# MAX S&P 500 4X Leveraged ETN (SPYU) — Overview

SPYU · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/spyu

## Price

Last close $34.50 on Oct 16, 2026. 52-week range $18.70 – $37.49.

## Fund profile

SPYU is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies.

| Metric | Value |
| --- | --- |
| Issuer | BMO |
| Industry | — |
| Inception | Dec 7, 2023 |
| Assets under management | $556.0M |
| Expense ratio | 2.95% |
| Net asset value | $34.75 (as of Oct 15, 2026) |
| Distributions | — |
| Leverage | 4x |

## Frequently Asked Questions

### What is MAX S&P 500 4X Leveraged ETN (SPYU)?

SPYU is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies.

### What is SPYU's expense ratio?

MAX S&P 500 4X Leveraged ETN charges an annual expense ratio of 2.95%. The fund is issued by BMO.

### How large is SPYU?

MAX S&P 500 4X Leveraged ETN manages $556.0M in assets and has traded since Dec 7, 2023.

### How do I buy shares of MAX S&P 500 4X Leveraged ETN (SPYU)?

SPYU trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).