MVIS Australia Equal Weight Index (AUD)

The index tracks the performance of the largest and most liquid companies incorporated in Australia and listed on the Australian Stock Exchange (ASX). The MVIS Australia Equal Weight Index (AUD) (MVMVW) includes non-local companies, incorporated outside Australia but with a listing on the ASX, that generate at least 50% of their revenues in Australia. The index is calculated in local currency and has been licensed to underlie financial products with currently USD 803.77 million in assets under management.

Country Weightings

The white area of the table shows the number of companies incorporated in a certain country and the country's weight in the index.
Countries marked with (*) are the home of non-local companies. Non-local companies are companies, incorporated in these countries, that generate at least 50% of their revenues in the index target.

The number of non-local companies is declared in column «non-local». The count of components and weights in the grey area is achieved by reassigning the non-local companies to the country or region covered by the index.

Australia86 98.90%1 87 100.00%
New Zealand (*)1 1.10%---
Total87 100.00%1 87 100.00%

Sector Weightings

The weighting of a certain sector in an index is based on the weightings of the index components allocated to this sector. The table below displays the number of index components by sectors.
The columns coloured in grey represent hypothetical values assuming that the index would not include non-local companies.

SectorComponentsWeightComponentsWeightDifferenceDifference %
Energy9 10.19%9 10.30%0 -0.11%
Materials19 22.03%19 22.28%0 -0.25%
Industrials11 12.51%11 12.65%0 -0.14%
Consumer Discretionary 6 6.91%6 6.98%0 -0.08%
Consumer Staples6 6.72%5 5.68%1 1.04%
Health Care6 6.96%6 7.03%0 -0.08%
Financials18 20.69%18 20.92%0 -0.23%
Information Technology5 5.97%5 6.04%0 -0.07%
Telecommunication Services4 4.65%4 4.71%0 -0.05%
Utilities3 3.37%3 3.41%0 -0.04%
Total87 100.00%86 100.00%

Size Weightings

  • Large-Cap: companies with a market capitalisation above 6,000 mln AUD
  • Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln AUD
  • Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln AUD
  • Micro-Cap: companies with a market capitalisation up to 200 mln AUD
SizeMarket CapComponentsWeight
Large-Cap1,646,182,180,800 AUD66 75.65%
Mid-Cap95,340,991,200 AUD21 24.35%
Total1,741,523,172,000 AUD87 100.00%