MAX S&P 500 4X Leveraged ETN (SPYU)

NYSEARCA: SPYU · Real-Time Price · USD
43.04
-0.17 (-0.39%)
Jul 1, 2025, 12:22 PM - Market open
-0.39%
Assets $333.46M
Expense Ratio 2.95%
PE Ratio n/a
Shares Out 8.00M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Frequency n/a
Payout Ratio n/a
Volume 457,841
Open 42.76
Previous Close 43.21
Day's Range 42.54 - 43.25
52-Week Low 18.15
52-Week High 55.39
Beta n/a
Holdings 1
Inception Date Dec 7, 2023

About SPYU

Fund Home Page

The MAX S&P 500 4X Leveraged ETN (SPYU) is an exchange-traded note that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. SPYU was launched on Dec 7, 2023 and is issued by Max.

Asset Class Equity
Category Trading--Leveraged Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPYU
ETF Provider Max
Index Tracked S&P 500

Performance

SPYU had a total return of 2.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 42.27%.

News

SPYU: Great Trading Leverage, But Not A Buy And Hold

SPYU is a 4x leveraged ETN designed for daily trading, not long-term holding, due to compounding and daily reset effects. The key risk is issuer credit (Bank of Montreal), not underlying holdings or m...

22 days ago - Seeking Alpha

SPYU: A Great ETN For Savvy Investors

MAX S&P 500 4X Leveraged ETN is a risky investment that could seriously hurt someone's life savings. However, if used as a relatively small piece of a larger puzzle, SPYU could help to deliver market-...

10 months ago - Seeking Alpha

Use SPYU's 4x Leverage Tactically To Boost Your Portfolio's Risk/Reward Substantially

You've likely heard of 3x Leveraged ETFs - welcome to SPYU, the first 4x levered ETN that tracks the S&P 500. The extreme leverage employed by this fund immediately disqualifies it as a long-term inve...

1 year ago - Seeking Alpha