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 174.28 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 3.18%
United States1 5.74%
France1 3.63%
Netherlands1 4.51%
United Kingdom1 5.49%
Australia5 23.77%
Japan2 9.12%
Brazil1 2.93%
China5 34.24%
South Africa1 4.53%
Guernsey1 2.85%
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-Cap9,319,127,000 USD1 8.31%
Mid-Cap21,176,136,800 USD7 43.82%
Small-Cap7,559,158,210 USD12 47.87%
Micro-Cap---
Total38,054,422,010 USD20 100.00%
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