidelity MSCI Health Care ETF	Health Care Sector	SECTOR	0.99	0.99	0.98	0.99
VHT	Vanguard Health Care ETF	Health Care Sector	SECTOR	0.98	0.99	0.98	0.99
PPH	VanEck Pharma ETF	Pharmaceuticals	INDUSTRY	0.91	0.88	0.87	0.89
IHE	iShares US Pharmaceuticals ETF	Pharmaceuticals	INDUSTRY	0.86	0.85	0.85	0.87
IBB	iShares Biotechnology ETF	Biotechnology	INDUSTRY	0.70	0.74	0.74	0.77
IHI	iShares Medical Devices ETF	Medical Devices	SUB-IND	0.66	0.70	0.77	0.84
XHE	SPDR S&P Health Care Equipment	Medical Devices (Equal Wt)	SUB-IND	0.59	0.62	0.66	0.71
XPH	SPDR S&P Pharmaceuticals	Pharmaceuticals (Equal Wt)	INDUSTRY	0.52	0.64	0.67	0.73
XHS	SPDR S&P Health Care Services	Health Care Services	INDUSTRY	0.51	0.60	0.65	0.72
IHF	iShares Health Care Providers	Health Care Providers	INDUSTRY	0.50	0.61	0.71	0.79
XBI	SPDR S&P Biotech ETF	Biotechnology (Equal Wt)	INDUSTRY	0.48	0.56	0.55	0.61

STOCKS

Single-name peers

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

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
AMGN	Amgen Inc.	Biotechnology	0.68	0.64	0.59	0.67
ABBV	AbbVie Inc.	Pharmaceuticals	0.63	0.61	0.58	0.63
ABT	Abbott Laboratories	Health Care Equipment	0.50	0.50	0.62	0.71
A	Agilent Technologies	Life Sciences Tools & Services	0.49	0.55	0.61	0.66
ACAD	Acadia Pharmaceuticals	Pharmaceuticals	0.43	0.34	0.31	0.31
ALKS	Alkermes plc	Pharmaceuticals	0.38	0.37	0.36	0.39
ALNY	Alnylam Pharmaceuticals	Biotechnology	0.37	0.34	0.32	0.33
ALGN	Align Technology	Health Care Supplies	0.34	0.36	0.39	0.47
ADMA	ADMA Biologics, Inc.	Biotechnology	0.30	0.30	0.31	0.20
ADUS	Addus HomeCare Corp.	Health Care Services	0.28	0.29	0.33	0.35
ALHC	Alignment Healthcare, Inc.	Health Care Services	0.17	0.18	0.25	—
AHCO	AdaptHealth Corp.	Health Care Equipment	0.16	0.23	0.27	0.21
AMN	Amn Healthcare Services, Inc.	Health Care Services	0.16	0.23	0.26	0.27
ACHC	Acadia Healthcare	Health Care Facilities	0.11	0.24	0.31	0.39

NEXT STEPS

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Replacement research for XLV's peers

AMGN ABBV ABT A ACAD ALKS ALNY ALGN ADMA ADUS ALHC AHCO AMN ACHC

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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.