Direxion Daily CSCO Bull 2X ETF (CSCL)

Profile

Direxion Daily CSCO Bull 2X ETF is a leveraged exchange-traded fund designed to provide daily investment results equal to 200% of the performance of Cisco Systems, Inc. common shares, before fees and expenses. Managed by Direxion, the fund uses swaps, options, and other financial instruments to create synthetic exposure to a single stock, making it a specialized tool for short-term tactical trading rather than broad market diversification. Its portfolio is concentrated in the communications equipment and information technology space through its focus on Cisco, a major provider of networking hardware, software, and enterprise technology solutions. The fund is non-diversified and is structured to reflect amplified daily movements in the underlying stock, which makes it distinct from traditional equity ETFs that track baskets of companies.