Tax-loss harvesting. After-tax returns are the new alpha.

Get started

Estimated tax saving A$11,750 After the 50% CGT discount, at a 47% marginal rate.

Complete · 30 Jun 2026 New analysis

Every loss paired with a replacement that holds your market exposure, screened for wash-sale risk.

Estimated tax payable

Before and after the harvest is applied, A$.

Systematic tax-loss harvesting can add 0.5% to 4% a year to after-tax returns (Vanguard, 2024).

Learn how harvesting works

What we found

Rules-based screening across every holding, applying holding periods and the 50% CGT discount.

Positions analysed: 18
Realised gains identified: A$60,000
Harvestable losses applied: A$30,000

Replacement Exposure Considerations

Sell the loss, keep the exposure. Each position is paired with a correlated replacement, screened for wash-sale risk.

New analysis

VTS

Vanguard US Total Market Shares ETF

Same asset class

Low risk

Broad US equity exposure via a different index (CRSP US Total Market). Maintains US market exposure with lower overlap than an identical S&P 500 fund.

IHVV

iShares S&P 500 AUD Hedged ETF

Same index

High risk

Tracks the same S&P 500 index as IVV in a currency-hedged share class. Likely to be treated as substantially similar.

BGBL

Betashares Global Shares ETF

Same asset class

Low risk

Developed-markets ex-Australia exposure via a different index family (Solactive GBS vs MSCI World). Broadly similar region and factor exposure without index overlap.

A200

Betashares Australia 200 ETF

Same asset class

Low risk

Broad Australian large-cap exposure via a different index (Solactive Australia 200) and provider. Lower overlap with VAS than a fund tracking the same benchmark.

IOZ

iShares Core S&P/ASX 200 ETF

Same index

High risk

Tracks effectively the same S&P/ASX large-cap basket as VAS. Likely to be treated as substantially similar for anti-avoidance purposes.

Illustrative only. Not financial product advice or a recommendation. Lumvest screens portfolios for harvest candidates; selection is the adviser's decision. Figures are sample data, not client results. See the disclaimer for full per-jurisdiction terms.

Upload portfolio CSV · XLSX

positions.csv 32 rows · 4 columns · 12 KB

or connect a broker

IBKR Chase Fidelity Schwab Vanguard Webull Wells Fargo CommSec Alpaca Stake Kraken Binance Robinhood +12 more

Parameters Step 2 of 5

Jurisdiction Australia

Marginal tax rate 47%

External CGT to offset

Opportunities identified 3 found

TSLA Unrealised loss −US$3,240

NVDA Unrealised loss −US$1,820

AAPL Unrealised loss −US$985

Wash-sale aware Holding periods

Export

Replacement exposure

SPY VOO · IVV

QQQ ONEQ

Automation Active

Quarterly Next scan 30 Jun 2026

Dip alert SPY −3.2%

Run now

01 Detect Unrealised losses surface at every market dip. Every dip is a potential offset.

02 Harvest Losses apply against realised gains. Wash-sale aware replacements keep your exposure intact.

03 Compound Capital that would have gone to tax stays invested. Year on year, the delta grows.

Chart is illustrative only and does not represent actual client results. Range shown is based on Vanguard's 2024 study of systematic tax-loss harvesting; outcomes depend on portfolio composition, jurisdiction, and holding periods. Not a recommendation.

Enhance, don't replace.

Your allocation, unchanged. After-tax delta, measurable.

Market alpha is hard. Tax alpha is systematic.

Runs on observable data. No view required.

Once a privilege, now programmable.

Used to require a family-office tax desk. Now native to every adviser's stack.

Learn more about tax-loss harvesting

Source · BlackRock, 2024. Average annual drag across ~1,000 adviser-managed model portfolios.

Built by finance, for finance.

Designed with practitioners and tax specialists. Every output is auditable, defensible, and built on the actual rules. Not a black box.

Tax-aware, not just tax-loss.

We model wash-sale equivalents, holding periods, and replacement exposure. A loss harvested today does not become a loss tomorrow.
Adviser-first workflow.

Run a client portfolio in under sixty seconds. Set jurisdiction, tax bracket, and any capital gains you want to offset from outside this portfolio. Surface signals, not conclusions. Export a report your client can read.
Private by default.

Your client data does not train any model. Holdings stay encrypted in transit and at rest. SOC 2 controls in flight.
Replacement exposure, baked in.

Candidate replacements scored against wash-sale loss rules.

“Most tools are autopilots. Constantly rebalancing, zero control. A client portfolio, especially as you move up into private wealth and HNWI territory, is way more complex. Capital-gains events are more deferred, more varied than anything sitting in a brokerage account. That's where Lumvest's execution, pricing, and integrations make sense. You can tell it was built by finance professionals.”

Private wealth adviser Pilot, 2026

Built for the way you deliver value.

Financial advisers

Run a client portfolio, surface harvest candidates, export a report. All in the time it takes to brew the morning coffee.

Learn more

Boutique wealth firms

Standardise tax-loss analysis across the book. Same methodology, every adviser, every client.

Learn more

Platforms & institutions

White-label the engine, embed the workflow, or call the API. Built to scale beyond the spreadsheet without losing the auditability.

Contact sales

Tax-loss harvesting. After-tax returns are the new alpha.

Estimated tax payable

What we found

What the screen does

The calculation

What it isn't

Replacement Exposure Considerations

The band we screen for

What it isn't

Client-ready report

Runs itself, and compounds

What the screen does

The calculation

What it isn't

The tax tool your portfolio software forgot to build. Lumvest brings tax context into portfolio decisions.

What is tax-loss harvesting?

Enhance, don't replace.

Market alpha is hard. Tax alpha is systematic.

Once a privilege, now programmable.

Why advisers choose Lumvest.

Built by finance, for finance.

Tax-aware, not just tax-loss.

Adviser-first workflow.

Private by default.

Replacement exposure, baked in.

Built for the way you deliver value.

Financial advisers

Boutique wealth firms

Platforms & institutions

Run your first portfolio in sixty seconds.