CSCS vs. TSLZ

Last updated Jun 25, 2026

CSCS (Direxion Daily CSCO Bear 1X Shares) and TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) are both Inverse Equities funds. Over the past year, CSCS returned -46.14% vs -52.57% for TSLZ. At a 0.20 correlation, their price movements are largely independent. CSCS charges 1.00%/yr vs 1.05%/yr for TSLZ.

Performance

CSCS vs. TSLZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSCO Bear 1X Shares (CSCS) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSCS achieves a -39.33% return, which is significantly lower than TSLZ's 14.62% return.

CSCS

• 1D: 0.93%
• 1M: 0.03%
• YTD: -39.33%
• 6M: -38.37%
• 1Y: -46.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSLZ

• 1D: 2.87%
• 1M: 21.75%
• YTD: 14.62%
• 6M: 32.94%
• 1Y: -52.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSCS vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)	2025
CSCS Direxion Daily CSCO Bear 1X Shares	-39.33%	-11.22%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	14.62%	-58.62%

Correlation

The correlation between CSCS and TSLZ is 0.20, 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	0.20

Return for Risk

CSCS vs. TSLZ — Risk / Return Rank

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

CSCS

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

TSLZ

TSLZ Risk / Return Rank: 4
TSLZ Sharpe Ratio Rank: 4
TSLZ Sortino Ratio Rank: 5
TSLZ Omega Ratio Rank: 5
TSLZ Calmar Ratio Rank: 3
TSLZ Martin Ratio Rank: 5

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. TSLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSCO Bear 1X Shares (CSCS) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ). 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.

	CSCS	TSLZ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.61	—
Sortino ratio: Return per unit of downside risk	—	-0.60	—
Omega ratio: Gain probability vs. loss probability	—	0.93	—
Calmar ratio: Return relative to maximum drawdown	—	-0.72	—
Martin ratio: Return relative to average drawdown	—	-0.92	—

Drawdowns

CSCS vs. TSLZ - Drawdown Comparison

The maximum CSCS drawdown since its inception was -51.58%, smaller than the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for CSCS and TSLZ.

Drawdown Indicators

	CSCS	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	-51.58%	-99.11%	+47.53%
Max Drawdown (1Y) Largest decline over 1 year	-51.58%	-72.88%	+21.30%
Current Drawdown Current decline from peak	-47.68%	-98.80%	+51.12%
Average Drawdown Average peak-to-trough decline	-15.57%	-75.74%	+60.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	57.36%	—

Volatility

Volatility by Period

	CSCS	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.11%	86.63%	-55.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.11%	116.81%	-85.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.11%	116.81%	-85.70%

CSCS vs. TSLZ - Expense Ratio Comparison

CSCS has a 1.00% expense ratio, which is lower than TSLZ's 1.05% expense ratio.

Dividends

CSCS vs. TSLZ - Dividend Comparison

CSCS's dividend yield for the trailing twelve months is around 4.70%, more than TSLZ's 0.60% yield.

Position	TTM	2025	2024	2023
CSCS Direxion Daily CSCO Bear 1X Shares	4.70%	1.72%	0.00%	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.60%	0.69%	2.08%	12.15%

Frequently Asked Questions

Can I hold both CSCS and TSLZ in my portfolio?

CSCS and TSLZ have a correlation of 0.20, 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 TSLZ?

On 1-year performance, CSCS leads with -46.14% vs -52.57% for TSLZ. 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 has performed better, CSCS or TSLZ?

Over the 1-year period, CSCS has performed better with a -46.14% return vs -52.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSCS or TSLZ?

CSCS is cheaper with a 1.00% expense ratio, compared with 1.05% for TSLZ.

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

CSCS has the higher dividend yield at 4.70%, compared with 0.60% for TSLZ.

What is the main difference between CSCS and TSLZ?

They also come from different issuers: Direxion and T-Rex. Their fees differ too: 1.00% for CSCS and 1.05% for TSLZ.