The MVIS® Brazil Index (MVBRA) tracks the performance of the largest and most liquid companies in Brazil. This is a modified market cap-weighted index, and it also includes non-local companies incorporated outside Brazil that generate at least 50% of their revenue in Brazil. MVBRA covers at least 90% of the investable universe.
Learn how to license this index| Component | Country | Non-local | Allocation | Weight |
|---|---|---|---|---|
| PETROLEO BRASILEIRO-SPON ADR | BR | - | - | 7.84% |
| VALE SA-SP ADR | BR | - | - | 7.75% |
| ITAU UNIBANCO HLDNG-PREF ADR | BR | - | - | 6.84% |
| NU HOLDINGS LTD | KY | Y | BR | 5.35% |
| MERCADOLIBRE INC | US | Y | BR | 5.34% |
| WEG SA | BR | - | - | 4.24% |
| BANCO DO BRASIL S.A. | BR | - | - | 4.21% |
| BANCO BRADESCO-ADR | BR | - | - | 3.67% |
| ITAUSA-INVESTIMENTOS ITAU-PR | BR | - | - | 2.86% |
| AMBEV SA | BR | - | - | 2.68% |
Gain access to all index Data and Services. Receive update on market developments, index news and corporate announcements.
Sign up nowAlready have an account? Log in here
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.
| Country | Components | Weight | Non-Local | Components | Weight |
|---|---|---|---|---|---|
| Brazil | 71 | 83.70% | 9 | 80 | 100.00% |
| Cayman Islands (*) | 4 | 8.47% | - | - | - |
| United States (*) | 1 | 5.34% | - | - | - |
| Canada (*) | 2 | 1.41% | - | - | - |
| Netherlands (*) | 1 | 0.55% | - | - | - |
| Chile (*) | 1 | 0.53% | - | - | - |
| Total | 80 | 100.00% | 9 | 80 | 100.00% |
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.
| Sector | Components | Weight | Components | Weight | Difference | Difference % |
|---|---|---|---|---|---|---|
| Industrials | 6 | 9.55% | 6 | 11.41% | 0 | -1.86% |
| Utilities | 14 | 9.33% | 12 | 9.30% | 2 | 0.04% |
| Consumer Staples | 10 | 8.24% | 10 | 9.85% | 0 | -1.61% |
| Consumer Discretionary | 8 | 7.84% | 7 | 2.99% | 1 | 4.86% |
| Financials | 15 | 33.31% | 11 | 29.68% | 4 | 3.63% |
| Health Care | 4 | 2.87% | 4 | 3.42% | 0 | -0.56% |
| Materials | 11 | 13.31% | 10 | 15.43% | 1 | -2.13% |
| Energy | 6 | 12.13% | 5 | 13.84% | 1 | -1.71% |
| Communication Services | 2 | 1.56% | 2 | 1.86% | 0 | -0.30% |
| Real Estate | 3 | 1.14% | 3 | 1.37% | 0 | -0.22% |
| Information Technology | 1 | 0.72% | 1 | 0.86% | 0 | -0.14% |
| Total | 80 | 100.00% | 71 | 100.00% |
| Size | Market Cap | Components | Weight |
|---|---|---|---|
| Large-Cap | 566,783,564,400 USD | 29 | 76.55% |
| Mid-Cap | 118,049,765,600 USD | 35 | 20.38% |
| Small-Cap | 15,351,487,220 USD | 16 | 3.06% |
| Micro-Cap | - | - | - |
| Total | 700,184,817,220 USD | 80 | 100.00% |
A license agreement is required to use MarketVector indexes, index data or trademarks for various commercial purpose. These include research and analysis, as well as the creation, introduction, promotion, or marketing of financial products such as exchange-traded products, mutual funds, certificates, derivatives, swaps, bonds, or OTC products connected to or derived from MarketVectorTM Indexes.
We can help you learn more about acquiring a suitable license for your needs.
