MAX S&P 500 4X Leveraged ETN

Symbol: SPYU

Exchange: NYSE ARCA

Sector: Financial_Services

Category: Trading--Leveraged Equity

Inception Date: 04/12/2023

Latest Date: 02/04/2026

Current Price: $21.50

Expense Ratio: 0.00%

Assets Under Management
$425.9M
6.23% daily change

Period Performance

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

Adjusted Return
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Performance Metrics

Return

-19.11%

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
Return

-22.06%

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
Return

-22.09%

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
Return

18.07%

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
Return

13.85%

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

Daily Returns for Period 12M

Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.

Methodology: adjusted prices + daily simple return
Average Daily Return

0.168%

Best Day

37.187%

09/04/2025
Worst Day

-24.264%

04/04/2025
Days with Data

251

Recent Price History (Last 90 Days)

Date Open High Low Close Volume
02/04/2026 $20.24 $21.74 $20.08 $21.50 2,170,800
01/04/2026 $21.29 $21.88 $21.18 $21.43 1,952,900
31/03/2026 $19.50 $20.95 $19.39 $20.84 2,810,500
30/03/2026 $19.65 $19.68 $18.37 $18.70 2,701,600
27/03/2026 $20.01 $20.03 $18.83 $18.96 2,491,600
26/03/2026 $21.31 $21.68 $20.36 $20.37 2,198,900
25/03/2026 $22.21 $22.51 $21.65 $21.96 1,444,800
24/03/2026 $21.26 $22.00 $21.07 $21.50 2,188,500
23/03/2026 $22.15 $22.74 $21.65 $21.83 4,533,800
20/03/2026 $22.05 $22.05 $20.45 $20.96 4,522,000