KNOW — Direxion All Cap Insider Sentiment Shares

Data updated: 2020-09-25

KNOW — Direxion All Cap Insider Sentiment Shares. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.

KNOW Fund Overview

KNOW — Direxion All Cap Insider Sentiment Shares is a US ETF managed by Direxion Shares ETF Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US ETF
  • Manager: Direxion Shares ETF Trust
  • Category: United States Multi-Cap / All-Cap Blend / Core Equity
  • Assets under management: $53.37M
  • 1-year return: -10.1%
  • Ticker: KNOW
  • SEC CIK: 0001424958
  • SEC series ID: S000034439
  • Share class ID: C000105914

KNOW Investment Objective and Strategy

Direxion All Cap Insider Sentiment Shares describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Direxion Shares ETF Trust.

Investment objective

The Direxion All Cap Insider Sentiment Shares (the Fund) seeks investment results, before fees and expenses, that track the Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index (the Index).

Principal investment strategy

The Fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the Index. The Index is composed of 100 stocks selected from the S&P 1500 by Sabrient Systems LLC (the Index Provider) using a quantitative methodology. Starting with an eligible universe of all 1500 stocks in the S&P 1500 , the Index Provider first eliminates stocks of companies with very aggressive accounting, as identified by the Index Providers proprietary forensics accounting methodology. From the remaining stocks, the Index Provider further eliminates all but 100 stocks using a screening methodology that is based on an analysis of public company filings relating to frequency of trades, purchases of stock and increases in holdings by a companys insiders, as well as positive earnings analysis.

The remaining 100 stocks, which compose the Index, are then ranked using a defensive methodology that preferences stocks that have historically performed well in weak markets, having strong free cash flow yield and strong dividend yield. The Index is quant-weighted, meaning that when the Index is rebalanced the top 50 stocks are weighted exponentially, with the top stock representing 2.6% of the Index, while the bottom 50 stocks are equal-weighted, with each representing 0.35% of the Index. The bottom 50 stocks thereby account for 17.61% of the total Index at the rebalance. The Index rebalances monthly. As of December 29, 2017, the components of the Index had an average market capitalization of $45.2 billion, had market capitalizations ranging from $453.5 million to $860.9 billion and were included in the financials, information technology, and consumer discretionary sectors.

The S&P 1500 is a composite index of the S&P 500 , S&P 400 and S&P 600 , which are composed of stocks representing the large capitalization, mid-capitalization and small capitalization segments of the U.S. equity market, respectively. The components of the Index and the percentages represented by various sectors in the Index may change over time. The Fund will concentrate its investment in a particular industry or group of industries ( i.e. , hold 25% or more of its total assets in the stocks of a particular industry or group of industries) to approximately the same extent as the Index is so concentrated. Although the Fund intends to fully replicate the Index, at times the Fund may gain exposure to only a representative sample of the securities in the Index that have aggregate characteristics similar to those of the Index, including exchange-traded funds (ETFs) and other investment companies.

The Fund seeks to remain fully invested at all times consistent with its investment objective. If the Fund receives a creation unit in cash, the Fund repositions its portfolio in response to assets flowing into or out of the Fund. To the extent the Fund experiences regular purchases or redemptions of its shares, it may reposition its portfolio more frequently. Additionally, the impact of the Indexs movements will affect whether the Funds portfolio needs to be re-positioned. For example, if the Index has added or removed a security, the Funds portfolio may have to be re-positioned to account for this change to the Index. These re-positioning strategies may result in high portfolio turnover.

KNOW Performance

Total returns for KNOW (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year-10.1%

KNOW Risk Information

Risk metrics for KNOW, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 25.5%

KNOW Costs and Fees

KNOW costs about $66 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.66%
  • Gross expense ratio: 0.66%
  • Brokerage commissions: 50.93 bps of average net assets (SEC N-CEN)

KNOW Cashflows

Over the 12 months to 2020-07, Direxion All Cap Insider Sentiment Shares had net inflows of $60.45M, from monthly SEC N-PORT filings.

MonthNet flow
2020-07$1.65M
2020-06$4.89M
2020-05$1.58M
2020-04$4.60M
2020-03$5.39M
2020-02$7.88M

KNOW Debt Constituents

No individual debt constituents are reported in Direxion All Cap Insider Sentiment Shares's latest SEC N-PORT filing.

KNOW Prospectus and SEC Filings

Official Direxion All Cap Insider Sentiment Shares filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.