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CSCS vs TSDD

Direxion Daily CSCO Bear 1X ETF

CSCSCNasdaq

GraniteShares 2x Short TSLA Daily ETF

TSDDANasdaq

Overlap

Expense ratio

TSDD −0.02pt a year

CSCS1.00%TSDD0.98%

Avg volume · 30D

TSDD 783.9×the volume

CSCS12.9KTSDD10.1M

CSCS vs TSDD Performance

Nov 7, 2025 – Nov 9, 2026

−34.4%CSCS−27.6%TSDD

Nov 7, 2025 to Nov 9, 2026. CSCS −34.4%. TSDD −27.6%. Use the arrow keys to read each point.0%20%Nov 2025May 2026Nov 2026
Expense ratio
CSCS 1.00%
TSDD 0.98%, better
Fund size
CSCS $2M
TSDD $37M
1Y total return
CSCS −34.4%
TSDD −27.6%, better
Yield (12M)
CSCS 3.28%
TSDD 9.91%, better
Holdings
CSCS 4
TSDD 1
Avg volume (30D)
CSCS 12.9K sh
TSDD 10.1M sh, better
NAV per share
CSCS $15.92
TSDD $7.38
52W range

ETF.net Grade

CSCS: Cost 89, Risk 57, Mission 96, Tradability 26, Holdings not scored, Durability 43. TSDD: Cost 94, Risk 49, Mission 98, Tradability 80, Holdings not scored, Durability 72.
Pillar letters and Scores for CSCS, TSDD, with each pillar’s weight
PillarCSCSTSDD
Cost30% weightA89A94Higher
Mission25% weightA96A98Higher
Risk15% weightB57HigherC49
Tradability15% weightD26A80Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC43A72Higher

Rank among Single-Stock Inverse funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CSCS and TSDD are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

TSDD ranks 2nd and CSCS 27th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 84
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 83
  3. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  4. Rank 26CSNDQTradr 2X Short SNDK Daily ETFScore 42
  5. Rank 27CCSCSDirexion Daily CSCO Bear 1X ETFScore 40
  6. Rank 27CNFXSDirexion Daily NFLX Bear 1X ETFScore 40

Our read on each fund

ETF.net Research

CSCSCDirexion Daily CSCO Bear 1X ETF

TSDDAGraniteShares 2x Short TSLA Daily ETF

In short

CSCS A straight bet against Cisco, the networking giant: CSCS aims for -100% of CSCO's daily move, no leverage stacked on top, in a category crowded with 2x and 3x shorts.

TSDD Tesla bears pick their dosage; this is the double. TSDD aims for -2x TSLA's move each day, reset daily, at 0.95% net of a waiver through December 31, 2026. Designed as a short-term tool, not a buy-and-forget holding.

Stated mandate

CSCS The fund seeks daily investment results, before fees and expenses, equal to 100% of the inverse performance of Cisco Systems, Inc. common shares.

TSDD The fund seeks daily results before fees and expenses equal to negative 200% of the daily percentage change in Tesla's common stock. It is designed as a short-term inverse leveraged vehicle.

Why people hold it

  • CSCS The daily target is -100% of Cisco's move, not -2x or -3x. The inverse exposure comes without a leverage multiplier amplifying each day's swing.direxion.com
  • Costs 1.00% net of a waiver through September 1, 2027, below the category median fee across the 54 peers with fee data.
  • Short exposure arrives as an ordinary fund share: no margin account, no shares to borrow, no short-sale position to maintain overnight.direxion.com
  • Since its June 2025 launch, day-to-day results have tracked the stated inverse target closely.
  • TSDD 0.95% net of a waiver through December 31, 2026 (1.13% gross) undercuts fellow 2x short Tesla fund TSLZ at 1.05% and matches 1x bear TSLS at 0.95%, for double the daily exposure.
  • Hews closely to its stated -2x daily target, one of the tighter implementations among single-stock bear funds.
  • Heavily traded for an inverse single-stock fund, so getting in and out is rarely a chore.
  • A 1940 Act ETF that uses swaps and options on TSLA to sit near 200% short at each close: no margin account or stock borrow on your end.graniteshares.com

Worth knowing

  • CSCS One stock, no diversification cushion, and a daily reset: hold past a day and your result depends on Cisco's path, not just where the stock lands.direxion.com
  • Smaller and more thinly traded than the headline names in this category, so spreads can run wider. Limit orders matter here.
  • That 1.00% is a waived rate. Gross is 2.99%, and the waiver runs only through September 1, 2027.
  • TSDD The -2x target resets every day. Hold longer and compounding pulls results away from -2x TSLA's cumulative move, in either direction.graniteshares.com
  • One stock, geared twice: a sharp TSLA rally bites just as hard in reverse. Risk is the highest-octane part of this package.
  • A small fund, and the fee waiver runs through December 31, 2026; after that costs can step up toward the 1.13% gross level.

Full CSCS profile⁠

Full TSDD profile⁠

CSCS vs TSDD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CSCS vs TSDD Cost

Overpaying CSCS vs TSDD

$326

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CSCS 1.00%

    $18,688

  • TSDD 0.98%

    $18,362

$10,000
30 years

Cost over time

  • CSCS 1.00%
  • TSDD 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530CSCS $18,688TSDD $18,362

Year by year

YearCSCSTSDDOverpaying
10$1,763$1,729$34
20$6,625$6,504$121
30$18,688$18,362$326

Expense ratio

  • 1.00%CSCS
  • 0.98%TSDD, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

TSDD 5th cheapest of 43 funds

CSCS 8th cheapest of 43 funds

CSCS vs TSDD Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
CSCS 3.28%
TSDD 9.91%, better
Payout (12M)
CSCS $0.50
TSDD $0.65
Last payment
CSCS $0.11
TSDD $0.65
Ex-dividend
CSCS Sep 22, 2026
TSDD Dec 29, 2025
Paid on
CSCS Sep 29, 2026
TSDD Dec 31, 2025
Frequency
CSCS Quarterly
TSDD Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

CSCSQuarterly · 5 paymentsAll CSCS payments⁠
One bar per payment. 5 payments from 2023 to 2026 YTD. Sep 23, 2025 $0.23; Dec 23, 2025 $0.15; Mar 24, 2026 $0.13; Jun 23, 2026 $0.11; Sep 22, 2026 $0.11. Use the arrow keys to read each point.$0$5020232026YTD
TSDDIrregular · 2 paymentsAll TSDD payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $77.34; Dec 29, 2025 $0.65. Use the arrow keys to read each point.$0$5020232026YTD

CSCS vs TSDD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CSCS 27.1%since Jul 2025TSDD 100.6%
Return per unit of riskSharpe ratio, 3 years
CSCS −1.34since Jul 2025TSDD −0.87
Worst fallMax drawdown, 5 years
CSCS −51.6%since Jun 2025TSDD −99.1%since Aug 2023
Market sensitivityBeta, 5 years
CSCS −1.45TSDD −2.40

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