{"url":"https://etfiq.com/compare/leverage/cscl-vs-cscs","section":"compare","title":"CSCL vs CSCS: which held to its multiple? | ETFIQ","description":"CSCL sets out to return +2 times CSCO each day and CSCS -1 times. Over the three months to Sep 30, 2026 they finished \u22124.2 pts and \u22121.0 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, CSCL or CSCS?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, CSCL finished 4.2 points from what its multiple implies and CSCS finished 1.0 points from its own, so CSCS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are CSCL and CSCS levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Cisco Systems, CSCL at +2 times and CSCS at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, CSCL or CSCS?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window CSCL\u2019s moved at 34% annualized and CSCS\u2019s at 34%, so CSCL has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold CSCL or CSCS for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, CSCL or CSCS?","acceptedAnswer":{"@type":"Answer","text":"CSCL charges 1.07% a year and CSCS charges 1.00%, so CSCS is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"CSCL vs CSCS","item":"https://etfiq.com/compare/leverage/cscl-vs-cscs"}]},{"@type":"WebPage","name":"CSCL vs CSCS: which held to its multiple?","description":"CSCL sets out to return +2 times CSCO each day and CSCS -1 times. Over the three months to Sep 30, 2026 they finished \u22124.2 pts and \u22121.0 pts away.","url":"https://etfiq.com/compare/leverage/cscl-vs-cscs","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, CSCL finished 2.2 points short and CSCS 1.4 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CSCL and CSCS","description":"CSCL sets out to return +2 times CSCO each day and CSCS -1 times. Over the three months to Sep 30, 2026 they finished \u22124.2 pts and \u22121.0 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/cscl-vs-cscs","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6842,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / CSCL vs CSCS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n CSCL vs CSCS: which held to its multiple?\n\n Over three months against its own daily promise, CSCL finished 2.2 points short and CSCS 1.4 points over.\n Copy this for sharing \n \n Direxion Daily CSCO Bull 2X ETF and Direxion Daily CSCO Bear 1X ETF.\n\n Download as PDF \n\n \u221219.5% CSCL returned, 3 months \n +6.7% CSCS returned, 3 months \n \u22124.2 pts CSCL from its stated multiple \n \u22121.0 pts CSCS from its stated multiple \n\n ETFIQ Decay Resistance Score: CSCL scores higher\n Did it kee","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/cscl-vs-cscs","a":{"ticker":"CSCL","name":"Direxion Daily CSCO Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CSCL returned \u221219.5% where its own daily promise gave \u221217.3%, 2.2 points short.","url":"https://etfiq.com/funds/cscl","key_facts":[{"label":"What CSCO did","value":"\u22127.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221217.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221219.5%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$15m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.07%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"CSCS","name":"Direxion Daily CSCO Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CSCS returned +6.7% where its own daily promise gave +5.3%, 1.4 points over.","url":"https://etfiq.com/funds/cscs","key_facts":[{"label":"What CSCO did","value":"\u22127.7%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"+5.3%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+6.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$2m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.00%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/cscl-vs-cscs"}