MVIS® US Listed Oil Services 25 Index
The MVIS® US Listed Oil Services 25 Index (MVOIH) tracks the performance of the largest and most liquid companies in the oil services industry that are listed in the US. This is a modified market cap-weighted index, and only includes companies that generate 50% of their revenue from oil equipment, oil services, or oil drilling. MVOIH tracks the 25 largest and most heavily-traded oil service companies.
|Size and Liquidity Requirements||Full 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-Play||Companies have to generate at least 50% revenues from oil services.|
|Diversification||Company weightings are capped at 20%.|
|Review||Semi-annually with quarterly rebalances.|
||MVIS® US Listed Oil Services 25 Price Index
||MVIS® US Listed Oil Services 25 Total Return Gross Index
||MVIS® US Listed Oil Services 25 Total Return Net Index