MVIS Global Oil Refiners Index

The modified market cap-weighted index tracks the performance of the largest and most liquid companies in the global oil refining segment. The pure-play index contains companies that generate at least 50% of their revenue from crude oil refining. Products of these companies may include gasoline, diesel, jet fuel, fuel oil, naphtha, and other petrochemicals. Companies that market and distribute such products are included in the index as long as refining is performed in company-owned refineries. The MVIS Global Oil Refiners Index (MVCRAK) covers at least 90% of the investable universe and has been licensed to underlie financial products with currently USD 15.63 million in assets under management.

Country and Sector Weightings

MVIS Hard Assets Indices are pure-play indices. Companies must generate at least 50% of their revenues in the target area of a certain index to be eligible for index inclusion. Country weightings are based on the weightings of all index components in a certain country.

CountryComponentsWeight
United States6 31.59%
Austria1 5.06%
Finland1 5.74%
Greece1 1.44%
Hungary1 3.88%
Poland2 5.86%
Portugal1 4.79%
Turkey1 2.66%
Australia1 3.83%
Japan3 10.13%
South Korea3 10.00%
Taiwan1 3.92%
Thailand2 3.68%
India1 7.43%
Total25 100.00%
SectorComponentsWeight
Energy24 97.83%
Industrials1 2.17%
Total25 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-Cap373,664,858,400 USD15 80.32%
Mid-Cap34,688,523,200 USD10 19.68%
Small-Cap---
Micro-Cap---
Total408,353,381,600 USD25 100.00%
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