# AXS Knowledge Leaders ETF (KNO): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/kno for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AXS Investments · Asset class: Equity - Strategy: Actively Managed · Inception: 2015-07-07 The AXS Knowledge Leaders ETF (KNO) is an actively managed fund designed to invest in large and mid-capitalization companies deemed innovative, with the goal of generating superior returns through a "knowledge effect." The fund focuses its investments on developed market countries, with the exception of Hong Kong, ensuring at least 40% of its equity exposure is to non-U.S. markets within these regions. KNO utilizes a proprietary model that modifies companies' historical financial statements to account for intangible assets, subsequently evaluating their financial robustness, profitability,... ## Key Facts | Metric | Value | |---|---| | Price | $64.07 | | Expense Ratio | 0.78% | | Assets Under Management | $43.3M | | NAV | $64.11 | | Holdings Count | 0 | | Distribution Yield (TTM) | 0.86% | | Annual Distribution (TTM) | $0.55 /share | | Distribution Frequency | Annual | | 52-Week Range | $48.97 – $65.24 | | Beta | 1.09 | ## Latest Distribution - Amount: $0.5535 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-26 ## Frequently Asked Questions ### What does KNO invest in? The AXS Knowledge Leaders ETF (KNO) is an actively managed fund designed to invest in large and mid-capitalization companies deemed innovative, with the goal of generating superior returns through a "knowledge effect." The fund focuses its investments on developed market countries, with the exception of Hong Kong, ensuring at least 40% of its equity exposure is to non-U.S. markets within these regions. KNO utilizes a proprietary model that modifies companies' historical financial statements to account for intangible assets, subsequently evaluating their financial robustness, profitability, and dedication to innovation. Following these analytical adjustments, the fund's advisor selects the most liquid companies for its portfolio. Intangible assets considered include expenditures on research and development, advertising, brand enhancement, and employee training. Prior to May 26, 2020, the fund followed the Knowledge Leaders Developed World Index. Around that period, Knowledge Leaders Capital, LLC also assumed the role of investment advisor from Exchange Traded Concepts, LLC. Additionally, on July 22, 2023, KNO absorbed all assets and liabilities of the Knowledge Leaders Developed World ETF (KLDW), which held approximately $130 million in assets. ### What is the expense ratio of KNO? AXS Knowledge Leaders ETF (KNO) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is KNO? AXS Knowledge Leaders ETF (KNO) manages $43.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is KNO actively managed or an index fund? KNO is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (KNO's is 0.78%) in exchange for the discretion to over- or under-weight positions. ### When was KNO launched? AXS Knowledge Leaders ETF (KNO) launched in July 2015 and is managed by AXS Investments. ### How has KNO performed? KNO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does KNO pay a dividend? AXS Knowledge Leaders ETF (KNO) currently distributes little or no income. Trailing-twelve-month yield is 0.86%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does KNO pay dividends? AXS Knowledge Leaders ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is KNO's dividend yield? KNO's trailing-twelve-month yield is 0.86%, calculated from the sum of dividends over the past year divided by the current price. ### When is KNO's next ex-dividend date? The most recently announced ex-dividend date for KNO was 2025-12-23. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will KNO's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.78% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does KNO charge its expense ratio? The expense ratio is deducted in tiny daily slices from KNO's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does KNO cost more than a fund like VOO? KNO is actively managed (current expense ratio 0.78%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether KNO's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to KNO? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as KNO (0.78%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/kno - Distribution history: https://www.dividenddata.com/funds/kno/dividend - Holdings & diversification: https://www.dividenddata.com/funds/kno/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/kno/expenses - Peer comparison: https://www.dividenddata.com/funds/kno/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.