The MarketVector Digital Assets 100 Mid-Cap Index (MVDAMC) is a specialized benchmark designed to track the performance of mid-sized digital assets. It selects the 30 mid-cap components from the broader MarketVector Digital Assets 100 Index, providing a focused view on this dynamic segment of the cryptocurrency market. As a market capitalization-weighted index, it assigns greater weight to assets with larger market caps, ensuring its movements reflect the overall performance of these key players.
This index serves as a vital tool for investors, analysts, and financial product creators seeking exposure to the mid-cap digital asset space. It offers a standardized, rules-based way to measure the performance of these assets, which are often more established than small-caps but possess more growth potential than large-caps.
Key Features and Index Parameters
The MVDAMC index is constructed with a clear and transparent methodology. Its parameters are designed to ensure accuracy and reliability for all users.
Essential Index Details:
- Launch Date: October 23, 2017
- Base Date: December 31, 2014
- Base Value: 100.00
- Review Frequency: Monthly
- Number of Components: 30
- Currency: USD
- Dissemination: Real-time, 00:00 - 24:00 GMT
- Closing Time: 17:00 GMT
The index's market capitalization is updated daily, providing a current snapshot of the total value of its components. This constant updating makes it a reliable real-time benchmark.
Performance and Volatility Metrics
Understanding the historical performance and volatility of an index is crucial for assessing its risk and return profile. The MVDAMC provides a comprehensive track record for analysis.
Historical Performance Overview:
- Year-to-Date Performance: -34.93%
- 1-Year Performance: -4.50%
- 3-Year Performance: +7.73%
- 5-Year Performance: +206.03%
- Since Inception (Dec 2014): +4,494.43%
These figures illustrate the significant long-term growth potential of the mid-cap digital asset sector, despite shorter-term periods of volatility.
Record Highs and Lows:
Tracking the extremes of index performance helps define its historical range.
- All-Time High/Low: 25,458.94 / 51.47
- 52-Week High/Low: 9,280.29 / 3,432.83
Volatility Measures:
Volatility is a key characteristic of digital asset markets.
- 1-Month Volatility: 76.37
- 1-Year Volatility: 73.05
This level of volatility highlights the importance of a structured index for gaining diversified exposure, which can help mitigate individual asset risk. For those looking to track these movements with advanced tools, you can explore more strategies for monitoring index performance.
Index Composition and Review Schedule
The MVDAMC is not a static list; it undergoes a rigorous monthly review process to ensure it continues to accurately represent the mid-cap digital asset market. This process involves re-evaluating the eligibility and ranking of assets based on the latest market data.
Scheduled Reviews for 2025:
The review schedule is predetermined and transparent, with announcements and implementations typically happening at the end of each month. The next review is announced on July 28, 2025, with implementation on July 31, 2025.
This regular maintenance ensures the index remains relevant and accurately reflects the evolving market landscape. Changes are announced in advance, allowing market participants to anticipate and react to adjustments in the index's composition.
Top Index Components
The index's composition is weighted by market capitalization, meaning larger mid-cap assets have a greater influence on its performance. The top components can change over time due to market movements and periodic reviews.
A snapshot of some of the top-weighted components includes assets like WhiteBIT Coin, Polkadot, Bitget Token, Uniswap Protocol Token, and Aave. The presence of decentralized finance (DeFi) tokens and emerging platforms showcases the diversity within the mid-cap segment. This diversified exposure is one of the primary benefits of using an index rather than investing in single assets.
Frequently Asked Questions
What is the purpose of the MVDAMC index?
The MVDAMC index is designed to track the performance of 30 mid-sized digital assets, providing a benchmark for this specific segment of the cryptocurrency market. It helps investors gauge the overall health and trends of mid-cap cryptocurrencies without having to analyze each one individually.
How often is the index rebalanced?
The index undergoes a formal review every month. During this review, components are reassessed based on the latest market capitalization data to ensure the index continues to meet its objective of tracking mid-cap digital assets.
Who uses the MVDAMC index?
The index is primarily used by institutional investors, fund managers, and financial product creators. It serves as a basis for Exchange-Traded Products (ETFs), mutual funds, certificates, and other financial instruments that aim to provide investors with exposure to mid-cap digital assets.
What is the difference between a price return and a total return index?
A price return index (like the standard MVDAMC) only reflects the changes in the prices of the underlying assets. A total return index assumes that any income generated by the assets (like staking rewards for proof-of-stake cryptocurrencies) is reinvested back into the index, providing a more comprehensive performance picture.
How can I get real-time data on the index?
Real-time data and historical performance statistics for the MVDAMC index are disseminated by MarketVector and available through various financial data providers and platforms. To view real-time tools and data offerings, you can explore specialized financial data services.
Is the index licensed for creating financial products?
Yes, a license agreement from MarketVector is required to use the MVDAMC index for the creation, trading, or marketing of financial products such as ETFs, derivatives, or structured products. This ensures the intellectual property is properly managed and the index is used correctly.