Fund transparency and analytics

See what your fund is really doing.

XrayFund is being built to give advisors, analysts and serious investors deeper visibility into holdings, exposures and performance drivers.

Built for advisors, analysts and institutional investors.

Platform in development. Illustrative analytics shown below.
Illustrative fund x-ray
Holdings Coverage
96%
Normalized and classified
Top Sector Tilt
Tech
+6.4% vs benchmark
Primary Driver
Selection
Attribution-linked insight
Concentration Risk
Moderate
Top 10 = 41% of assets
Technology27%
Financials19%
Health Care14%
Industrials11%
Consumer9%

Built for clearer fund diagnostics

Move beyond headline categories and marketing language. XrayFund is designed to turn fund holdings into practical visibility across exposures, overlap and performance drivers.

Holdings look-through

Go deeper than the fund label with visibility into underlying positions, concentrations and hidden exposures.

Exposure intelligence

Understand true sector, industry and asset class positioning through normalized identifiers and internal classification logic.

Attribution clarity

See what actually drove results with holdings-based performance attribution built for real-world fund analysis.

Illustrative examples

These examples show the type of analysis the platform is being designed to surface. The figures below are illustrative only.

Example 1: Hidden tech concentration

A diversified large-cap fund appears balanced at the surface, but look-through analysis reveals meaningful concentration in semiconductor and software names through multiple top holdings.

Insight: headline diversification can mask concentrated exposure to the same economic driver.

Example 2: Overlap across active managers

Two active funds from different categories show substantial overlap in top positions and sector tilts, reducing the diversification benefit an allocator may have expected.

Insight: category labels alone do not guarantee differentiated underlying exposure.

Example 3: Selection drove outperformance

A fund’s excess return came less from sector positioning and more from individual security selection within technology and health care.

Insight: attribution can separate stock-picking skill from broad beta or style exposure.

Example 4: Style drift beneath the surface

A core equity fund gradually picked up mid-cap and cyclical exposure, changing the portfolio’s true risk profile relative to a benchmark.

Insight: holdings-based analysis can surface style drift before it becomes obvious in returns alone.

Illustrative allocation views

XrayFund is intended to show clearer portfolio composition across sectors, countries and asset categories, including more granular fixed income sleeve breakdowns where underlying filings support that detail.
Country allocation
United States
62%
United Kingdom
18%
Japan
9%
Canada
6%
Other
5%
Asset allocation
Equity
54%
Investment Grade Fixed Income
24%
High Yield Fixed Income
13%
Cash & Equivalents
6%
Other
3%
Fixed income sleeve detail
U.S. Treasuries8%
Agency Mortgage-Backed6%
Investment Grade Corporate10%
High Yield Corporate7%
Securitized Credit6%
What makes XrayFund different

The platform is being designed around actual holdings and normalized identifiers so users can move beyond summary labels and better understand true portfolio composition.

Objective: turn raw holdings data into practical, decision-oriented insight for fund due diligence, comparison and allocation.

Built for serious fund analysis

XrayFund is being designed for users who want more than surface-level fund screening.

Advisors

  • Evaluate manager overlap and diversification
  • Support client portfolio reviews
  • Improve fund due diligence workflows

Analysts

  • Assess exposures beneath the headline category
  • Compare funds on a like-for-like basis
  • Review performance drivers with greater precision

Serious investors

  • Understand what a fund really owns
  • Spot concentrated or unintended bets
  • Make more informed allocation decisions

Contact

For early access requests, product questions or partnership interest, send us a note below.

Request early access

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Current use cases

Early conversations are especially relevant for:

Advisor due diligence workflows
Fund comparison use cases
Holdings-based analytics feedback
Institutional research applications