Used Car Marketplaces (Inverse)
Index overview
-9.32%
3 months- TickerUSEDCARZ
- Inception Date10/06/2022
- WeightingCustom
- Number of holdings7
Description
Used car prices shot up during the pandemic, but with rate increases and recession risk in late 2022, sales are starting to fall off a cliff. This inverse index tracks a collection of USA based, used car marketplaces through the dip.
Performance
Used Car Marketplaces (Inverse)
USEDCARZ
6.86%
SP500
10.42%
DJI
6.93%
Quick stats
What's inside?
Top 10 holdings
Company | % of Index | |
1 | Carvana Co. (CVNA) | 18.75% |
2 | Atlanticus Holdings Corp. (ATLC) | 17.71% |
3 | CarMax, Inc. (KMX) | 14.25% |
4 | OPENLANE, Inc. (KAR) | 13.17% |
5 | America's Car-Mart, Inc. (CRMT) | 12.72% |
6 | TrueCar, Inc. (TRUE) | 11.73% |
7 | Cargurus, Inc. (CARG) | 11.67% |
Holdings
All holdings as of May 31, 2023
CSV download
Carvana Co. (CVNA) | 18.75% | $1.372B | -25.48% | 9.71% | 0.66x |
Atlanticus Holdings Corp. (ATLC) | 17.71% | $0.506B | 13.58% | 90.35% | 1.85x |
CarMax, Inc. (KMX) | 14.25% | $11.424B | -25.55% | 9.60% | 0.99x |
OPENLANE, Inc. (KAR) | 13.17% | $1.640B | 13.86% | 41.23% | 2.55x |
America's Car-Mart, Inc. (CRMT) | 12.72% | $0.519B | 10.37% | 42.00% | 0.78x |
TrueCar, Inc. (TRUE) | 11.73% | $0.202B | -15.05% | 78.27% | 0.45x |
Cargurus, Inc. (CARG) | 11.67% | $2.129B | -46.13% | 65.17% | 1.33x |
Market data by Xignite
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