All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

SPYU: Total Return Chart (with Dividends Reinvested)

SPYU total return snapshot: SPYU returned +40.10% over the past year and +17.80% YTD, with dividends reinvested. Since Dec. 5, 2023, SPYU is up +159.44% in nominal total return, or +43.24%/yr, and is currently −11.53% below its total-return high on Jun. 2, 2026.

Data ending Fri Jul. 31, 2026

Growth of $10,000

Tue 2023-12-05💬 to Fri 2026-07-31 Overall
Return 		Exponential
Trendline
SPYU × 		+159.44%
+43.24%/yr 		+26.26%/yr
R2=0.536
MAX S P 500 4X Leveraged ETN Exchange-Traded Fund

Growth of $10,000 Summary

Tue 2023-12-05💬 to Fri 2026-07-31 Start
Value 		End
Value
SPYU × 		$10,000.00
2023-12-05 		$25,943.78
2026-07-31

This Year’s Performance

through 2026-07-31

  YTD YoY
SPYU × 		+17.80% +40.10%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
SPYU × 		−11.53%
on 2026-07-31
from 2026-06-02 peak 		−62.27%
on 2025-04-08
from 2024-12-04 peak

Rolling Returns

Period ending Fri 2026-07-31 1 yr 2 yr 3 yr 5 yr 10 yr
SPYU × 		+40.10% +52.07%
+23.32%/yr 		— — —

Annual Returns

Year SPYU
2026 (YTD) +17.80%
2025 +17.36%
2024 +61.36%
2023 +16.31%