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
1Carvana Co. (CVNA)18.75%
2Atlanticus Holdings Corp. (ATLC)17.71%
3CarMax, Inc. (KMX)14.25%
4OPENLANE, Inc. (KAR)13.17%
5America's Car-Mart, Inc. (CRMT)12.72%
6TrueCar, Inc. (TRUE)11.73%
7Cargurus, 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%$0.506B13.58%90.35%1.85x
CarMax, Inc. (KMX)14.25%$11.424B-25.55%9.60%0.99x
OPENLANE, Inc. (KAR)13.17%$1.640B13.86%41.23%2.55x
America's Car-Mart, Inc. (CRMT)12.72%$0.519B10.37%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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