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
Max S&P 500 4X Leveraged Etn (SPYU) Fund Flow Chart
Max S&P 500 4X Leveraged Etn (SPYU) 1 year Net Flows: 17M
SPYU ETF FAQ
What was SPYU’s price range in the past 12 months?
SPYU lowest ETF price was 29.86 and its highest was 55.39 in the past 12 months.
What is the AUM of SPYU?
As of Jan 29, 2025 The AUM of SPYU is 179.86M.
Is SPYU overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does SPYU pay dividends?
SPYU does not currently pay dividends.
How many shares outstanding does SPYU have?
SPYU has 3,500,000 shares outstanding.
Which hedge fund is a major shareholder of SPYU?
Currently, no hedge funds are holding shares in SPYU