This index measures the default rates across auto loans. It is included in the S&P/Experian Consumer Credit Default Index Series which seeks to measure the balance-weighted proportion of consumer credit accounts that go into default for the first time each month.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors