CSCL vs. SPUU

Last updated Jun 5, 2026

CSCL (Direxion Daily CSCO Bull 2X Shares) and SPUU (Direxion Daily S&P 500 Bull 2x Shares) are both Leveraged Equities funds from Direxion. At a 0.40 correlation, their price movements are largely independent. CSCL charges 1.07%/yr vs 0.64%/yr for SPUU.

Performance

CSCL vs. SPUU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSCO Bull 2X Shares (CSCL) and Direxion Daily S&P 500 Bull 2x Shares (SPUU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSCL achieves a 160.53% return, which is significantly higher than SPUU's 20.66% return.

CSCL

• 1D: 5.31%
• 1M: 84.09%
• YTD: 160.53%
• 6M: 153.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPUU

• 1D: 0.70%
• 1M: 9.03%
• YTD: 20.66%
• 6M: 19.95%
• 1Y: 54.50%
• 3Y*: 38.69%
• 5Y*: 20.36%
• 10Y*: 24.74%

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

CSCL vs. SPUU - Yearly Performance Comparison

	2026 (YTD)	2025
CSCL Direxion Daily CSCO Bull 2X Shares	160.53%	20.48%
SPUU Direxion Daily S&P 500 Bull 2x Shares	20.66%	23.28%

Correlation

The correlation between CSCL and SPUU is 0.40, 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 26, 2025	0.40

CSCL vs. SPUU - Sectors Allocation Comparison

Sectors	CSCL	SPUU
Technology	100.0%	16.5%
Basic Materials	-	0.7%
Communication Services	-	4.6%
Consumer Cyclical	-	4.2%
Consumer Defensive	-	2.0%
Energy	-	1.4%
Financial Services	-	4.8%
Healthcare	-	3.6%
Industrials	-	3.3%
Real Estate	-	0.8%
Utilities	-	1.1%

Return for Risk

CSCL vs. SPUU — Risk / Return Rank

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

SPUU

SPUU Risk / Return Rank: 67
SPUU Sharpe Ratio Rank: 72
SPUU Sortino Ratio Rank: 63
SPUU Omega Ratio Rank: 64
SPUU Calmar Ratio Rank: 62
SPUU Martin Ratio Rank: 72

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.

CSCL vs. SPUU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSCO Bull 2X Shares (CSCL) and Direxion Daily S&P 500 Bull 2x Shares (SPUU). 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.

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

Sharpe Ratios by Period

	CSCL	SPUU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.29	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.89	0.64	+3.26

Drawdowns

CSCL vs. SPUU - Drawdown Comparison

The maximum CSCL drawdown since its inception was -27.15%, smaller than the maximum SPUU drawdown of -59.35%. Use the drawdown chart below to compare losses from any high point for CSCL and SPUU.

Drawdown Indicators

	CSCL	SPUU	Difference
Max Drawdown Largest peak-to-trough decline	-27.15%	-59.35%	+32.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.19%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-35.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.35%	—
Current Drawdown Current decline from peak	0.00%	-0.58%	+0.58%
Average Drawdown Average peak-to-trough decline	-8.49%	-9.50%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.12%	—

Volatility

Volatility by Period

	CSCL	SPUU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	61.12%	23.88%	+37.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.12%	33.46%	+27.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.12%	35.76%	+25.36%

CSCL vs. SPUU - Expense Ratio Comparison

CSCL has a 1.07% expense ratio, which is higher than SPUU's 0.64% expense ratio.

Dividends

CSCL vs. SPUU - Dividend Comparison

CSCL's dividend yield for the trailing twelve months is around 0.74%, less than SPUU's 1.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSCL Direxion Daily CSCO Bull 2X Shares	0.74%	1.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPUU Direxion Daily S&P 500 Bull 2x Shares	1.33%	1.63%	0.55%	0.83%	0.88%	3.04%	8.03%	1.80%	5.50%	6.96%	8.08%	4.42%

Frequently Asked Questions

Can I hold both CSCL and SPUU in my portfolio?

CSCL and SPUU have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSCL or SPUU?

On fees, SPUU is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSCL or SPUU?

SPUU is cheaper with a 0.64% expense ratio, compared with 1.07% for CSCL.

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

SPUU has the higher dividend yield at 1.33%, compared with 0.74% for CSCL.

What is the main difference between CSCL and SPUU?

Their fees differ too: 1.07% for CSCL and 0.64% for SPUU.