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

NYSEARCA: XXXX · IEX Real-Time Price · USD
34.25
+1.61 (4.93%)
May 3, 2024, 4:00 PM EDT - Market closed
4.93%
Assets $110.46M
Expense Ratio 2.95%
PE Ratio n/a
Shares Out 729.25M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 2,272,511
Open 34.21
Previous Close 32.64
Day's Range 33.56 - 34.59
52-Week Low 24.46
52-Week High 39.73
Beta 3.91
Holdings n/a
Inception Date Dec 7, 2023

About XXXX

Fund Home Page

The MAX S&P 500 4X Leveraged ETN (XXXX) is an exchange-traded fund 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. XXXX 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 XXXX
ETF Provider Max
Index Tracked S&P 500

News

A new product allows 5x leveraged bets on the Magnificent Seven. Traders should be wary.

Investors can now make turbocharged bets on or against the Magnificent Seven group of stocks due to the launch of an exchange-traded product offering five times leverage on the hot megacap technology ...

Other symbols: MAGQMAGSMAGX
5 weeks ago - Market Watch

‘Is this a stock market, or a casino?' New 4X leverage S&P 500 ETN met with caution

An exchange-traded product that allows investors to place massively leveraged bets on the S&P 500 launched on Tuesday, according to a news release from the sponsor, Bank of Montreal.

5 months ago - Market Watch

There's now a juiced-up way to get 4 times the return of the S&P 500 — but it comes with many risks

BMO announced the launch of the Max SPX 500 4x leveraged ETNs, which will be the highest leveraged exchange traded products in the U.S., according to CFRA.

5 months ago - CNBC