Direxion Daily CSCO Bear 1X ETF (CSCS)
Direxion Daily CSCO Bear 1X ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $12.40, down 2.67% on the session, giving a market capitalisation of $1.5M. Its beta of -1.46 implies it has historically moved less than the broad market.
The Direxion Daily CSCO Bull 2X ETF and the Direxion Daily CSCO Bear 1X ETF are financial products engineered to deliver specific daily investment outcomes, measured before any fees or expenses are applied. The Bull 2X ETF is designed to achieve daily returns that are double the performance of Cisco Systems, Inc. (NASDAQ: CSCO) common shares. Conversely, the Bear 1X ETF aims to provide daily results equivalent to 100% of the opposite (or inverse) movement of Cisco's stock price.
Direxion Daily CSCO Bear 1X ETF is most often compared with the following Financial Services names: