COIG vs. CSCL

Last updated Jun 23, 2026

COIG (Leverage Shares 2X Long COIN Daily ETF) and CSCL (Direxion Daily CSCO Bull 2X Shares) are both Leveraged Equities funds. At a 0.27 correlation, their price movements are largely independent. COIG charges 0.75%/yr vs 1.07%/yr for CSCL.

Performance

COIG vs. CSCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long COIN Daily ETF (COIG) and Direxion Daily CSCO Bull 2X Shares (CSCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COIG achieves a -62.75% return, which is significantly lower than CSCL's 125.19% return.

COIG

• 1D: 1.70%
• 1M: -24.51%
• YTD: -62.75%
• 6M: -69.27%
• 1Y: -85.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSCL

• 1D: 3.45%
• 1M: 0.01%
• YTD: 125.19%
• 6M: 117.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COIG vs. CSCL - Yearly Performance Comparison

	2026 (YTD)	2025
COIG Leverage Shares 2X Long COIN Daily ETF	-62.75%	-67.79%
CSCL Direxion Daily CSCO Bull 2X Shares	125.19%	20.73%

Correlation

The correlation between COIG and CSCL is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.27

Return for Risk

COIG vs. CSCL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COIG

COIG Risk / Return Rank: 3
COIG Sharpe Ratio Rank: 4
COIG Sortino Ratio Rank: 3
COIG Omega Ratio Rank: 3
COIG Calmar Ratio Rank: 1
COIG Martin Ratio Rank: 3

CSCL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COIG vs. CSCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long COIN Daily ETF (COIG) and Direxion Daily CSCO Bull 2X Shares (CSCL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	COIG	CSCL	Difference
Sharpe ratio: Return per unit of total volatility	-0.63	—	—
Sortino ratio: Return per unit of downside risk	-1.05	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.92	—	—
Martin ratio: Return relative to average drawdown	-1.24	—	—

Drawdowns

COIG vs. CSCL - Drawdown Comparison

The maximum COIG drawdown since its inception was -92.67%, which is greater than CSCL's maximum drawdown of -27.15%. Use the drawdown chart below to compare losses from any high point for COIG and CSCL.

Drawdown Indicators

	COIG	CSCL	Difference
Max Drawdown Largest peak-to-trough decline	-92.67%	-27.15%	-65.52%
Max Drawdown (1Y) Largest decline over 1 year	-92.67%	—	—
Current Drawdown Current decline from peak	-91.63%	-13.57%	-78.06%
Average Drawdown Average peak-to-trough decline	-53.05%	-8.74%	-44.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	68.85%	—	—

Volatility

Volatility by Period

	COIG	CSCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	101.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	135.60%	62.19%	+73.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.26%	62.19%	+83.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.26%	62.19%	+83.07%

COIG vs. CSCL - Expense Ratio Comparison

COIG has a 0.75% expense ratio, which is lower than CSCL's 1.07% expense ratio.

Dividends

COIG vs. CSCL - Dividend Comparison

COIG has not paid dividends to shareholders, while CSCL's dividend yield for the trailing twelve months is around 0.86%.

Position	TTM	2025
COIG Leverage Shares 2X Long COIN Daily ETF	0.00%	0.00%
CSCL Direxion Daily CSCO Bull 2X Shares	0.86%	1.31%

Frequently Asked Questions

Can I hold both COIG and CSCL in my portfolio?

COIG and CSCL have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COIG or CSCL?

On fees, COIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COIG or CSCL?

COIG is cheaper with a 0.75% expense ratio, compared with 1.07% for CSCL.

Which ETF pays a higher dividend yield, COIG or CSCL?

CSCL has the higher dividend yield at 0.86%, compared with 0.00% for COIG.

What is the main difference between COIG and CSCL?

They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for COIG and 1.07% for CSCL.