BOSTON ( TheStreet) -- If you want to trade like an insider, you now have a different avenue than, say, running for a Senate seat. Thanks to alternative-investment company Direxion, there are two new exchange traded funds that enable investors to trade like company insiders.Just when you thought the ETF world couldn't get any more narrow or focused after the creation of the Global X Social Media Index ETF ( SOCL), Direxion recently launched two ETFs that give investors access to stocks that corporate insiders are accumulating. The stocks are selected by focusing on insider transactions and analyst ratings of public company filings. The first, the Direxion All-Cap Insider Sentiment Shares ETF ( KNOW) targets the Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index, which reflects positive sentiment among those insiders closest to a company's financials. That includes top management, directors and large institutional holders, among others. The ETF includes 100 of the stocks in the S&P 1500 Index. The top 10 holdings of the Direxion All Cap Insider Sentiment Shares ETF are Lincoln National ( LNC), Stone Energy ( SGY), MetLife ( MET), HollyFrontier ( HFC), Valero ( VLO), Smithfield Foods ( SFD), Gannett ( GCI), Tyson Foods ( TSN), La-Z-Boy ( LZB) and Hess ( HES), each with a weighting of 2.1% or greater. The second insider ETF launched this month is the Direxion Large-Cap Insider Sentiment Shares ETF ( INSD), which targets the Sabrient Large-Cap Insider/Analyst Quant-Weighted Index. The ETF includes 100 of the companies in the index, all of which also reflect positive sentiment among insiders. The top holdings of this second insider ETF are nearly identical to the first, including Lincoln National, MetLife, Valero, Gannett, Tyson and Hess. The ETF's 10 biggest positions are rounded out with Ameriprise Financial ( AMP), Northrop Grumman ( NOC), Lexmark International ( LXK) and Marathon Oil ( MRO). The concept behind the ETFs is a tried-and-true strategy on Wall Street: You want to buy companies that management is buying. There's no better sign of confidence than an executive with intimate knowledge of the inner workings of a company putting their money where his mouth is. -- Written by Robert Holmes in Boston. >To contact the writer of this article, click here: Robert Holmes. >To follow Robert Holmes on Twitter, go to http://twitter.com/RobTheStreet. >To submit a news tip, send an email to: firstname.lastname@example.org.