FTSE Russell Factsheet
FTSE UAE INDEX
Data as at: 29 March 2024
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The FTSE UAE Index is a market-capitalization weighted index designed to represent the FEATURES
performance of United Arab Emirates (UAE) listed large and mid cap stocks. The index is part of
the FTSE Global Equity Index Series (GEIS), which covers 99% of the world’s investable market Objective
capitalization. The index is designed for use in the creation
5-Year Performance - Total Return of index tracking funds, derivatives and as a
(USD) performance benchmark.
180 Investability
160 Stocks are selected and weighted to ensure
140 that the index is investable.
120 Liquidity
100
Stocks are screened to ensure that the index
80
is tradable.
60
Transparency
Mar-2019 Mar-2020 Mar-2021 Mar-2022 Mar-2023 Mar-2024
Data as at month end Index methodologies are freely available on
the FTSE Russell website.
FTSE UAE FTSE All-World FTSE Emerging
Availability
The index is calculated based on price and
Performance and Volatility - Total Return
total return methodologies, available real
Index (USD) Return % Return pa %* Volatility %** time & end-of-day. A net version is also
3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR available.
FTSE UAE -1.3 -4.8 -1.3 4.3 22.2 33.1 6.9 5.9 11.6 16.3 21.8 Industry Classification Benchmark (ICB)
FTSE All-World 8.1 20.1 8.1 23.6 23.8 71.6 7.4 11.4 9.6 15.2 17.7
Index constituents are categorized in
FTSE Emerging 2.4 9.2 2.4 8.5 -9.6 17.2 -3.3 3.2 11.2 15.6 18.2
accordance with the Industry Classification
* Compound annual returns measured over 3 and 5 years respectively Benchmark (ICB), the global standard for
** Volatility – 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data
industry sector analysis.
Year-on-Year Performance - Total Return
Index % (USD) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
FTSE UAE 14.2 -14.1 11.4 1.2 -4.0 5.9 -3.8 50.3 -2.5 -3.1
FTSE All-World 4.8 -1.7 8.6 24.6 -9.1 27.2 16.6 18.9 -17.7 22.6
FTSE Emerging 1.6 -15.2 13.5 32.5 -13.0 20.6 15.5 0.1 -16.9 9.1
Return/Risk Ratio and Drawdown - Total Return
Index (USD) Return/Risk Ratio Drawdown (%)
1YR 3YR 5YR 10YR 1YR 3YR 5YR 10YR
FTSE UAE 0.3 0.4 0.3 0.1 -12.6 -28.7 -41.9 -52.3
FTSE All-World 2.6 0.5 0.6 0.6 -10.4 -26.0 -33.7 -33.7
FTSE Emerging 0.8 -0.2 0.2 0.2 -11.3 -32.9 -34.8 -35.7
Return/Risk Ratio – based on compound annual returns and volatility in Performance and Volatility table
Drawdown - based on daily data
Source: FTSE Russell as at 29 March 2024. Past performance is no guarantee of future results. 1 of 3
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE UAE INDEX Data as at: 29 March 2024
Top 10 Constituents INFORMATION
Constituent Country ICB Sector Net MCap Wgt %
(USDm) Index Universe
Emirates Telecommunications Group Co
UAE Telecommunications Service Providers 17,393 14.47
FTSE All-World Index
PJSC
Launch Date
First Abu Dhabi Bank PJSC UAE Banks 15,899 13.23
Real Estate Investment and Services 20 September 2010
Emaar Properties UAE 14,932 12.42
Development
History start Date
Emirates NBD PJSC UAE Banks 8,609 7.16
17 September 2010
Abu Dhabi Commercial Bank UAE Banks 6,601 5.49
Alpha Dhabi Holding UAE General Industrials 5,865 4.88 Base Value
Dubai Electricity and Water Authority UAE Electricity 5,740 4.78 100
Real Estate Investment and Services Investability Screen
Aldar Properties PJSC UAE 5,553 4.62
Development
Dubai Islamic Bank UAE Banks 4,590 3.82 Actual free float applied and liquidity
Abu Dhabi Islamic Bank UAE Banks 4,360 3.63 screened
Totals 89,541 74.50 Index Calculation
Real Time & End-of-day
ICB Supersector Breakdown
End-of-Day Distribution
ICB Code ICB Supersector No. of Cons Net MCap (USDm) Wgt %
1510 Telecommunications 1 17,393 14.47
Via SFTP and email
2010 Health Care 1 1,115 0.93 Currency
3010 Banks 5 40,058 33.33 USD, GBP, EUR, JPY, AUD, CAD, HKD,
3020 Financial Services 2 3,525 2.93 CNY
3510 Real Estate 3 22,393 18.63 Review Dates
4050 Travel and Leisure 2 4,309 3.59
Semi-annually in March and September
4520 Personal Care Drug and Grocery Stores 1 405 0.34
5010 Construction and Materials 3 2,655 2.21
5020 Industrial Goods and Services 7 14,066 11.70
5520 Chemicals 2 2,925 2.43
6010 Energy 3 5,601 4.66
6510 Utilities 1 5,740 4.78
Totals 31 120,185 100.00
Country Breakdown
Country No. of Cons Net MCap (USDm) Wgt %
UAE 31 120,185 100.00
Totals 31 120,185 100.00
Index Characteristics
Attributes FTSE UAE FTSE All-World
Number of constituents 31 4292
Net MCap (USDm) 120,185 72,976,465
Dividend Yield % 4.50 1.92
Constituent Sizes (Net MCap USDm)
Average 3,877 17,003
Largest 17,393 3,127,258
Smallest 256 22
Median 1,902 2,555
Weight of Largest Constituent (%) 14.47 4.29
Top 10 Holdings (% Index MCap) 74.50 19.11
29 March 2024
Source: FTSE Russell as at 29 March 2024. Past performance is no guarantee of future results. 2 of 3
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE UAE INDEX Data as at: 29 March 2024
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Source: FTSE Russell as at 29 March 2024. Past performance is no guarantee of future results. 3 of 3
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
