MVIS United Arab Emirates Index

The modified market cap-weighted index tracks the performance of the largest and most liquid companies in the United Arab Emirates (UAE). Its unique pure-play approach expands local exposure to include non-local companies that generate at least 50% of their revenues in UAE. The MVIS United Arab Emirates Index (MVARE) covers at least 90% of the investable universe. Most demanding size and liquidity screenings are applied to potential index components.

Index Performance

Index performance of price, total return net and total return gross indices is displayed in realtime.

PeriodPriceTotal Return NetTotal Return Gross
Year-to-Date Performance23.27%26.43%-
1-Year Performance49.73%54.31%-
3-Year Performance12.88%27.29%-
5-Year Performance13.94%39.21%-
Since Inception (31 Mar 2006)-30.17%14.15%-

Index Records

Index highs and lows of price, total return net and total return gross indices are displayed in realtime.

PeriodPriceTotal Return NetTotal Return Gross
All Time High/Low1,068.18 / 253.54 1,193.60 / 266.12 -
52-Weeks High/Low705.69 / 462.37 1,153.53 / 733.36 -
Quarter High/Low705.69 / 628.49 1,153.53 / 1,018.14 -
Month High/Low705.69 / 686.29 1,153.53 / 1,121.83 -

Index Correlation and Volatility

Index correlation to selected index peers and index volatility are updated daily.

Index Correlation
MSCI United Arab Emirates IMI0.8936
FTSE NASDAQ UAE 200.9597
ADX General0.9145
Index Volatility
1-month Volatility7.66
1-year Volatility11.19

Component Performance

Displayed are the best and worst index components over a selected period of time. Data is updated daily.

Best 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC39.64%16.22%0.00%
AIR ARABIA PJSC23.01%8.59%0.00%
ALDAR PROPERTIES COMPANY120.59%25.35%0.00%
ARAMEX PJSC23.31%-7.53%0.00%
DANA GAS34.16%21.95%0.00%
DUBAI FINANCIAL MARKET PJSC48.56%27.96%0.00%
DUBAI INVESTMENTS PJSC60.95%25.43%0.00%
DUBAI ISLAMIC BANK PJSC29.88%11.85%0.00%
EMAAR PROPERTIES PJSC55.07%19.49%0.00%
FIRST ABU DHABI BANK PJSC52.83%35.06%0.00%
EMAAR MALLS PJSC57.81%10.38%0.00%
DAMAC PROPERTIES DUBAI CO PJSC91.62%-1.54%0.00%
EMIRATES TELECOMMUNICATIONS CORP38.01%36.29%0.00%
AMANAT HOLDINGS PJSC9.76%16.59%0.00%
EROS INTERNATIONAL PLC-57.69%-27.47%-2.94%
ABU DHABI NATIONAL OIL CO FOR57.00%19.87%0.00%
EMAAR DEVELOPMENT PJSC84.29%40.73%0.00%
ABU DHABI ISLAMIC BANK PJSC54.37%24.15%0.00%
WAHAT AL ZAWEYA HOLDING1.05%-0.34%0.00%
EMIRATES NBD PJSC57.66%40.82%0.00%
INTERNATIONAL HOLDINGS CO PJSC217.61%129.29%0.00%
Network International Holdings Plc-7.27%20.60%-1.04%
ELECTRO OPTIC SYSTEMS HOLDINGS LTD-10.63%-24.68%1.52%
AGTHIA GROUP PJSC145.71%58.99%0.00%
YALLA GROUP LTD0.00%24.84%-3.30%
Worst 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC39.64%16.22%0.00%
AIR ARABIA PJSC23.01%8.59%0.00%
ALDAR PROPERTIES COMPANY120.59%25.35%0.00%
ARAMEX PJSC23.31%-7.53%0.00%
DANA GAS34.16%21.95%0.00%
DUBAI FINANCIAL MARKET PJSC48.56%27.96%0.00%
DUBAI INVESTMENTS PJSC60.95%25.43%0.00%
DUBAI ISLAMIC BANK PJSC29.88%11.85%0.00%
EMAAR PROPERTIES PJSC55.07%19.49%0.00%
FIRST ABU DHABI BANK PJSC52.83%35.06%0.00%
EMAAR MALLS PJSC57.81%10.38%0.00%
DAMAC PROPERTIES DUBAI CO PJSC91.62%-1.54%0.00%
EMIRATES TELECOMMUNICATIONS CORP38.01%36.29%0.00%
AMANAT HOLDINGS PJSC9.76%16.59%0.00%
EROS INTERNATIONAL PLC-57.69%-27.47%-2.94%
ABU DHABI NATIONAL OIL CO FOR57.00%19.87%0.00%
EMAAR DEVELOPMENT PJSC84.29%40.73%0.00%
ABU DHABI ISLAMIC BANK PJSC54.37%24.15%0.00%
WAHAT AL ZAWEYA HOLDING1.05%-0.34%0.00%
EMIRATES NBD PJSC57.66%40.82%0.00%
INTERNATIONAL HOLDINGS CO PJSC217.61%129.29%0.00%
Network International Holdings Plc-7.27%20.60%-1.04%
ELECTRO OPTIC SYSTEMS HOLDINGS LTD-10.63%-24.68%1.52%
AGTHIA GROUP PJSC145.71%58.99%0.00%
YALLA GROUP LTD0.00%24.84%-3.30%
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