Group-of-funds · Risk X-Ray

Fund Roster

Across the lineup, which funds actually take stock-specific risk versus buyable market, sector, and style exposure. Ranked by residual risk share — the only slice of variance where an active fee can be earned; the selection return itself is on each tearsheet. Evidence, not a recommendation.

Sample lineup

search to build your own · 8/16 funds

HACAXFDGRXSEEGXTRVLXAGTHXMEIJXVIGRXVLISX

Average residual risk share 6% across 8 funds (per-fund average — a combined-sleeve decomposition would credit cross-fund diversification and read lower). Highest residual risk HACAX (19%); most buyable VLISX (2% residual risk — mostly market/sector beta).

Lineup · ranked by residual risk share

#	Fund	Style	Residual risk
1	HACAXHarbor Capital Appreciation Fund	Large Growth	19.0%	Tearsheet →
2	FDGRXFidelity Growth Company Fund	Large Growth	6.7%	Tearsheet →
3	SEEGXJPMorgan Large Cap Growth Fund	Large Growth	6.7%	Tearsheet →

Green residual risk = the stock-specific share of variance. Index funds sink to the bottom — near-zero residual risk, all buyable beta — the contrast that makes an active fee legible. Whether that risk paid off is the selection return on each tearsheet.