Bringing you live news and features since 2006 

Direxion expands buy-and-hold products with two rules-based, alpha-seeking index ETFs


Direxion has launched two new exchange-traded funds, Direxion All Cap Insider Sentiment Shares and Direxion Large Cap Insider Sentiment Shares.

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

The new ETFs offer various benefits to investors, including a verifiable and repeatable rules-based index approach to equity investing. They provide investors with access to stocks that corporate insiders are accumulating, and they focus on insider transactions and analyst ratings based on public company filings to determine weightings within the indices they track. The indexes allocations to various sectors can vary significantly from traditional cap-weighted equity benchmark weightings and the strategies seek to provide alpha (excess return) over comparable benchmarks.

“We are committed to providing advisors and investors with the opportunity to invest in buy-and-hold equity strategies that allow them to differentiate themselves within the marketplace,” says Ed Egilinsky, Managing Director and Head of Alternatives at Direxion. “Investors are always looking for ways to try and generate excess returns within their equity portfolios. These equity indices are unique in that they are not constrained by either style box or sector allocation limitations, as are the majority of typical equity investments.”   

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by