Summary
MAX S&P 500 4X Leveraged ETN is an ETF - a fund traded on an exchange like a stock - run by Max.
- Yearly costs
- 2.95%
- Fund size
- $530.4M
- Dividends
- Reinvested
- Running since
- 2023
What speaks for it
- Easy to buy and sell: about $22.9M changes hands a day.
What to watch
- Costs of 2.95% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 62% from its high.
- A young fund: it has been running only since 2023.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.5%
- 3 months
- +3.6%
- This year
- +18%
- 1 year
- +15%
Where is it spread?
Spread outBy sector
- Financials 18%
- Healthcare 17%
- Consumer cyclical 15%
- Communication services 13%
- Industrials 11%
- Other 26%
Largest sector: Financials (18%).
What does it cost me?
Expensive- A year from $10,000
- $295
- Over 20 years
- $11,527
From every $10,000 invested the fund takes $295 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $11,527.
How has it done?
Growing over the long run- Over the last year
- +15%
- Deepest drop
- -62%
- Yearly volatility
- 50%
Growth over the last year: 15%. Deepest drop in these years: 62% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
Very easy- Traded a day
- $22.9M
- Shares a day
- 711K
On an average day about $22.9M of the fund changes hands.