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The MAX S&P 500 Exchange Traded Notes (ETNs) offer investors a return linked to a four times leveraged participation in the daily performance of the S&P 500 Total Return Index. The ticker symbol of the Index is "SPXT". The Index is an equity index that is intended to provide an indication of the pattern of common stock price movement in the large capitalization segment of the United States equity market. The Index is a total return index, in which dividends paid on the applicable securities are included in the level of the Index.
Max S&P 500 4X Leveraged ETN trades on the ARCA stock market under the symbol SPYU.
As of December 18, 2025, SPYU stock price climbed to $53.10 with 676,060 million shares trading.
SPYU has a beta of 4.03, meaning it tends to be more sensitive to market movements. SPYU has a correlation of 0.99 to the broad based SPY ETF.
SPYU has a market cap of $424.80 million. This is considered a Small Cap stock.
SPYU has underperformed the market in the last year with a price return of -0.2% while the SPY ETF gained +13.1%. SPYU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.0% and -5.6%, respectively, while the SPY returned +2.9% and -1.1%, respectively.
SPYU support price is $49.74 and resistance is $53.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPYU shares will trade within this expected range on the day.
