Direct Answer
The FTSE BIVA Index is a rule-based measurement of equities listed on the BIVA (Bolsa Institucional de Valores) exchange in Mexico, maintained by FTSE Russell and BIVA. Like every index it owns nothing: it is a number produced by applying a published weighting formula to a selected list of securities, revised on a schedule the provider sets.
What this index covers
The FTSE BIVA Index covers equities listed on the BIVA (Bolsa Institucional de Valores) exchange in Mexico. FTSE Russell and BIVA defines which securities are eligible, how they are selected from that pool, and how much each one contributes to the published number.
The methodology document, published by FTSE Russell and BIVA, sets the rules for inclusion and removal. Corporate actions, index reviews, and eligibility changes all move the constituent list on the timetable the provider specifies.
How constituents are weighted
Swoopr has not verified the weighting method for this index against FTSE Russell and BIVA's current methodology document, so none is stated here rather than guessed. The provider link below is authoritative.
Current FTSE BIVA Index constituents
FTSE Russell and BIVA publishes and licenses the FTSE BIVA Index constituent list. Swoopr does not republish it here. The provider's own page is the authoritative source for current membership and weights.
Related reading
- All stock market indexes: how indexes are built, weighted and revised.
- Latin America indexes: others covering the same region.
- Index concentration: measuring how much of an index sits in its largest holdings.
- Index rebalancing and inclusion effects: what happens to a stock when index membership changes.
Frequently Asked Questions
Who maintains the FTSE BIVA Index?
FTSE Russell and BIVA maintains the FTSE BIVA Index and publishes the methodology document that defines its eligibility and weighting rules.
What does the FTSE BIVA Index measure?
It measures equities listed on the BIVA (Bolsa Institucional de Valores) exchange in Mexico. The index is a calculated number applying a weighting formula to a selected list of securities, and it holds nothing itself.
Where can I see the current FTSE BIVA Index constituents?
FTSE Russell and BIVA publishes the current constituent list. Swoopr does not republish it, because index providers license constituent data and Swoopr holds no such licence.