Direxion All Cap Insider Sentiment Shares
ALTAR
Score™
6.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
15.4x P/Sales
ratio
2.4x
P/BV
ratio
2.2x Div.
yield
2.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Direxion All Cap Insider Sentiment Shares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that closely correspond to the total return of the Sabrient Multi-cap Insider/Analyst Quant-weighted Index.

FUND BASICS
Category US Equities
Fund Sponsor Rafferty Asset Management LLC
Website www.direxionshares.com
Inception date Dec 08, 2011
Assets (mns) $56
Currency USD
Expense ratio 59 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Bank of New York Mellon
Weighting Tiered
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 99
Wgt avg mkt cap (mns) $188,127
Large cap (>$10bn) 78.5%
Mid cap ($2-10bn) 19.6%
Small cap (<$2bn) 1.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
IDEXX LABORATORIES INC 6.0 %
MICROSOFT CORP 6.0 %
INTEL CORP 5.8 %
EDWARDS LIFESCIENCES CORP 5.8 %
PROLOGIS INC 5.5 %
APPLE INC 5.4 %
CABLE ONE INC 5.0 %
EBAY INC 5.0 %
JPMORGAN CHASE & CO 4.3 %
AUTOZONE INC 3.7 %
Total 52.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.3 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-27.6% -24.2% -0.2% -- 7.6%

Market Correlations
versus... Beta R-squared
S&P500 1.17 89%
MSCI EAFE 1.08 73%
MSCI Emg. Mkts. 0.79 57%

Technical Indicators
Recent close $29.24
30d moving avg. $30.16
Annualized volatility 18.9%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.5%
Relative strength (RSI) 35

Liquidity measures
Avg. volume (thou.) 32
Turnover 1.7%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $44,410

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Direxion All Cap Insider Sentiment Shares ETF based on the alternatives' overlap in portfolio holdings with KNOW. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KNOW Expense: 59 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KNOW
Ticker Fund
Name
Overlap1
vs KNOW
(%)
Expense
ratio
(bp)
Savings
vs KNOW
(bp)
ALTAR
Score™
(%)
ALTAR
vs KNOW
(%)
JHMT John Hancock Multifactor Technology ETF 20.1 40 19 6.3 -0.4
SUSA iShares MSCI USA ESG Select ETF 19.3 25 34 5.9 -0.8
EDOW First Trust Dow 30 Equal Weight ETF 19.1 50 9 6.9 +0.2
MTUM iShares Edge MSCI USA Momentum Factor ETF 19.0 15 44 5.8 -0.9
DIA SPDR Dow Jones Industrial Average ETF Trust 18.8 16 43 6.9 +0.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 18.5 50 9 7.2 +0.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 18.4 75 -16 3.8 -3.0
VEGN US Vegan Climate ETF 18.3 60 -1 6.6 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 17.6 12 47 6.4 -0.4
IYW iShares U.S. Technology ETF 17.5 42 17 5.3 -1.5
BUL Pacer US Cash Cows Growth ETF 17.5 60 -1 7.4 +0.7
AFLG First Trust Active Factor Large Cap ETF 17.4 55 4 7.3 +0.5
FDRR Fidelity Dividend ETF for Rising Rates 17.3 29 30 9.2 +2.5
ESG FlexShares STOXX US ESG Impact Index Fund 17.2 32 27 6.4 -0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 17.2 15 44 6.5 -0.3
SNPE Xtrackers S&P 500 ESG ETF 17.2 11 48 6.5 -0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 17.2 27 32 6.4 -0.3
FDMO Fidelity Momentum Factor ETF 17.2 29 30 5.2 -1.5
EPS WisdomTree U.S. Earnings 500 Fund 17.1 8 51 8.0 +1.3
SYE SPDR MFS Systematic Core Equity ETF 17.1 60 -1 8.0 +1.2
PBP Invesco S&P 500 BuyWrite ETF 17.1 49 10 6.3 -0.4
HSPX Global X S&P 500 Covered Call ETF 16.9 65 -6 6.1 -0.6
NACP Impact Shares NAACP Minority Empowerment ETF 16.9 75 -16 5.8 -0.9
DRIV Global X Autonomous & Electric Vehicles ETF 16.9 68 -9 8.0 +1.3
ESGV Vanguard ESG U.S. Stock ETF 16.9 12 47 6.6 -0.1
DIVB iShares U.S. Dividend & Buyback ETF 16.8 25 34 8.3 +1.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 16.7 52 7 7.4 +0.7
QLC FlexShares US Quality Large Cap Index Fund 16.7 32 27 7.0 +0.3
ESGU iShares MSCI USA ESG Optimized ETF 16.7 15 44 6.3 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 16.6 20 39 6.3 -0.4
QDYN FlexShares Quality Dividend Dynamic Index Fund 16.6 37 22 8.6 +1.9
CATH Global X S&P 500 Catholic Values Custom ETF 16.6 29 30 6.6 -0.1
QDF FlexShares Quality Dividend Index Fund 16.6 37 22 8.4 +1.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 16.5 75 -16 4.6 -2.1
IUSG iShares Core S&P US Growth ETF 16.5 4 55 5.5 -1.2
FQAL Fidelity Quality Factor ETF 16.4 29 30 6.7 -0.1
XLK Technology Select Sector SPDR Fund 16.4 13 46 5.9 -0.8
DSTL Distillate US Fundamental Stability & Value ETF 16.3 39 20 7.3 +0.6
IOO iShares Global 100 ETF 16.3 40 19 5.8 -0.9
IWL iShares Russell Top 200 ETF 16.2 15 44 6.3 -0.4
VOOG Vanguard S&P 500 Growth ETF 16.2 10 49 5.4 -1.3
SPYG SPDR Portfolio S&P 500 Growth ETF 16.2 4 55 5.5 -1.3
IVW iShares S&P 500 Growth ETF 16.1 18 41 5.3 -1.4
OEF iShares S&P 100 ETF 16.1 20 39 6.0 -0.7
FTEC Fidelity MSCI Information Technology Index ETF 16.1 8 51 5.8 -0.9
VGT Vanguard Information Technology Index Fund 16.1 10 49 5.8 -0.9
SPXE ProShares S&P 500 Ex-Energy ETF 16.1 27 32 6.6 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 16.1 60 -1 5.6 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 16.1 20 39 6.7 0.0
DJD Invesco Dow Jones Industrial Average Dividend ETF 16.1 7 52 7.9 +1.2
MGC Vanguard Mega Cap Index Fund 16.0 7 52 6.5 -0.3
SPY SPDR S&P 500 ETF Trust 15.9 9 50 6.7 -0.0
SYG SPDR MFS Systematic Growth Equity ETF 15.9 60 -1 6.0 -0.8
SPLG SPDR Portfolio Large Cap ETF 15.9 3 56 6.8 +0.0
VOO VANGUARD S&P 500 ETF 15.9 3 56 6.7 +0.0
IVV iShares Core S&P 500 ETF 15.9 4 55 6.7 +0.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 15.8 49 10 5.1 -1.6
XLG Invesco S&P 500 Top 50 ETF 15.8 20 39 5.6 -1.1
IGM iShares North American Tech ETF 15.8 46 13 5.1 -1.6
QYLD Global X NASDAQ 100 Covered Call ETF 15.8 60 -1 4.7 -2.1
NUSI Nationwide Risk-Managed Income ETF 15.7 68 -9 4.6 -2.1
SFY SoFi Select 500 ETF 15.7 0 59 6.3 -0.4
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 15.6 29 30 5.3 -1.4
FDVV Fidelity Core Dividend ETF 15.6 29 30 9.3 +2.6
RECS Columbia Research Enhanced Core ETF 15.6 15 44 7.1 +0.3
VFH Vanguard Financials Index Fund 15.5 10 49 11.1 +4.4
QQQ Invesco QQQ Trust 15.5 20 39 5.1 -1.7
IXN iShares Global Tech ETF 15.4 46 13 5.8 -0.9
FNCL Fidelity MSCI Financials Index ETF 15.3 8 51 11.1 +4.4
VV Vanguard Large-Cap Index Fund 15.3 4 55 6.6 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 15.3 3 56 6.9 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 15.3 2 57 6.7 -0.0
VONE Vanguard Russell 1000 ETF 15.2 8 51 6.7 -0.1
PBUS Invesco PureBeta MSCI USA ETF 15.2 4 55 6.7 -0.0
LRGF iShares Edge MSCI Multifactor USA ETF 15.1 20 39 8.5 +1.8
QDEF FlexShares Quality Dividend Defensive Index Fund 15.1 37 22 7.5 +0.8
SCHX Schwab U.S. Large-Cap ETF 15.1 3 56 6.7 -0.1
IYG iShares US Financial Services ETF 15.1 42 17 9.2 +2.4
FVAL Fidelity Value Factor ETF 15.0 29 30 10.4 +3.7
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 15.0 21 38 4.1 -2.6
IQSU IQ Candriam ESG US Equity ETF 14.9 9 50 6.3 -0.4
SCHK Schwab 1000 Index ETF 14.7 5 54 6.7 -0.1
IWB iShares Russell 1000 ETF 14.7 15 44 6.6 -0.1
FDLO Fidelity Low Volatility Factor ETF 14.7 29 30 6.2 -0.6
TECB iShares US Tech Breakthrough Multisector ETF 14.7 40 19 5.1 -1.7
IYY iShares Dow Jones U.S. ETF 14.6 20 39 6.6 -0.2
XLF Financial Select Sector SPDR Fund 14.6 13 46 10.3 +3.6
VTHR Vanguard Russell 3000 Index Fund 14.6 10 49 6.6 -0.2
DGRW WisdomTree U.S. Quality Dividend Growth Fund 14.5 28 31 7.8 +1.1
IETC iShares Evolved U.S. Technology ETF 14.5 18 41 5.0 -1.7
TMFC Motley Fool 100 Index ETF 14.5 50 9 4.9 -1.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 14.4 9 50 6.9 +0.2
BVAL Brand Value ETF 14.3 65 -6 8.4 +1.7
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 14.2 12 47 6.0 -0.8
SCHB Schwab U.S. Broad Market ETF 14.2 3 56 6.7 -0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 14.2 28 31 7.6 +0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 14.2 3 56 6.6 -0.1
EXT WisdomTree U.S. Total Earnings Fund 14.2 28 31 7.3 +0.6
IWV iShares Russell 3000 ETF 14.2 20 39 6.5 -0.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 14.1 57 2 5.8 -0.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Direxion All Cap Insider Sentiment Shares
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.2 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.