CSCL

Direxion Daily CSCO Bull 2X ETF

$31.46

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The Direxion Daily CSCO Bull 2X ETF (CSCL) seeks to provide 2x the daily return of the common stock of Cisco Systems, Inc. (CSCO).

Overview

ETF tracking Direxion Daily CSCO Bull 2X ETF

Category Leveraged

Issuer Other

Inception Date 2025-06-25

Market Cap $5.5M

Average Volume N/A

Dividend Yield 0.65%

52-Week Range $23.44 - $31.51

VWAP $31.13

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Direxion Daily CSCO Bull 2X ETF (CSCL) seeks to provide 2x the daily return of the common stock of Cisco Systems, Inc. (CSCO).

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide leveraged exposure to the performance of CSCO. It does not actually hold shares of the underlying stock.

✨ Key Features

Provides 2x the daily return of Cisco Systems, Inc. stock
Uses derivatives to achieve leveraged exposure
Resets daily, so longer-term returns may differ from 2x the underlying
Very small fund with no assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's return and 2x the daily return of CSCO
Counterparty risk associated with the derivative instruments
Low trading volume and assets under management pose liquidity risks

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a very short-term investment horizon who are looking for leveraged exposure to Cisco Systems stock. It is not recommended for long-term buy-and-hold investors due to the compounding effects of daily resetting leverage.