JPMorgan Ultra Short Income ETF vs CarMax, Inc — how do they compare? JPMorgan Ultra Short Income ETF trades at $50.5, while CarMax, Inc trades at $55.91 (market cap $7.93B). The key difference: CarMax, Inc is trading nearer its 52-week high, JPMorgan Ultra Short Income ETF nearer its low. Which is the better fit depends on your goals.
| JPST | KMX | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $50.78 | $63.53 |
52-Week Low | $50.40 | $30.88 |
Market Cap | — | $7.93B |
Enterprise Value | — | $26.44B |
Trailing returns across standard periods
JPST is an actively managed ETF that invests in short-term, investment-grade fixed income securities. It aims to provide current income and capital preservation while maintaining high liquidity.
Read more on JPST →CarMax sells, finances, and services used and new cars through a chain of over 230 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue and wholesale about 13%, with the remaining portion composed of extended service plans and repair. In fiscal 2022, the company retailed and wholesaled 924,338 and 706,212 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the U.S. but still estimates that it has only about 4% U.S. market share of vehicles 0-10 years old in 2021. It seeks over 5% share by the end of calendar 2025 and revenue between $33 billion to $45 billion by fiscal 2026. CarMax is based in Richmond, Virginia.
Read more on KMX →