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.
| Country | Components | Weight |
| United States | 1 | 0.03% |
| Bulgaria | 2 | 0.12% |
| Czechia | 15 | 0.81% |
| Hungary | 3 | 0.19% |
| Netherlands | 1 | 0.03% |
| Poland | 6 | 0.31% |
| Turkey | 55 | 2.59% |
| United Kingdom | 1 | 0.01% |
| Bahrain | 12 | 0.73% |
| Hong Kong | 167 | 7.92% |
| Indonesia | 77 | 4.66% |
| Israel | 29 | 2.55% |
| Jordan | 1 | 0.04% |
| South Korea | 1 | 0.02% |
| Malaysia | 28 | 2.46% |
| Pakistan | 1 | 0.04% |
| Philippines | 44 | 1.70% |
| Thailand | 34 | 1.56% |
| United Arab Emirates | 115 | 7.88% |
| Vietnam | 1 | 0.06% |
| Argentina | 29 | 0.94% |
| Brazil | 147 | 9.90% |
| Chile | 83 | 4.36% |
| China | 841 | 10.48% |
| Colombia | 38 | 2.38% |
| Costa Rica | 2 | 0.06% |
| Dominican Republic | 2 | 0.05% |
| El Salvador | 2 | 0.05% |
| India | 128 | 5.88% |
| Mexico | 166 | 10.06% |
| Morocco | 5 | 0.29% |
| Nigeria | 6 | 0.27% |
| Panama | 15 | 0.77% |
| Russia | 83 | 5.21% |
| South Africa | 37 | 1.97% |
| Azerbaijan | 4 | 0.43% |
| Belarus | 1 | 0.03% |
| Croatia | 1 | 0.05% |
| Georgia | 4 | 0.13% |
| Ghana | 3 | 0.14% |
| Guatemala | 5 | 0.21% |
| Honduras | 1 | 0.03% |
| Jamaica | 6 | 0.32% |
| Kazakhstan | 13 | 1.10% |
| Kuwait | 17 | 0.77% |
| Mongolia | 1 | 0.03% |
| Oman | 9 | 0.47% |
| Paraguay | 3 | 0.10% |
| Peru | 46 | 2.43% |
| Qatar | 33 | 1.88% |
| Romania | 8 | 0.38% |
| Saudi Arabia | 37 | 3.95% |
| Tanzania | 1 | 0.06% |
| Ukraine | 13 | 0.54% |
| Uruguay | 1 | 0.04% |
| Zambia | 5 | 0.53% |
| Total | 2,390 | 100.00% |
| Sector | Components | Weight |
| Energy | 295 | 21.68% |
| Financial | 1,030 | 33.28% |
| Consumer - Cyclical | 90 | 2.77% |
| Basic Materials | 226 | 12.01% |
| Consumer - Non-cyclical | 140 | 6.98% |
| Communications | 156 | 6.30% |
| Diversified | 26 | 1.15% |
| Technology | 5 | 0.15% |
| Industrial | 178 | 5.20% |
| Government | 7 | 0.41% |
| Total | 2,153 | 89.94% |
