MAX S&P 500 4X Leveraged ETN (SPYU) Price & Chart
SPYU ETF Chart & Stats
- Day’s Range
- $30.45 - $32.37
- 52-Week Range
- $18.37 - $37.82
- Previous Close
- $33.85
- Volume
- 971.04K
- Average Volume (3M)
- 691.27K
- AUM
- 542.04M
- NAV
- 31.35
- Expense Ratio
- 0.95%
- Holdings Count
- 0
- Beta
- 3.94
- Inception Date
- Dec 05, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 16,000,000
- Standard Deviation
- N/A
ETF Overview
MAX S&P 500 4X Leveraged ETN
The Max S&P 500 4X Leveraged ETN (Ticker: SPYU) is a sophisticated financial instrument designed for investors seeking amplified exposure to the performance of the S&P 500 Index. As a leveraged exchange-traded note, SPYU strives to deliver four times (4x) the daily return of the S&P 500, offering a powerful tool for sophisticated investors with a high risk tolerance. This product falls under the 'Size and Style' category, focusing specifically on the 'Large Cap' segment within a broad-based niche. SPYU caters to those who are bullish on large-cap equities and seek to maximize their potential returns over short periods. The note's underlying strategy involves leveraging derivatives to magnify the daily movements of its benchmark index, thus making it suitable primarily for tactical trading rather than long-term investment. Investors should be aware of the volatility and risks associated with leveraged products, including the potential for significant losses. Overall, SPYU offers an engaging opportunity for seasoned investors to capitalize on upward trends in the U.S. large-cap market, making it a compelling choice for those who can adeptly manage the associated risks and navigate the nuanced landscape of leveraged trading.
- Asset Class
- Equity
- Region
- North America
- Issuer
- Max
- Index Tracked
- S&P 500
- Ticker Symbol
- SPYU
