SPYU
MAX S&P 500 4X Leveraged ETN
7월 28일 1:48 PM ET (한국 7/29 02:48)
$31.17
-0.03 ▼ -0.10%
SPYU ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.
Total Expense Ratio
0.95%
Annual operating cost
Net Assets (AUM)
$499M
약 6831억원
Holdings
-
Dividend Yield
-
Management Style
Passive
| Category | Equity - Leveraged / Inverse | Asset Type | Equities (Stocks) | Return% 1Y | 32.65% | Total Holdings | - | Perf Week | -2.35% |
| ETF Type | US Equities | Active/Passive | Passive | Return% 3Y | - | AUM | $499M | Perf Month | 0.16% |
| Expense | 0.95% | NAV | $31.17 | Return% 5Y | - | 52W High | -15.06% | Perf Quarter | 5.7% |
| Dividend TTM | - | Div Gr. 3/5Y | - | Return% 10Y | - | 52W Low | 69.68% | Perf Half Y | 11.32% |
| Flows% 1M | - | Flows% YTD | - | Return% SI | 41.7% | Volatility(W/M) | 3.15% 3.68% | Perf YTD | 13.68% |
| SMA20 | -5.3% | SMA50 | -6.23% | SMA200 | 9.01% | RSI (14) | 42.26 | Beta | 4.18 |
| IPO | 2023/12/5 | Prev Close | $31.2 | Perf Year | 30.34% | Avg Volume | 0.87M | Price | $31.17 |
MAX S&P 500 4X Leveraged ETN (SPYU) Investment Analysis
ETF Overview
MAX S&P 500 4X Leveraged ETN · Equity - Leveraged / Inverse
광범위 지수형 — 시총 버킷 미상의 광범위 지수 추종
2023년 상장, 3년 운영 중.
MAX S&P 500 4X Leveraged ETN은 S&P 500 지수 일간 성과의 4배 레버리지 수익을 추구하는 채권형 상품입니다. (※ 참고: 설명문에는 ETF-of-ETFs 및 자본 증식 내용이 있으나 티커명은 4배 레버리지 ETN으로 확인되므로 주의가 필요합니다.) 정상적인 상황에서 다양한 시가총액의 우량 기업들에 노출을 제공하는 다른 ETF들에 주로 투자합니다.
📘 SPYU ETF 자세히 알아보기 →U.S.equityETFsbonds
- 규모
- $499M 약 6831억원
- 운용사
- -
- 운용 방식
- 패시브 (지수 추종)
- 상장일
- 2023년
Cost Efficiency
Annual Expense Ratio · Category Rank · Long-Term Cost Impact
Average expense ratio — 0.95% annually
Mid-range within the Equity - Leveraged / Inverse category.
Effective Annual Expense Ratio (Net Expense Ratio)
평균권0.95%
My positionMid-range
Low range Average High range
Actual Cost Simulation by Investment Amount
$100.0M
Annual Expense Ratio
$950K
Save $20K per year vs. category average
Category Median Annual Cost
$970K
Based on expense ratio of 0.97%
10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)
$16.8M
17.4% of returns you could have earned goes to the fund manager due to fees
Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.
Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.
Cheaper alternatives in the same category
TOPW
Roundhill Top WeeklyPay ETF
0.32%
-0.63%p annually
FNGU
MicroSectors FANG+ 3X Leveraged ETNs
0.35%
-0.60%p annually
SPDN
Direxion Daily S&P 500 Bear 1X ETF
0.48%
-0.47%p annually
* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.
Long-Term Performance
1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense
Insufficient return data
+14.8%p vs. benchmark (SPY) over 1Y.
ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.
If you had invested 1 year(s) ago
$100.0M
Today's value
$132.7M
→
Total gain
+$32.6M
Annualized +32.6%
1 Year
2025.07 ~ 2026.07
Annualized +32.65%
평균권Outperformed the benchmark by 14.8%p annually
My positionMid-range
Low range Average High range
3 Years
2023.07 ~ 2026.07
Insufficient data
5 Years
2021.07 ~ 2026.07
Listed 2023/12 — under 5 years
10Y
2016.07 ~ 2026.07
Listed 2023/12 — under 10 years
3Y Cumulative Total Return Curve
2023-12-04 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.
SPYU · Price Only SPYU · Price + Cumulative Dividends SPYU · Dividend Reinvested S&P 500 (SPY)
100
200
300
ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.
Annual Return Comparison
ETF returns vs S&P 500 (SPY) by calendar year
SPYU S&P 500 (SPY)
+70%
0%
−70%
2023
2024
2025
2026 YTD
ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.
Win rate vs S&P 500 (SPY)
3 / 3Y
Consistently outperforms benchmark (100%)
+ 2026 YTD: Ahead (13.0% vs 8.5%)
2023 ✓
2024 ✓
2025 ✓
2026 ✓ YTD
ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.
Downside Capture
400%
Falls more than the benchmark — vulnerable in drawdowns
<85% (Defend) 85~110% (Track) >110% (Lag)
ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).
Risk Profile
Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History
Overall Risk Grade
High Risk
Significantly more volatile than the market average. Invest only with money you can afford to keep invested for the long haul.
Beta (market sensitivity)
하위 25%4.18
If the market rises +10% +41.8%
If the market falls -10% -41.8%
My positionBottom 25%
Low range Average High range
ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.
Average daily range (last 1 month)
평균권±3.68%
S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more
Annual volatility trend (past 10 years)
ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.
Max Drawdown · Past 10 years
-62.3%
2023-12-04 Worst -45% 2026-07-01
ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.
Sharpe Ratio (Risk-Adjusted Return)
0.77
Average — Moderate risk-adjusted returns
ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.
Estimated Monthly Maximum Loss (VaR 95%)
-18.8%
Historically, monthly losses exceeding this figure occurred only5%of the time.
ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.
Overall investment appeal
What this ETF fits best — strengths, weaknesses, and target investor profile
Strengths and weaknesses both present Check the fit below to see whether it matches your investing goal.
🎯 목적별 적합도
내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.
매우 적합
낮음
매우 낮음
보통
이런 분에게 어울려요
Long-term DCA and diversified investors
✅ 강점
- 🎯Outperforms benchmark by +14.8%p annually
⚠️ 약점·주의사항
특별한 약점이 보이지 않아요.
Category Peers
Category: Equity - Leveraged / Inverse
같은 카테고리 2종 중 AUM 1/2위 · 보수율 1/2위
카테고리: Equity - Leveraged / Inverse
ℹ️ 왜 비교해야 하나요?
같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 SPYU보다 유리, ▼ 표시는 SPYU보다 불리를 뜻해요.
| 티커 | ETF명 | 보수율 | AUM | 보유종목 | 배당률 | YTD | 1년 |
|---|---|---|---|---|---|---|---|
| SPYU | MAX S&P 500 4X Leveraged ETN | 0.95% | $499M | - | - | +13.68% | +30.34% |
| GraniteShares YieldBOOST QQQ ETF | 1.15% ▼ | $7M ▼ | 9 | 60.84% | - | -36.13% ▼ |
AUM 내림차순 정렬 · ▲ SPYU보다 유리 · ▼ SPYU보다 불리
Leveraged & Covered Call ETFs on the Same Theme
ETFs that approach the same theme with a different strategy
12 ETFs tracking the same theme as SPYU using leveraged or covered call strategies (Leverage 5 · Inverse 1 · Covered Call 6)
Not direct derivatives of SPYU, but ETFs that cover the same theme via a different strategy.
ℹ️ Which ETFs are included?
Among ETFs whose theme (category or sector) overlaps with SPYU, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.
⚠️ Caution: Long-Term Holding
Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.
Leverage 5 ETFs that amplify the same theme by 2-3x (high volatility)
MVPL
Miller Value Partners Leverage ETF
+0.10%
$24M
CEFD
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
-0.83%
$7M
BEGS
Rareview 2x Bull Cryptocurrency & Precious Metals ETF
+2.72%
$3M
YBTY
GraniteShares YieldBoost TopYielders ETF
-0.57%
$2M
YBST
GraniteShares YieldBoost Single Stock Universe ETF
-0.85%
$1M
Inverse 1 ETFs that bet on declines in the same theme
Covered Call & Options 6 ETFs that add a monthly dividend via covered calls on the same theme
FAQ
What kind of ETF is SPYU?
SPYU is an ETF in the Equity - Leveraged / Inverse category.
How many holdings does SPYU have?
SPYU's AUM is approximately $499M.
What is the 52-week high and low for SPYU?
SPYU has recorded a 52-week high of $36.70 and a low of $18.37.
면책조항: 본 콘텐츠는 참고 자료이며 투자 권유가 아닙니다. 모든 투자의 책임은 투자자 본인에게 있습니다.