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 Performance6.34%6.61%-
1-Year Performance20.65%26.40%-
3-Year Performance-8.64%4.26%-
5-Year Performance-2.87%20.32%-
Since Inception (31 Mar 2006)-39.76%-3.75%-

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/Low627.92 / 359.80 1,001.12 / 551.43 -
Quarter High/Low627.92 / 568.77 1,001.12 / 906.47 -
Month High/Low610.41 / 594.42 973.20 / 947.71 -

Index Correlation and Volatility

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

Index Correlation
MSCI United Arab Emirates IMI0.9625
FTSE NASDAQ UAE 200.9617
ADX General0.9149
Index Volatility
1-month Volatility7.99
1-year Volatility25.96

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 PJSC2.30%0.16%0.00%
AIR ARABIA PJSC10.67%-1.56%0.00%
ALDAR PROPERTIES COMPANY100.56%17.46%0.00%
ARAMEX PJSC34.44%-12.33%0.00%
DANA GAS-9.06%-0.56%0.00%
DUBAI FINANCIAL MARKET PJSC40.03%15.05%0.00%
DUBAI INVESTMENTS PJSC31.63%3.45%0.00%
DUBAI ISLAMIC BANK PJSC-1.28%4.12%0.00%
EMAAR PROPERTIES PJSC11.25%3.68%0.00%
FIRST ABU DHABI BANK PJSC13.72%15.66%0.00%
UNION PROPERTIES PJSC39.27%-5.00%0.00%
EMAAR MALLS PJSC12.03%-3.28%0.00%
DAMAC PROPERTIES DUBAI CO PJSC106.72%-5.38%0.00%
EMIRATES TELECOMMUNICATIONS CORP37.14%19.29%0.00%
AMANAT HOLDINGS PJSC14.32%2.44%0.00%
ORASCOM CONSTRUC20.86%15.04%-0.10%
ABU DHABI NATIONAL OIL CO FOR52.38%14.40%0.00%
EMAAR DEVELOPMENT PJSC-20.29%0.00%0.00%
ABU DHABI ISLAMIC BANK PJSC-3.60%2.34%0.00%
WAHAT AL ZAWEYA HOLDING9.85%0.00%0.00%
EMIRATES NBD PJSC5.89%11.65%0.00%
INTERNATIONAL HOLDINGS CO PJSC255.03%14.29%0.00%
Network International Holdings Plc-31.10%10.88%-7.33%
AIMIA43.27%4.55%1.74%
ISLAMIC ARAB INSURANCE COM89.34%-1.89%0.00%
Worst 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC2.30%0.16%0.00%
AIR ARABIA PJSC10.67%-1.56%0.00%
ALDAR PROPERTIES COMPANY100.56%17.46%0.00%
ARAMEX PJSC34.44%-12.33%0.00%
DANA GAS-9.06%-0.56%0.00%
DUBAI FINANCIAL MARKET PJSC40.03%15.05%0.00%
DUBAI INVESTMENTS PJSC31.63%3.45%0.00%
DUBAI ISLAMIC BANK PJSC-1.28%4.12%0.00%
EMAAR PROPERTIES PJSC11.25%3.68%0.00%
FIRST ABU DHABI BANK PJSC13.72%15.66%0.00%
UNION PROPERTIES PJSC39.27%-5.00%0.00%
EMAAR MALLS PJSC12.03%-3.28%0.00%
DAMAC PROPERTIES DUBAI CO PJSC106.72%-5.38%0.00%
EMIRATES TELECOMMUNICATIONS CORP37.14%19.29%0.00%
AMANAT HOLDINGS PJSC14.32%2.44%0.00%
ORASCOM CONSTRUC20.86%15.04%-0.10%
ABU DHABI NATIONAL OIL CO FOR52.38%14.40%0.00%
EMAAR DEVELOPMENT PJSC-20.29%0.00%0.00%
ABU DHABI ISLAMIC BANK PJSC-3.60%2.34%0.00%
WAHAT AL ZAWEYA HOLDING9.85%0.00%0.00%
EMIRATES NBD PJSC5.89%11.65%0.00%
INTERNATIONAL HOLDINGS CO PJSC255.03%14.29%0.00%
Network International Holdings Plc-31.10%10.88%-7.33%
AIMIA43.27%4.55%1.74%
ISLAMIC ARAB INSURANCE COM89.34%-1.89%0.00%
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