MVIS Global Rare Earth/Strategic Metals Index

The modified market cap-weighted index tracks the performance of the largest and most liquid companies in the global rare earth and strategic metals segment. Its unique pure-play approach requires that companies have to generate at least 50% of their revenues from rare earth and strategic metals or with mining projects that have the potential to generate at least 50% of their revenues from rare earth/strategic metal when developed. The index includes refiners, recyclers and producers of rare earth strategic metals and minerals. The MVIS Global Rare Earth/Strategic Metals Index (MVREMX) covers at least 90% of the investable universe and has been licensed to underlie financial products with currently USD 131.37 million in asset 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
Canada1 3.32%
United States1 3.65%
France1 4.55%
Netherlands1 3.84%
United Kingdom1 4.76%
Australia6 32.21%
Japan2 7.45%
Brazil1 4.22%
China6 35.99%
Total20 100.00%
SectorComponentsWeight
Materials20 100.00%
Total20 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-Cap8,449,036,300 USD1 6.45%
Mid-Cap19,290,107,900 USD6 36.17%
Small-Cap6,699,374,140 USD13 57.38%
Micro-Cap---
Total34,438,518,340 USD20 100.00%
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