CarMax, Inc vs ProShares Ultra Semiconductors — how do they compare? CarMax, Inc trades at $55.91 (market cap $7.93B), while ProShares Ultra Semiconductors trades at $90.1. Which is the better fit depends on your goals.
| KMX | USD | |
|---|---|---|
Market Cap | $7.93B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $63.53 | $113.53 |
52-Week Low | $30.88 | $39.58 |
Enterprise Value | $26.44B | — |
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 →USD is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Semiconductors™ Index. It is a tactical instrument designed for sophisticated traders looking to magnify short-term bullish views on the U.S. semiconductor industry, specifically focusing on large-cap leaders in the chip and equipment space.
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