Direxion Daily CSCO Bear 1X ETF (CSCS) Performance
CSCS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −33.5% since Dec 31, 2025
- 1 year
- −39.1% total return
- Since first price
- −41.0% since 2025
CSCS trailing returns vs SPY, QQQ, AGG
| Period | CSCS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.6% | −0.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.3% | +3.4% | +3.2% | +1.9% | −0.4% |
| 6 months | −21.4% | −22.6% | +7.8% | +8.4% | −1.5% |
| YTD | −33.5% | −35.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −39.1% | −40.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 25, 2025 | −41.0% | −43.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CSCS vs SPY
From Jun 25, 2025: CSCS grew to $5,904, SPY to $12,688.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CSCS returns by calendar year
2026 is year to date.
CSCS annual returns table
| Year | CSCS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −33.5% | −46.3% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CSCS largest drawdowns
Now 42.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 15, 2025 | −51.6% | Jun 4, 2026 | not yet | 10 months | 1.2 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CSCS risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −33.8% |
| Volatility (annualized) | 27.7% |
| Sharpe ratio | -1.45 |
| Sortino ratio | -1.40 |
| Best month | +4.4% |
| Worst month | −25.6% |
| Best 12 months | −41.3% |
| Worst 12 months | −45.2% |
| Positive months | 53% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CSCS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 5 | −45.2% | −42.0% | −36.7% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
CSCS performance overview
Direxion Daily CSCO Bear 1X ETF (CSCS) returned −39.1% over the past year, with distributions reinvested. Since its first recorded price on Jun 25, 2025 it has returned −41.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −51.6%, from Aug 15, 2025 to Jun 4, 2026; the fund has not yet regained that high. Volatility has been 27.7% a year.
Related: CSCS chart, CSCS dividends. See the CSCS overview for the latest quote and fund facts.
CSCS performance FAQ
What is the CSCS return over the past year?
CSCS returned −39.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 40.9%.
How much would $10,000 invested in CSCS be worth?
$10,000 invested in CSCS at its first recorded close on June 25, 2025 would be worth about $5,904 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CSCS?
The largest peak-to-trough decline was −51.6% between August 15, 2025 and June 4, 2026. It has not yet recovered to that high; it is 42.6% below its peak.
How volatile is CSCS?
Over the past history CSCS had an annualized volatility of 27.7% and a Sharpe ratio of -1.45 (excess return over 1–3 month T-bills per unit of risk).