MVIS Mexico Equal Weight Index

The MVIS Mexico Equal Weight Index (MVMXEQ) index tracks the performance of the largest and most liquid companies incorporated in Mexico. In addition, it includes non-local companies, incorporated outside the Mexico, that generate at least 50% of their revenues in Mexico. The index is calculated in USD.

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.

CountryComponentsWeightNon-localComponentsWeight
Canada (*)3 11.25%---
United States (*)3 7.51%---
Luxembourg (*)1 1.79%---
United Kingdom (*)1 2.01%---
Mexico34 77.43%8 42 100.00%
Total42 100.00%8 42 100.00%

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 %
Materials11 27.87%5 13.88%6 13.99%
Industrials7 14.76%7 19.06%0 -4.30%
Consumer Discretionary 2 4.91%2 6.34%0 -1.43%
Consumer Staples9 21.96%8 24.83%1 -2.87%
Financials8 18.84%8 24.33%0 -5.49%
Information Technology1 2.72%0 0.00%1 2.72%
Telecommunication Services3 6.68%3 8.62%0 -1.95%
Utilities1 2.27%1 2.94%0 -0.66%
Total42 100.00%34 100.00%

Size Weightings

  • Large-Cap: companies with a market capitalisation above 6,000 mln USD
  • Mid-Cap: companies with a market capitalisation from 1,500 mln to 6,000 mln USD
  • Small-Cap: companies with a market capitalisation from 200 mln to 1,500 mln USD
  • Micro-Cap: companies with a market capitalisation up to 200 mln USD
SizeMarket CapComponentsWeight
Large-Cap249,198,802,300 USD13 30.19%
Mid-Cap90,974,247,400 USD25 60.15%
Small-Cap4,696,271,500 USD4 9.65%
Micro-Cap---
Total344,869,321,200 USD42 100.00%
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