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52.94000 USD
1.03
1.98%
Last update Sep 18, 3:59 PM EDT
Main market
Day range
51.79000
53.18000
Previous close
51.91000
Open
52.25
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MAX S&P 500 4X Leveraged ETN
52.94
1.03
1.98%

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
Main market

Exchange is currently active.
Closing in 1 hour 11 minutes

14:48
00:00
09:30
16:00
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).