MVIS Vietnam Index

The MVIS Vietnam Index (MVVNM) tracks the performance of the largest and most liquid companies incorporated in Vietnam. The index also includes non-local companies incorporated outside Vietnam that generate at least 50% of their revenues in Vietnam. MVVNM covers at least 90% of the investable universe

Country Weightings

The white area of the table shows the number of companies incorporated in a certain country and the country's weight in the index.
Countries marked with (*) are the home of non-local companies. Non-local companies are companies, incorporated in these countries, that generate at least 50% of their revenues in the index target.

The number of non-local companies is declared in column «non-local». The count of components and weights in the grey area is achieved by reassigning the non-local companies to the country or region covered by the index.

CountryComponentsWeightNon-localComponentsWeight
Japan (*)1 1.68%---
South Korea (*)9 6.12%---
Malaysia (*)1 0.27%---
Taiwan (*)3 11.70%---
Vietnam44 80.23%14 58 100.00%
Total58 100.00%14 58 100.00%

Sector Weightings

The weighting of a certain sector in an index is based on the weightings of the index components allocated to this sector. The table below displays the number of index components by sectors.
The columns coloured in grey represent hypothetical values assuming that the index would not include non-local companies.

SectorComponentsWeightComponentsWeightDifferenceDifference %
Energy2 0.87%2 1.08%0 -0.21%
Materials5 11.00%5 13.71%0 -2.71%
Industrials11 11.11%10 13.52%1 -2.40%
Consumer Discretionary 4 12.40%0 0.00%4 12.40%
Consumer Staples7 13.30%7 16.58%0 -3.28%
Health Care1 1.68%0 0.00%1 1.68%
Financials9 13.10%9 16.33%0 -3.23%
Information Technology8 5.42%0 0.00%8 5.42%
Utilities1 0.52%1 0.64%0 -0.13%
Real Estate10 30.61%10 38.15%0 -7.54%
Total58 100.00%44 100.00%

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-Cap53,900,041,700 USD5 34.23%
Mid-Cap36,638,179,800 USD10 32.89%
Small-Cap25,014,348,630 USD39 31.81%
Micro-Cap573,581,260 USD4 1.07%
Total116,126,151,390 USD58 100.00%
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