The given expression can be simplified using the trigonometric identity \( \sec^2 \theta = 1 + \tan^2 \theta \):
\[
\frac{\sec^2 15^\circ - 1}{\sec^2 15^\circ} = \frac{\tan^2 15^\circ}{\sec^2 15^\circ}
\]
Using the identity \( \sec^2 \theta = \frac{1}{\cos^2 \theta} \), the expression simplifies to:
\[
\frac{\tan^2 15^\circ}{\frac{1}{\cos^2 15^\circ}} = \tan^2 15^\circ \cdot \cos^2 15^\circ = \sin^2 15^\circ
\]
The value of \( \sin 15^\circ \) can be calculated using the formula \( \sin 15^\circ = \sin(45^\circ - 30^\circ) \) and the sine addition formula:
\[
\sin 15^\circ = \sin 45^\circ \cos 30^\circ - \cos 45^\circ \sin 30^\circ
\]
\[
= \frac{\sqrt{2}}{2} \cdot \frac{\sqrt{3}}{2} - \frac{\sqrt{2}}{2} \cdot \frac{1}{2} = \frac{\sqrt{6} - \sqrt{2}}{4}
\]
Squaring this to find \( \sin^2 15^\circ \):
\[
\sin^2 15^\circ = \left(\frac{\sqrt{6} - \sqrt{2}}{4}\right)^2 = \frac{6 - 2\sqrt{12} + 2}{16} = \frac{8 - 4\sqrt{3}}{16} = \frac{2 - \sqrt{3}}{4}
\]
Thus, the answer is:
\[
\frac{2 - \sqrt{3}}{4}
\]