CSCL vs. TMF
CSCL (Direxion Daily CSCO Bull 2X Shares) and TMF (Direxion Daily 20+ Year Treasury Bull 3X ETF) are both exchange-traded funds - CSCL is a Leveraged Equities fund managed by Direxion, while TMF is a Leveraged Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index (300%). Over the past year, CSCL returned 163.57% vs -0.04% for TMF. At a correlation of -0.00, they often move in opposite directions. CSCL charges 1.07%/yr vs 1.01%/yr for TMF.
Performance
CSCL vs. TMF - Performance Comparison
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Returns By Period
In the year-to-date period, CSCL achieves a 118.33% return, which is significantly higher than TMF's 0.08% return.
CSCL
- 1D
- -2.38%
- 1M
- -3.03%
- YTD
- 118.33%
- 6M
- 112.00%
- 1Y
- 163.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TMF
- 1D
- 3.90%
- 1M
- 10.18%
- YTD
- 0.08%
- 6M
- -2.86%
- 1Y
- -0.04%
- 3Y*
- -19.78%
- 5Y*
- -30.25%
- 10Y*
- -16.47%
CSCL vs. TMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CSCL Direxion Daily CSCO Bull 2X Shares | 118.33% | 20.73% |
TMF Direxion Daily 20+ Year Treasury Bull 3X ETF | 0.08% | -0.12% |
Correlation
The correlation between CSCL and TMF is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025 | -0.00 |
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Return for Risk
CSCL vs. TMF — Risk / Return Rank
CSCL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TMF
CSCL vs. TMF - 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 20+ Year Treasury Bull 3X ETF (TMF). 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.
| CSCL | TMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.02 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.00 | — |
| Martin ratioReturn relative to average drawdown | — | -0.00 | — |
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Drawdowns
CSCL vs. TMF - Drawdown Comparison
The maximum CSCL drawdown since its inception was -27.15%, smaller than the maximum TMF drawdown of -92.89%. Use the drawdown chart below to compare losses from any high point for CSCL and TMF.
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Drawdown Indicators
| CSCL | TMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.15% | -92.89% | +65.74% |
Max Drawdown (1Y)Largest decline over 1 year | -27.15% | -26.51% | -0.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -56.09% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -88.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.89% | — |
Current DrawdownCurrent decline from peak | -16.20% | -91.71% | +75.51% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -43.78% | +34.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 12.28% | — |
Volatility
CSCL vs. TMF - Volatility Comparison
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Volatility by Period
| CSCL | TMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.26% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 62.02% | 28.15% | +33.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.02% | 46.63% | +15.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.02% | 43.87% | +18.15% |
CSCL vs. TMF - Expense Ratio Comparison
CSCL has a 1.07% expense ratio, which is higher than TMF's 1.01% expense ratio.
Dividends
CSCL vs. TMF - Dividend Comparison
CSCL's dividend yield for the trailing twelve months is around 1.17%, less than TMF's 3.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CSCL Direxion Daily CSCO Bull 2X Shares | 1.17% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TMF Direxion Daily 20+ Year Treasury Bull 3X ETF | 3.95% | 4.06% | 4.29% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% |
Frequently Asked Questions
CSCL and TMF have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, CSCL leads with 163.57% vs -0.04% for TMF. On fees, TMF is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CSCL has performed better with a 163.57% return vs -0.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TMF is cheaper with a 1.01% expense ratio, compared with 1.07% for CSCL.
TMF has the higher dividend yield at 3.95%, compared with 1.17% for CSCL.
CSCL is categorized as Leveraged Equities, while TMF is Leveraged Bonds. Their fees differ too: 1.07% for CSCL and 1.01% for TMF.
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