Key stats
About Direxion Daily CSCO Bear 1X ETF
Home page
Inception date
Jun 25, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
ALPS Distributors, Inc.
CSCS is a short-term tactical tool that aims to deliver -1x the price return, less fees and expenses, for a single day of Cisco Systems, Inc. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -1x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CSCS assets under management is 2.47 M USD. It's fallen 1.03% over the last month.
CSCS fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CSCS doesn't pay dividends to its holders.
CSCS shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Jun 25, 2025, and its management style is Passive.
CSCS expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
CSCS follows the Cisco Systems, Inc. - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CSCS trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.