MVIS® EM Corporate Bond (USD&EUR) Index

The MVIS EM Corporate Bond (USD&EUR) Index (MVEMCD) tracks the performance of Emerging Markets corporate bonds denominated in USD or EUR. MVEMCD is a modified market cap-weighted index, and is derived from the MVIS EM Aggregate Bond Index (MVEMAG), which tracks the performance of emerging markets sovereign bonds and corporate bonds denominated in USD, EUR, or local emerging markets currencies. To be included in the MVEMAG index, bonds must be issued by either an emerging markets sovereign, a quasi-sovereign issuer, or a corporate issuer whose primary country of risk is deemed to be an emerging market country.

Country and Sectors Weightings

Country and Sector weightings are based on the weightings of all index components in a certain country or sector.

CountryComponentsWeight
United States1 0.03%
Bulgaria2 0.12%
Czechia15 0.82%
Hungary3 0.19%
Netherlands1 0.03%
Poland5 0.24%
Turkey54 2.53%
United Kingdom1 0.01%
Bahrain12 0.73%
Hong Kong169 8.05%
Indonesia77 4.67%
Israel29 2.55%
Jordan1 0.04%
South Korea1 0.02%
Malaysia28 2.44%
Pakistan1 0.04%
Philippines44 1.71%
Thailand32 1.49%
United Arab Emirates114 7.87%
Vietnam1 0.06%
Argentina29 0.98%
Brazil146 9.77%
Chile87 4.54%
China838 10.55%
Colombia36 2.25%
Costa Rica2 0.06%
Dominican Republic2 0.05%
El Salvador2 0.05%
India130 6.06%
Mexico166 10.06%
Morocco5 0.29%
Nigeria7 0.31%
Panama14 0.73%
Russia81 5.08%
South Africa36 1.94%
Azerbaijan4 0.43%
Belarus1 0.03%
Croatia1 0.05%
Georgia4 0.13%
Ghana3 0.15%
Guatemala5 0.21%
Honduras1 0.03%
Jamaica6 0.33%
Kazakhstan13 1.09%
Kuwait17 0.78%
Mongolia1 0.03%
Oman9 0.48%
Paraguay3 0.10%
Peru46 2.45%
Qatar32 1.85%
Romania8 0.37%
Saudi Arabia37 3.95%
Tanzania1 0.06%
Ukraine13 0.54%
Uruguay1 0.04%
Zambia5 0.53%
Total2,383 100.00%
SectorComponentsWeight
Energy293 21.49%
Utilities243 10.30%
Financial1,022 33.01%
Basic Materials224 12.02%
Communications158 6.40%
Diversified24 1.12%
Technology5 0.15%
Industrial179 5.37%
Government7 0.41%
Total2,155 90.28%
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