(SPYU) MAX S P 500 4X Leveraged ETN - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 536m USD | Total Return: 98% in 12m
Avg Turnover: 31.3M
Warnings
No concerns identified
Tailwinds
Supp Ema8
SPYU is a leveraged exchange-traded note (ETN) designed to provide 4x daily long exposure to the S&P 500 Index. The instrument functions as a tactical trading tool for sophisticated investors seeking to amplify daily market movements before accounting for financing charges and management fees.
Leveraged ETNs operate as unsecured debt obligations issued by a financial institution, rather than holding a basket of physical underlying stocks. This structure exposes investors to the credit risk of the issuer in addition to the inherent volatility of the 400% daily leverage target.
Due to the effects of daily rebalancing and compounding, long-term returns may deviate significantly from the fourfold performance of the underlying index. You can further evaluate these risk factors and historical performance metrics on ValueRay.
- S&P 500 daily price volatility drives 4x leveraged returns
- High federal funds rates increase daily financing charges
- Compounding tracking error erodes value during non-trending market periods
- Broad equity market sentiment dictates underlying index performance momentum
As of May 29, 2026, the stock is trading at USD 35.71 with a total of 700,356 shares traded.
Over the past week, the price has changed by +6.63%,
over one month by +22.97%,
over three months by +34.30% and
over the past year by +97.95%.
MAX S P 500 4X Leveraged ETN has no consensus analysts rating.