MAX S&P 500 4X Leveraged ETN (SPYU) Dividend Yield, History & Forecast

MAX S&P 500 4X Leveraged ETN (SPYU) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $549M.

SPYU fund composition

It charges an expense ratio of 2.95%, and manages $583.9M.

Sector allocation

Financial Services18.3%Healthcare17.0%Consumer Cyclical15.1%Communication Services13.0%Industrials11.1%Consumer Defensive8.6%Energy4.8%Utilities3.9%Other8.2%

Frequently Asked Questions about MAX S&P 500 4X Leveraged ETN (SPYU)

What does MAX S&P 500 4X Leveraged ETN invest in?
These notes are designed for sophisticated investors who engage in short-term market activities, providing tools to manage intraday trading risks as part of a well-diversified investment strategy. Their objective is to achieve specific investment targets on a daily basis. Specifically, these ETNs are structured to deliver a 4x leveraged long exposure, multiplying the daily performance of the underlying index. It's important to note that this performance is calculated prior to the subtraction of various charges, including the Daily Investor Fee, Daily Financing Charge, and any potential...