CSCS vs. NVDU

Last updated Jun 4, 2026

CSCS (Direxion Daily CSCO Bear 1X Shares) and NVDU (Direxion Daily NVDA Bull 2X Shares ETF) are both exchange-traded funds - CSCS is a Inverse Equities fund managed by Direxion, while NVDU is a Leveraged Equities fund actively managed by Direxion. At a correlation of -0.22, they often move in opposite directions. CSCS charges 1.00%/yr vs 1.04%/yr for NVDU.

Performance

CSCS vs. NVDU - 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 NVDA Bull 2X Shares ETF (NVDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSCS achieves a -42.32% return, which is significantly lower than NVDU's 19.93% return.

CSCS

• 1D: 1.10%
• 1M: -28.69%
• YTD: -42.32%
• 6M: -41.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDU

• 1D: -7.30%
• 1M: 14.13%
• YTD: 19.93%
• 6M: 27.09%
• 1Y: 84.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSCS vs. NVDU - Yearly Performance Comparison

	2026 (YTD)	2025
CSCS Direxion Daily CSCO Bear 1X Shares	-42.32%	-11.22%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	19.93%	30.26%

Correlation

The correlation between CSCS and NVDU is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	-0.22

Return for Risk

CSCS vs. NVDU — Risk / Return Rank

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

NVDU

NVDU Risk / Return Rank: 34
NVDU Sharpe Ratio Rank: 34
NVDU Sortino Ratio Rank: 35
NVDU Omega Ratio Rank: 33
NVDU Calmar Ratio Rank: 40
NVDU Martin Ratio Rank: 31

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. NVDU - 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 NVDA Bull 2X Shares ETF (NVDU). 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	NVDU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.67	1.14	-2.81

Drawdowns

CSCS vs. NVDU - Drawdown Comparison

The maximum CSCS drawdown since its inception was -50.80%, smaller than the maximum NVDU drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for CSCS and NVDU.

Drawdown Indicators

	CSCS	NVDU	Difference
Max Drawdown Largest peak-to-trough decline	-50.80%	-67.27%	+16.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.27%	—
Current Drawdown Current decline from peak	-50.26%	-18.32%	-31.94%
Average Drawdown Average peak-to-trough decline	-13.70%	-18.84%	+5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.47%	—

Volatility

Volatility by Period

	CSCS	NVDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.62%	68.02%	-37.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.62%	91.06%	-60.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.62%	91.06%	-60.44%

CSCS vs. NVDU - Expense Ratio Comparison

CSCS has a 1.00% expense ratio, which is lower than NVDU's 1.04% expense ratio.

Dividends

CSCS vs. NVDU - Dividend Comparison

CSCS's dividend yield for the trailing twelve months is around 4.02%, less than NVDU's 4.83% yield.

Position	TTM	2025	2024	2023
CSCS Direxion Daily CSCO Bear 1X Shares	4.02%	1.72%	0.00%	0.00%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	4.83%	5.68%	16.85%	0.63%

Frequently Asked Questions

Can I hold both CSCS and NVDU in my portfolio?

CSCS and NVDU have a correlation of -0.22, 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 NVDU?

On fees, CSCS is cheaper at 1.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSCS or NVDU?

CSCS is cheaper with a 1.00% expense ratio, compared with 1.04% for NVDU.

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

NVDU has the higher dividend yield at 4.83%, compared with 4.02% for CSCS.

What is the main difference between CSCS and NVDU?

CSCS is categorized as Inverse Equities, while NVDU is Leveraged Equities. Their fees differ too: 1.00% for CSCS and 1.04% for NVDU.