MSCI Equity Indexes May 2023 Index Review
MSCI Global Standard Indexes: Eighty-six securities will be added to and 39 securities will be deleted from the MSCI ACWI Index. The three largest additions to the MSCI World Index measured by full company market capitalization will be Builders Firstsource (
MSCI Global Small Cap Indexes: There will be 185 additions to and 165 deletions from the MSCI ACWI Small Cap Index.
MSCI Global Investable Market Indexes: There will be 235 additions to and 168 deletions from the MSCI ACWI Investable Market Index (IMI).
MSCI Global All Cap Indexes: There will be 171 additions to and 119 deletions from the MSCI World All Cap Index.
MSCI Frontier Markets Indexes: There will be three additions to and one deletion from the MSCI Frontier Markets Index. The three largest additions to the MSCI Frontier Markets Index measured by full company market capitalization will be Societatea Nationala Nuclearelectrica (
In light of currently observed market accessibility issues, MSCI will not implement changes as part of this Index Review for any securities classified in
MSCI Global Islamic Indexes: Forty-eight securities will be added to and 27 securities will be deleted from the MSCI ACWI Islamic Index. The three largest additions to the MSCI ACWI Islamic Index measured by full company market capitalization will be China Shenhua Energy H (
MSCI US Equity Indexes: There will be eight securities added to and four securities deleted from the MSCI US Large Cap 300 Index. The three largest additions to the MSCI US Large Cap 300 Index measured by full company market capitalization will be Arista Networks, Copart and Horton (Dr).
Twenty-eight securities will be added to and 17 securities will be deleted from the MSCI US Mid Cap 450 Index. The three largest additions to the MSCI US Mid Cap 450 Index measured by full company market capitalization will be Delta Air Lines, Southwest Airlines Co and Ball Corp.
Fifty-four securities will be added to and 35 securities will be deleted from the MSCI US Small Cap 1750 Index. The three largest additions to the MSCI US Small Cap 1750 Index measured by full company market capitalization will be Polaris Industries, Encompass Health Corp and Alaska Air Group.
There will be seven additions to and 22 deletions from the MSCI US Micro Cap Index.
For the MSCI US Investable Market Value Index, there will be 171 additions or upward changes in Value Inclusion Factor (VIFs), and 96 deletions or downward changes in VIFs. For the MSCI US Investable Market Growth Index, there will be 118 additions or upward changes in Growth Inclusion Factors (GIFs), and 139 deletions or downward changes in GIFs.
MSCI US REIT Index: There will be no additions to and one deletion from the MSCI US REIT Index.
MSCI China A Onshore Indexes: There will be 28 additions to and nine deletions from the MSCI China A Onshore Index. The three largest additions to the MSCI China A Onshore Index will be Hygon Information Technology A, Xinjiang Daqo New Energy A and Galaxycore A. There will be 114 additions to and 14 deletions from the MSCI China A Onshore Small Cap Index.
MSCI China All Shares Indexes: There will be 23 additions to and 17 deletions from the MSCI China All Shares Index. The three largest additions to the MSCI China All Shares Index will be Hygon Information Technology A, Xinjiang Daqo New Energy A and Zhejiang Sanhua Intelligent Controls A. There will be 237 additions to and 21 deletions from the MSCI China All Shares Small Cap Index.
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