Get early access! Join the Twelve Data AI Assistant waitlist now.

XXXX

43 USD
3.11
6.74%
Last update Aug 1, 3:59 PM EDT
Market closed
Day range
42.28000
44.30000
Previous close
46.11000
Open
44.29000
Access this ETF data via API
Subscribe
MAX S&P 500 4X Leveraged ETN
43.00
3.11
6.74%

Overview

Description

Max S&P 500 4x Leveraged ETN is an exchange-traded note designed to provide investors with a way to gain exposure to the performance of the S&P 500 Index, magnified by a factor of four. It is structured to amplify the daily returns of the index, offering four times the exposure to its movements. This makes it a compelling instrument for those seeking potent short-term exposure in their portfolio with a reduced initial capital requirement compared to investing directly in the index. The Max S&P 500 4x Leveraged ETN's value can fluctuate significantly due to its leverage, mirroring the performance of multiple industries covered by the S&P 500 such as technology, healthcare, and financials. As a financial product, it plays a significant role in strategies focused on tactical asset allocation and short-term market positioning. Its ease of trading on exchanges and liquidity allows sophisticated investors to capitalize on rapid market movements, making it an influential tool in the financial markets for those looking to maximize index returns within a short timeframe.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 7 hours 5 minutes

20:54
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).