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MAX S&P 500 4x Leveraged ETN

SPYU

Market cap $249M

31.17 USD

+1.50

5.06%

At close Updated Nov 11, 4:00 PM EST

Pre-market

After hours

30.63

-0.54

1.73%

1 day

5.06%

5 days

-5.17%

1 month

-13.34%

3 months

-14.01%

6 months

-6.73%

Year to date

12.98%

1 year

8.87%

5 years

150.36%

10 years

150.36%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 0%

Negative 100%

24/7 Wall Street

A 4X S&P 500 ETN Now Exists. A 10% Market Drop Cuts It Nearly in Half and Investors Are Buying Anyway

The S&P 500 is supposed to be the boring part of your portfolio. By buying an S&P 500 fund, the idea is that you gain access to 500 of America's largest companies, keep costs low, and let compounding do the work.

A 4X S&P 500 ETN Now Exists. A 10% Market Drop Cuts It Nearly in Half and Investors Are Buying Anyway

BMO Announces Upcoming Splits of Three Series of its Exchange Traded Notes (NYSE Arca: BULZ, SHNY and SPYU)

NEW YORK, Feb. 12, 2026 /PRNewswire/ - Bank of Montreal ("BMO") today announced that it will be implementing splits of three series of its outstanding Exchange Traded Notes listed in the table below (each, an "ETN" and, collectively, the "ETNs"). Each split is expected to be effective at the open of trading on February 24, 2026 (the "Ex-Date").

BMO Announces Upcoming Splits of Three Series of its Exchange Traded Notes (NYSE Arca: BULZ, SHNY and SPYU)

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 management fees, making internal structure less relevant. SPYU is best used for short-term speculation or hedging, not as a core investment or buy-and-hold strategy.

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

Zacks Investment Research

5 Leveraged ETFs That Skyrocketed on 90-Day Tariff Pause

We highlight five leveraged ETFs that soared on Wall Street???s comeback after the announcement of a 90-day tariff pause.

5 Leveraged ETFs That Skyrocketed on 90-Day Tariff Pause

Zacks Investment Research

5 Best Leveraged ETFs of 2024

We highlight a bunch of the best-performing leveraged equity ETFs of 2024.

5 Best Leveraged ETFs of 2024

Top 3 ETFs for Bullish Investors Post-Election

In the period following the U.S. presidential election of 2024, financial markets are preparing for a second Trump administration and, with it, the potential for a host of new financial policies, regulations, and other decisions likely to impact the economy. It remains early to predict the exact nature of these changes, but the market has generally moved upward since the date of the election, with the S&P 500 climbing about 3.2% since that day.

Top 3 ETFs for Bullish Investors Post-Election

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-beating returns over the long run. Having said the above, many individual investors might want to stay away from this ETN due to its potential for causing irreparable damage to a portfolio, if not handled right.

SPYU: A Great ETN For Savvy Investors

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 investment vehicle due to the potential for permanent capital impairment. However, the built in volatility is interesting from a portfolio construction standpoint.

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

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 sector. Of course, that doesn't mean they should.

XXXX Is Investing On Steroids: The Rise And Risks Of Leveraged ETNs

ETF assets have grown at a 15% CAGR since 2010, outpacing traditional mutual funds. ETFs now offer both passive and active investment strategies, including leveraged and volatility-related products. The MAXTM SPX 500® 4X Leveraged ETN leverages the S&P 500 by 4x, but holding it long-term can lead to disappointing returns.

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