The MarketVector™ Israel Defense Industries Index (MVIDI) is a thematic index tracking the performance of companies that are incorporated or headquartered in Israel and involved in serving national defense industries.
Full MCap of at least 15 mln USD. Three month average-daily-trading volume of at least 0.02 mln USD at a review and also at the previous two reviews.
Universe
Companies with at least 30% (20% for current components) of their revenues from the military or defense industries that are are incorporated or headquartered in Israel.
Diversification
Company weightings are capped at 15/12/10% for Dedicated Defense and at 6% for Diversified Defense.
Review
Semi-annually in March and September with quarterly rebalances.
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