MSCI South Africa Minimum Volatility Index (ZAR)

The MSCI South Africa Minimum Volatility Index (ZAR) aims to reflect the performance characteristics of a minimum variance strategy applied to large and mid cap equities across South Africa. The index is calculated by optimizing the MSCI South Africa Index, its parent index, for the lowest absolute risk (within a given set of constraints) and is denominated in South African rand (ZAR).
Index code
145658
Index type
Equity
Benchmark administrator
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Div Yld (%)
3.57
P/E
13.58
P/E Fwd
9.32
P/BV
2.13
Number of constituents
25
Index Market Cap
$355.55 B
Largest constituent Market Cap
$33.55 B
Smallest constituent Market Cap
$3.05 B
Average constituent Market Cap
$14.22 B
Median constituent Market Cap
$12.79 B
Does this benchmark pursue ESG objectives?
N/A*
Data as of March 31, 2026 
* For ESG objective information, please see this page

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