# Sensible Investor

> Filing-based evidence for comparing US equity funds: active share, filed expense ratios, portfolio overlap, fee drag, and reproducible limitations.

Canonical site: https://sensible-investor.com/
Operator: AdvisorWorld.com Inc.
Editorial standards: https://sensible-investor.com/editorial-standards
Methodology: https://sensible-investor.com/methodology
Citation guidance: https://sensible-investor.com/cite-us

## Primary resources

- Fund registry: https://sensible-investor.com/registry
- Portfolio overlap tool: https://sensible-investor.com/overlap
- Portfolio X-ray: https://sensible-investor.com/x-ray
- Research notes: https://sensible-investor.com/research
- Fund analysis glossary: https://sensible-investor.com/glossary
- Embeddable evidence cards: https://sensible-investor.com/embed
- Registry update feed: https://sensible-investor.com/registry/feed.xml

## Evidence boundaries

- Portfolio holdings and active-share figures derive from cited SEC Form N-PORT filings.
- Expense ratios derive from cited SEC Risk/Return filings for the named share class.
- Licensed market-return calculations are labeled and are not offered as downloadable source data.
- Published registry figures show their source-event dates under the registry methodology. Missing evidence remains unavailable, never zero.
- Active share and overlap measure portfolio difference, not skill, suitability, or future performance.

## Citation preference

Link to the canonical fund page or its permanent as-of record. Include the fund name, figure, source-event date, and URL. Do not cite an embed in place of its linked source record.