Summary
SPYU
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return 51.18% Volatility 71.75% Sharpe 0.20
Official loaded data — not a live quote.

MAX S&P 500 4X Leveraged ETN

Symbol: SPYU

Exchange: NYSE

Sector: Financial_Services

Category: Trading--Leveraged Equity

Inception date: 04/12/2023

Latest date: 16/07/2026

Current price: $33.57

Expense ratio: 0.00%

Assets under management
$533.7M
-0.91% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-1.38%

Ann. -90.21% (Sharpe / Sortino numerator)

Volatility

71.05%

Sharpe ratio

-1.321

VaR 95%

-7.10%

CVaR 95%: -7.34%
Max drawdown: -28.87%
Sortino ratio: -2.292
Calmar ratio: -3.12

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

21.10%

Ann. -63.69% (Sharpe / Sortino numerator)

Volatility

57.05%

Sharpe ratio

-1.180

VaR 95%

-6.55%

CVaR 95%: -7.44%
Max drawdown: -36.31%
Sortino ratio: -1.702
Calmar ratio: -1.75

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

17.25%

Ann. -39.54% (Sharpe / Sortino numerator)

Volatility

53.61%

Sharpe ratio

-0.805

VaR 95%

-6.40%

CVaR 95%: -7.76%
Max drawdown: -37.25%
Sortino ratio: -1.078
Calmar ratio: -1.06

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

51.18%

Ann. 18.15% (Sharpe / Sortino numerator)

Volatility

71.75%

Sharpe ratio

0.202

VaR 95%

-6.68%

CVaR 95%: -11.09%
Max drawdown: -37.25%
Sortino ratio: 0.234
Calmar ratio: 0.49

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

39.47%

Ann. 6.73% (Sharpe / Sortino numerator)

Volatility

64.13%

Sharpe ratio

0.048

VaR 95%

-6.71%

CVaR 95%: -9.94%
Max drawdown: -62.27%
Sortino ratio: 0.057
Calmar ratio: 0.11

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

216.10%

Ann. 59.30% (Sharpe / Sortino numerator)

Volatility

62.61%

Sharpe ratio

0.890

VaR 95%

-6.40%

CVaR 95%: -9.40%
Max drawdown: -62.27%
Sortino ratio: 1.087
Calmar ratio: 0.95

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.214%

Best day

11.444%

31/03/2026
Worst day

-10.585%

10/10/2025
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $33.88 $34.22 $33.03 $33.57 655,300
15/07/2026 $34.18 $34.45 $33.49 $34.30 714,800
14/07/2026 $33.65 $34.05 $33.27 $33.94 987,600
13/07/2026 $33.92 $34.21 $33.15 $33.35 774,600
10/07/2026 $33.95 $34.50 $33.22 $34.43 1,409,300
09/07/2026 $33.16 $33.96 $32.85 $33.88 895,800
08/07/2026 $32.44 $32.95 $31.79 $32.84 1,012,700
07/07/2026 $33.75 $33.86 $32.89 $33.24 535,300
06/07/2026 $33.44 $34.13 $33.28 $33.94 536,700
02/07/2026 $33.26 $33.96 $32.00 $32.84 1,049,300