CSCS vs. YXI

Last updated Jun 4, 2026

CSCS (Direxion Daily CSCO Bear 1X Shares) and YXI (ProShares Short FTSE China 50) are both Inverse Equities funds. At a 0.15 correlation, their price movements are largely independent. CSCS charges 1.00%/yr vs 0.95%/yr for YXI.

Performance

CSCS vs. YXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily CSCO Bear 1X Shares (CSCS) and ProShares Short FTSE China 50 (YXI). 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 YXI's 8.21% return.

CSCS

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

YXI

• 1D: 1.95%
• 1M: 2.80%
• YTD: 8.21%
• 6M: 9.88%
• 1Y: 0.05%
• 3Y*: -11.68%
• 5Y*: -2.65%
• 10Y*: -8.25%

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

CSCS vs. YXI - Yearly Performance Comparison

	2026 (YTD)	2025
CSCS Direxion Daily CSCO Bear 1X Shares	-42.32%	-11.22%
YXI ProShares Short FTSE China 50	8.21%	-2.84%

Correlation

The correlation between CSCS and YXI is 0.15, 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	0.15

Return for Risk

CSCS vs. YXI — Risk / Return Rank

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

YXI

YXI Risk / Return Rank: 9
YXI Sharpe Ratio Rank: 9
YXI Sortino Ratio Rank: 9
YXI Omega Ratio Rank: 9
YXI Calmar Ratio Rank: 9
YXI Martin Ratio Rank: 9

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. YXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily CSCO Bear 1X Shares (CSCS) and ProShares Short FTSE China 50 (YXI). 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	YXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.67	-0.30	-1.37

Drawdowns

CSCS vs. YXI - Drawdown Comparison

The maximum CSCS drawdown since its inception was -50.80%, smaller than the maximum YXI drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for CSCS and YXI.

Drawdown Indicators

	CSCS	YXI	Difference
Max Drawdown Largest peak-to-trough decline	-50.80%	-81.15%	+30.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-53.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-57.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.92%	—
Current Drawdown Current decline from peak	-50.26%	-77.90%	+27.64%
Average Drawdown Average peak-to-trough decline	-13.70%	-54.31%	+40.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.18%	—

Volatility

Volatility by Period

	CSCS	YXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.62%	19.97%	+10.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.62%	31.40%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.62%	27.42%	+3.20%

CSCS vs. YXI - Expense Ratio Comparison

CSCS has a 1.00% expense ratio, which is higher than YXI's 0.95% expense ratio.

Dividends

CSCS vs. YXI - Dividend Comparison

CSCS's dividend yield for the trailing twelve months is around 4.02%, more than YXI's 2.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CSCS Direxion Daily CSCO Bear 1X Shares	4.02%	1.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YXI ProShares Short FTSE China 50	2.84%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%

Frequently Asked Questions

Can I hold both CSCS and YXI in my portfolio?

CSCS and YXI have a correlation of 0.15, 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 YXI?

On fees, YXI is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSCS or YXI?

YXI is cheaper with a 0.95% expense ratio, compared with 1.00% for CSCS.

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

CSCS has the higher dividend yield at 4.02%, compared with 2.84% for YXI.

What is the main difference between CSCS and YXI?

They also come from different issuers: Direxion and ProShares. Their fees differ too: 1.00% for CSCS and 0.95% for YXI.