MVIS United Arab Emirates Index

The modified market cap-weighted index tracks the performance of the largest and most liquid companies in the United Arab Emirates (UAE). Its unique pure-play approach expands local exposure to include non-local companies that generate at least 50% of their revenues in UAE. The MVIS United Arab Emirates Index (MVARE) covers at least 90% of the investable universe. Most demanding size and liquidity screenings are applied to potential index components.

Index Performance

Index performance of price, total return net and total return gross indices is displayed in realtime.

PeriodPriceTotal Return NetTotal Return Gross
Year-to-Date Performance-16.22%-12.32%-
1-Year Performance-15.69%-11.38%-
3-Year Performance-27.54%-17.28%-
5-Year Performance-37.88%-23.36%-
Since Inception (31 Mar 2006)-52.87%-25.10%-

Index Records

Index highs and lows of price, total return net and total return gross indices are displayed in realtime.

PeriodPriceTotal Return NetTotal Return Gross
All Time High/Low1,068.18 / 253.54 1,193.60 / 266.12 -
52-Weeks High/Low608.58 / 359.80 921.08 / 551.43 -
Quarter High/Low471.28 / 463.11 749.04 / 736.06 -
Month High/Low474.26 / 460.31 750.00 / 730.11 -

Index Correlation and Volatility

Index correlation to selected index peers and index volatility are updated daily.

Index Correlation
MSCI United Arab Emirates IMI0.9650
FTSE NASDAQ UAE 200.9641
ADX General0.8971
Index Volatility
1-month Volatility11.66
1-year Volatility26.37

Component Performance

Displayed are the best and worst index components over a selected period of time. Data is updated daily.

Best 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC-35.11%-31.59%0.20%
AIR ARABIA PJSC25.35%-17.47%1.67%
ALDAR PROPERTIES COMPANY2.21%-8.20%0.55%
ARABTEC HOLDING PJSC-57.09%-47.44%17.91%
ARAMEX PJSC-16.28%-1.74%1.83%
DANA GAS-21.54%-22.68%8.49%
DUBAI FINANCIAL MARKET PJSC21.79%-11.61%2.24%
DUBAI INVESTMENTS PJSC-7.26%-11.54%0.00%
DUBAI ISLAMIC BANK PJSC-16.76%-22.50%0.77%
EMAAR PROPERTIES PJSC-38.62%-31.59%2.61%
FIRST ABU DHABI BANK PJSC-20.24%-22.02%0.00%
UNION PROPERTIES PJSC-10.21%9.52%0.00%
EMAAR MALLS PJSC-26.87%-19.67%5.00%
DAMAC PROPERTIES DUBAI CO PJSC-17.74%1.08%4.60%
EMIRATES TELECOMMUNICATIONS CORP6.11%6.29%-0.83%
AMANAT HOLDINGS PJSC-7.53%12.36%1.35%
ORASCOM CONSTRUC-16.21%-31.09%3.28%
ABU DHABI NATIONAL OIL CO FOR20.57%3.77%0.00%
EMAAR DEVELOPMENT PJSC-45.41%-45.41%3.38%
ABU DHABI ISLAMIC BANK PJSC-11.46%-24.10%0.53%
WAHAT AL ZAWEYA HOLDING22.75%17.70%0.00%
EMIRATES NBD PJSC-14.38%-28.15%-0.45%
INTERNATIONAL HOLDINGS CO PJSC2,020.83%375.48%0.20%
NETWORK INTERNATIONAL HOLDINGS PLC-23.55%-34.91%-2.01%
AIMIA-20.95%-17.22%-2.80%
Worst 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC-35.11%-31.59%0.20%
AIR ARABIA PJSC25.35%-17.47%1.67%
ALDAR PROPERTIES COMPANY2.21%-8.20%0.55%
ARABTEC HOLDING PJSC-57.09%-47.44%17.91%
ARAMEX PJSC-16.28%-1.74%1.83%
DANA GAS-21.54%-22.68%8.49%
DUBAI FINANCIAL MARKET PJSC21.79%-11.61%2.24%
DUBAI INVESTMENTS PJSC-7.26%-11.54%0.00%
DUBAI ISLAMIC BANK PJSC-16.76%-22.50%0.77%
EMAAR PROPERTIES PJSC-38.62%-31.59%2.61%
FIRST ABU DHABI BANK PJSC-20.24%-22.02%0.00%
UNION PROPERTIES PJSC-10.21%9.52%0.00%
EMAAR MALLS PJSC-26.87%-19.67%5.00%
DAMAC PROPERTIES DUBAI CO PJSC-17.74%1.08%4.60%
EMIRATES TELECOMMUNICATIONS CORP6.11%6.29%-0.83%
AMANAT HOLDINGS PJSC-7.53%12.36%1.35%
ORASCOM CONSTRUC-16.21%-31.09%3.28%
ABU DHABI NATIONAL OIL CO FOR20.57%3.77%0.00%
EMAAR DEVELOPMENT PJSC-45.41%-45.41%3.38%
ABU DHABI ISLAMIC BANK PJSC-11.46%-24.10%0.53%
WAHAT AL ZAWEYA HOLDING22.75%17.70%0.00%
EMIRATES NBD PJSC-14.38%-28.15%-0.45%
INTERNATIONAL HOLDINGS CO PJSC2,020.83%375.48%0.20%
NETWORK INTERNATIONAL HOLDINGS PLC-23.55%-34.91%-2.01%
AIMIA-20.95%-17.22%-2.80%
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