CSCS

Direxion Daily CSCO Bear 1X ETF

$21.51

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Direxion Daily CSCO Bear 1X ETF (CSCS) seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the common stock of Cisco Systems, Inc. (CSCO).

Overview

ETF tracking Direxion Daily CSCO Bear 1X ETF

Category Inverse

Issuer Other

Inception Date 2025-06-25

Market Cap $2.2M

Average Volume N/A

Dividend Yield 1.06%

52-Week Range $21.52 - $25.62

VWAP $21.69

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily CSCO Bear 1X ETF (CSCS) seeks to provide daily investment results that correspond to the inverse (-1x) of the daily performance of the common stock of Cisco Systems, Inc. (CSCO).

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to gain short exposure to the performance of CSCO. This allows investors to potentially profit when CSCO's stock price declines.

✨ Key Features

Provides -1x daily inverse exposure to Cisco Systems, Inc. stock
Designed for short-term, tactical trading rather than long-term buy-and-hold
Resets daily, so performance may not match the inverse of CSCO over longer periods
Very low assets under management and expense ratio of 0.00%

⚠️ Primary Risks

Inverse and leveraged ETFs can be highly volatile and are not suitable for all investors
Daily rebalancing can lead to performance drift from the underlying asset over time
Potential for significant losses if the underlying stock rises in value
Low trading volume and assets under management increase liquidity risk

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who seek short-term, tactical exposure to declines in Cisco Systems' stock price. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.