MVIS® United Arab Emirates Index

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

Index Performance

Index performance of price, total return net and total return gross indexes is displayed in real-time.

PeriodPriceTotal Return Net
Year-to-Date Performance13.05%15.74%
1-Year Performance26.15%29.44%
3-Year Performance55.05%71.76%
5-Year Performance31.74%58.67%
Since Inception (31 Mar 2006)-10.19%50.85%

Index Records

Index highs and lows of price, total return net and total return gross indices are displayed in realtime.

PeriodPriceTotal Return Net
All Time High/Low1,068.18 / 253.54 1,562.72 / 266.12
52-Weeks High/Low931.91 / 711.43 1,562.72 / 1,164.60
Quarter High/Low898.09 / 811.00 1,508.52 / 1,359.96
Month High/Low898.09 / 811.29 1,508.52 / 1,360.46

Index Correlation and Volatility

Index correlation to selected index peers and index volatility are updated daily.

Index Correlation
MSCI United Arab Emirates IMI0.9018
FTSE NASDAQ UAE 200.9119
ADX General0.6808
Index Volatility
1-month Volatility9.76
1-year Volatility13.80

Component Performance

Displayed are the best and worst index components over a selected period of time. Data is updated daily.

Best 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC30.39%12.05%0.76%
AIR ARABIA PJSC65.55%59.83%2.33%
ALDAR PROPERTIES COMPANY18.24%25.35%-0.41%
ARAMEX PJSC5.66%-3.36%1.86%
DANA GAS20.28%-2.85%-0.80%
DUBAI FINANCIAL MARKET PJSC68.11%-37.26%-0.56%
DUBAI INVESTMENTS PJSC46.79%34.61%1.64%
DUBAI ISLAMIC BANK PJSC23.41%15.15%0.68%
EMAAR PROPERTIES PJSC42.13%17.42%-1.58%
FIRST ABU DHABI BANK PJSC26.98%12.55%-0.77%
APEX INVESTMENT CO PSC86.89%-25.52%1.42%
EMIRATES TELECOMMUNICATIONS CORP19.39%-9.24%-0.50%
ABU DHABI NATIONAL OIL CO FOR16.99%17.14%2.74%
EMAAR DEVELOPMENT PJSC19.52%2.29%0.00%
ABU DHABI ISLAMIC BANK PJSC73.10%38.07%1.78%
EMIRATES NBD PJSC7.18%5.99%0.72%
INTERNATIONAL HOLDINGS CO PJSC136.56%125.66%-1.44%
NETWORK INTERNATIONAL HOLDINGS PLC-41.05%-25.05%4.32%
AL YAH SATELLITE COMMUNICATI3.29%0.65%0.00%
ALPHA DHABI HOLDING PJSC-18.33%-11.21%0.58%
EMIRATES INTEGRATED TELECOMMUNICATIONS CO PJSC-2.17%-3.06%1.31%
ADNOC DRILLING CO PJSC0.00%8.68%0.56%
AL SEER MARINE SUPPLIES & EQ0.00%-28.06%2.56%
FERTIGLOBE PLC0.00%60.50%-0.55%
DUBAI ELECTRICITY & WATER AU0.00%-9.76%0.39%
Worst 5 Components1-YearYear-to-Date1-Day
ABU DHABI COMMERCIAL BANK PJSC30.39%12.05%0.76%
AIR ARABIA PJSC65.55%59.83%2.33%
ALDAR PROPERTIES COMPANY18.24%25.35%-0.41%
ARAMEX PJSC5.66%-3.36%1.86%
DANA GAS20.28%-2.85%-0.80%
DUBAI FINANCIAL MARKET PJSC68.11%-37.26%-0.56%
DUBAI INVESTMENTS PJSC46.79%34.61%1.64%
DUBAI ISLAMIC BANK PJSC23.41%15.15%0.68%
EMAAR PROPERTIES PJSC42.13%17.42%-1.58%
FIRST ABU DHABI BANK PJSC26.98%12.55%-0.77%
APEX INVESTMENT CO PSC86.89%-25.52%1.42%
EMIRATES TELECOMMUNICATIONS CORP19.39%-9.24%-0.50%
ABU DHABI NATIONAL OIL CO FOR16.99%17.14%2.74%
EMAAR DEVELOPMENT PJSC19.52%2.29%0.00%
ABU DHABI ISLAMIC BANK PJSC73.10%38.07%1.78%
EMIRATES NBD PJSC7.18%5.99%0.72%
INTERNATIONAL HOLDINGS CO PJSC136.56%125.66%-1.44%
NETWORK INTERNATIONAL HOLDINGS PLC-41.05%-25.05%4.32%
AL YAH SATELLITE COMMUNICATI3.29%0.65%0.00%
ALPHA DHABI HOLDING PJSC-18.33%-11.21%0.58%
EMIRATES INTEGRATED TELECOMMUNICATIONS CO PJSC-2.17%-3.06%1.31%
ADNOC DRILLING CO PJSC0.00%8.68%0.56%
AL SEER MARINE SUPPLIES & EQ0.00%-28.06%2.56%
FERTIGLOBE PLC0.00%60.50%-0.55%
DUBAI ELECTRICITY & WATER AU0.00%-9.76%0.39%
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