MVIS Global Rare Earth/Strategic Metals Index

The MVIS Global Rare Earth/Strategic Metals Index (MVREMX) tracks the performance of the largest and most liquid companies in the global rare earth and strategic metals industry. This is a modified market cap-weighted index, and only includes companies that generate at least 50% of their revenue from rare earth and strategic metals or that have ongoing mining projects that have the potential to generate at least 50% of the company's revenue from rare earth and strategic metals. The index includes refiners, recyclers, and producers of rare earth and strategic metals and minerals. MVREMX covers at least 90% of the investable universe.

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
Canada2 13.12%
United States2 10.20%
France1 3.24%
Netherlands1 3.27%
United Kingdom1 4.84%
Australia6 29.05%
Japan1 1.33%
China6 34.94%
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-Cap70,109,041,200 USD4 26.66%
Mid-Cap49,727,373,100 USD12 59.22%
Small-Cap4,189,637,700 USD4 14.12%
Micro-Cap---
Total124,026,052,000 USD20 100.00%
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