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SPYUMAX S&P 500 4X Leveraged ETN

Take a bet2y track recordRanked #169 of 995 in this goal

Seeks to provide a return linked to a four times leveraged participation in the daily performance of the S&P 500® Total Return Index.

By Bank of Montreal · Launched 2023

Annual Cost

0.00%

#6,040 of 6,040 · expensive

Fund Size

$559M

#1,579 of 6,040 · large

Return (1Y)

+28.6%

Track Record

2 years

#3,248 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,922+29.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

Index tracked

S&P 500 Total Return Index

Holdings

By weight

Asset allocation

Stocks
100.0%

By sector

Financial Services
18.3%
Healthcare
17.0%
Consumer Cyclical
15.1%
Communication
13.0%
Industrials
11.1%
Consumer Defensive
8.6%
Energy
4.8%
Utilities
3.9%
Other
8.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
50.9%High

Year-on-year price swings

Max drawdown
-62.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide a return linked to a four times leveraged participation in the daily performance of the S&P 500® Total Return Index.
Strategy
Offers a four times leveraged exposure to the performance of the S&P 500® Total Return Index, calculated daily. Not suitable for long-term investment; designed for daily trading by sophisticated investors.
Inception date
December 4, 2023
Fund family
Bank of Montreal

Next steps

Save SPYU to compare it with other funds, or start building a portfolio.

Data updated on 2026-09-18