CSCS vs. BRKD

Last updated Jun 5, 2026

CSCS (Direxion Daily CSCO Bear 1X Shares) and BRKD (Direxion Daily BRKB Bear 1X Shares) are both Inverse Equities funds from Direxion. At a 0.03 correlation, their price movements are largely independent. Both charge a 1.00% expense ratio.

Performance

CSCS vs. BRKD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSCO Bear 1X Shares (CSCS) and Direxion Daily BRKB Bear 1X Shares (BRKD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSCS achieves a -43.85% return, which is significantly lower than BRKD's 5.90% return.

CSCS

• 1D: -2.65%
• 1M: -29.36%
• YTD: -43.85%
• 6M: -43.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRKD

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.90%
• 6M: 6.21%
• 1Y: 6.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSCS vs. BRKD - Yearly Performance Comparison

	2026 (YTD)	2025
CSCS Direxion Daily CSCO Bear 1X Shares	-43.85%	-11.22%
BRKD Direxion Daily BRKB Bear 1X Shares	5.90%	-0.70%

Correlation

The correlation between CSCS and BRKD is 0.03, 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 26, 2025	0.03

Return for Risk

CSCS vs. BRKD — Risk / Return Rank

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

BRKD

BRKD Risk / Return Rank: 17
BRKD Sharpe Ratio Rank: 17
BRKD Sortino Ratio Rank: 17
BRKD Omega Ratio Rank: 17
BRKD Calmar Ratio Rank: 18
BRKD Martin Ratio Rank: 15

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.

CSCS vs. BRKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSCO Bear 1X Shares (CSCS) and Direxion Daily BRKB Bear 1X Shares (BRKD). 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

	CSCS	BRKD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.71	0.04	-1.75

Drawdowns

CSCS vs. BRKD - Drawdown Comparison

The maximum CSCS drawdown since its inception was -51.58%, which is greater than BRKD's maximum drawdown of -17.92%. Use the drawdown chart below to compare losses from any high point for CSCS and BRKD.

Drawdown Indicators

	CSCS	BRKD	Difference
Max Drawdown Largest peak-to-trough decline	-51.58%	-17.92%	-33.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.34%	—
Current Drawdown Current decline from peak	-51.58%	-3.69%	-47.89%
Average Drawdown Average peak-to-trough decline	-13.86%	-7.73%	-6.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.78%	—

Volatility

Volatility by Period

	CSCS	BRKD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.66%	13.32%	+17.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.66%	17.23%	+13.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.66%	17.23%	+13.43%

CSCS vs. BRKD - Expense Ratio Comparison

Both CSCS and BRKD have an expense ratio of 1.00%.

Dividends

CSCS vs. BRKD - Dividend Comparison

CSCS's dividend yield for the trailing twelve months is around 4.13%, more than BRKD's 2.82% yield.

Position	TTM	2025
BRKD Direxion Daily BRKB Bear 1X Shares	2.82%	3.50%
CSCS Direxion Daily CSCO Bear 1X Shares	4.13%	1.72%

Frequently Asked Questions

Can I hold both CSCS and BRKD in my portfolio?

CSCS and BRKD have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSCS or BRKD?

Both ETFs have the same 1.00% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSCS or BRKD?

CSCS and BRKD have the same expense ratio: 1.00% per year.

Which ETF pays a higher dividend yield, CSCS or BRKD?

CSCS has the higher dividend yield at 4.13%, compared with 2.82% for BRKD.