CarMax, Inc vs ProShares UltraShort Bloomberg Natural Gas ETF — how do they compare? CarMax, Inc trades at $58.03 (market cap $8.26B), while ProShares UltraShort Bloomberg Natural Gas ETF trades at $27.86. The key difference: CarMax, Inc is trading nearer its 52-week high, ProShares UltraShort Bloomberg Natural Gas ETF nearer its low. Which is the better fit depends on your goals.
| KMX | KOLD | |
|---|---|---|
Market Cap | $8.26B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $62.17 | $49.39 |
52-Week Low | $30.88 | $13.58 |
Enterprise Value | $26.77B | — |
Trailing returns across standard periods
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 →KOLD is an inverse leveraged ETF that seeks to provide two times (2x) the inverse daily performance of the Bloomberg Natural Gas Subindex. It is designed for investors looking to profit from falling natural gas prices.
Read more on KOLD →