The MVIS® Colombia Index (MVCOLX) tracks the performance of the largest and most liquid companies in Colombia. The index is a modified market cap-weighted index, and it also includes non-local companies incorporated outside Colombia that generate at least 50% of their revenues in Chile. MVCOLX covers at least 90% of the investable universe.
Learn how to license this index| Component | Country | Non-local | Allocation | Weight |
|---|---|---|---|---|
| ECOPETROL SA-SPONSORED ADR | CO | - | - | 9.00% |
| BANCOLOMBIA S.A.-SPONS ADR | CO | - | - | 8.61% |
| GRUPO DE INVERSIONES SURAMERICANA SA | CO | - | - | 6.69% |
| INTERCONEXION ELECTRICA SA | CO | - | - | 6.14% |
| GRUPO NUTRESA SA | CO | - | - | 5.63% |
| ARIS MINING CORP | CA | Y | CO | 5.47% |
| PAREX RESOURCES INC | CA | Y | CO | 5.28% |
| FRONTERA ENERGY CORP | CA | Y | CO | 5.18% |
| GRUPO ARGOS SA | CO | - | - | 5.03% |
| BANCO DE BOGOTA SA ORD | CO | - | - | 4.96% |
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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 |
|---|---|---|---|---|---|
| Colombia | 13 | 68.66% | 7 | 20 | 100.00% |
| Cayman Islands (*) | 1 | 4.76% | - | - | - |
| Bermuda (*) | 1 | 4.63% | - | - | - |
| United States (*) | 1 | 3.85% | - | - | - |
| Canada (*) | 4 | 18.11% | - | - | - |
| Total | 20 | 100.00% | 7 | 20 | 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 % |
|---|---|---|---|---|---|---|
| Consumer Staples | 1 | 5.63% | 1 | 8.20% | 0 | -2.57% |
| Industrials | 1 | 4.76% | 0 | 0.00% | 1 | 4.76% |
| Unclassified | 1 | 4.40% | 1 | 6.40% | 0 | -2.01% |
| Energy | 6 | 30.11% | 1 | 13.11% | 5 | 17.00% |
| Financials | 5 | 28.47% | 5 | 41.46% | 0 | -13.00% |
| Materials | 3 | 14.26% | 2 | 12.80% | 1 | 1.46% |
| Utilities | 3 | 12.38% | 3 | 18.02% | 0 | -5.65% |
| Total | 20 | 100.00% | 13 | 100.00% |
| Size | Market Cap | Components | Weight |
|---|---|---|---|
| Large-Cap | 23,415,958,000 USD | 1 | 9.00% |
| Mid-Cap | 25,889,564,200 USD | 8 | 45.79% |
| Small-Cap | 8,354,220,010 USD | 11 | 45.22% |
| Micro-Cap | - | - | - |
| Total | 57,659,742,210 USD | 20 | 100.00% |
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