While the discretionary and staples sectors are currently among the most richly valued relative to the S&P 500, KNOW is not lacking for a value tilt with a combined 41% weight to the financial services, industrial and energy sectors.
KNOW’s top 10 holdings at the end of 2014 included Dow component Travelers (NYSE: TRV), three other insurance companies and two regional banks, indicating the ETF is well-positioned to benefit if interest rates this year.
Direxion is the second-largest issuer of inverse and leveraged ETFs, but KNOW is part of the firm’s expanding lineup of non-leveraged ETFs that also includes the Direxion Zacks MLP High Income Shares (NYSEArca: ZMLP) and the Direxion S&P 500 Volatility Response Shares (NYSEArca: VSPY).
Direxion All Cap Insider Sentiment Shares
