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VanEck Vectors Morningstar North America Equal Weight UCITS ETF

Index Description

The Morningstar® North America 100 Equal Weight Index™ is an equally weighted index composed of the largest 100 North American stocks by market value of free-floating shares. The equity universe of the underlying index consists of all developed countries in North America.

Index Key Points

Underlying Index
Morningstar North America 100 Equal Weight Index (MSEGNWGE)


Index composition
The index has the followings specifications:

• It is an equally weighted index based on free float-adjusted market capitalisation.
• The index is reviewed annually on the Monday following the third Friday of June, so that the 100 shares are equally weighted again. Shares may also be added or removed. If this is not a trading day, the review will take place on the next following trading day.
• The equity universe of the underlying index consists of all developed countries in North America.

 

Index Provider
Morningstar

 

Download Index Methodology

Index Information

  • Index Provider

    Morningstar
  • Index Type

    Total Return
  • Currency

    EUR
  • Inception Date

    21 Jun 2004
  • Reconstitution Frequency

    Annually
  • Bloomberg Ticker

    MSEGNWGE
  • Reuters Ticker

    .MSF00000WCAZ

Index Top 10 Constituents (%) as of 30 Sep 2020

Total Constituents: 100
Constituent Name
Ticker
Weightings (%)
Tesla Motors Inc
TSLA US
1.97
United Parcel Service-Cl B
UPS US
1.47
Nvidia Corp
NVDA US
1.36
Advanced Micro Devices
AMD US
1.35
Salesforce.Com Inc
CRM US
1.30
Shopify Inc - Class A
SHOP CN
1.30
Apple Inc
AAPL US
1.24
Target Corp
TGT US
1.24
Qualcomm Inc
QCOM US
1.22
Lowe's Cos Inc
LOW US
1.20
Top 10 Total (%) 13.65
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 30 Sep 2020

  • Country

    Weightings (%)
  • United States

    93.8
  • Canada

    5.1
  • United Kingdom

    1.1

Index Sector Weightings (%) as of 30 Sep 2020

  • Sector

    Weightings (%)
  • Information Technology

    24.5
  • Health Care

    19.4
  • Financials

    10.7
  • Consumer Discretionary

    10.6
  • Industrials

    9.1
  • Communication Services

    8.0
  • Consumer Staples

    7.9
  • Real Estate

    3.8
  • Utilities

    2.8
  • Energy

    2.2
  • Materials

    1.1

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Not Insured — No Bank Guarantee — May Lose Value