MVIS® Brazil Small-Cap Index

The MVIS® Brazil Small-Cap Index (MVBRF) tracks the performance of the most liquid small-cap companies in Brazil. This is a modified market cap-weighted index, and it also includes non-local companies incorporated outside of Brazil that generate at least 50% of their revenues in Brazil.

Key Features

Size and Liquidity RequirementsFull MCap of at least 150 mln USD.
Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews.
At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Pure-PlayIncludes non-local companies with at least 50% revenues in Brazil.
DiversificationCompany weightings are capped at 8%.
ReviewSemi-annually with quarterly rebalances.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
1,029.05 1,029.05 ---39.96%862.32 - 2,095.42
1,627.88 1,627.88 ---30.60%1,262.84 - 3,064.42
Symbol IndexName
MVBRF MVIS® Brazil Small-Cap Price Index
MVBRFTR MVIS® Brazil Small-Cap Total Return Net Index