The Venezuela Recovery Index is a synthetic index that tracks globally-listed companies positioned to benefit from Venezuela's economic recovery, sanctions relief, and market normalization. It provides investors with a benchmark to monitor the recovery theme.

Venezuela's economic trajectory depends on multiple factors including sanctions policy, political developments, and oil production capacity. The VRI tracks companies that would benefit from various normalization scenarios without predicting specific outcomes.

The VRI constituents are all publicly-traded on major exchanges (NYSE, NASDAQ, LSE, Euronext). Investors can research individual constituents based on their risk tolerance and investment objectives. The VRI itself is not an investable product.

Companies with historical Venezuela operations (Chevron, Repsol, Eni), oilfield services providers (SLB, Halliburton, Baker Hughes), infrastructure firms, payment networks, and commodity traders are positioned to benefit from sanctions relief.

The VRI is a research and analytical tool, not an investable product. It serves as a benchmark for tracking the Venezuela recovery theme. Individual constituents can be purchased through standard brokerage accounts.

Index values are updated daily based on closing prices. The constituent list and weights are reviewed quarterly with potential event-triggered rebalancing.

The VRI uses a rules-based methodology with sector allocation (Energy 45%, Infrastructure 20%, Financials 15%, Shipping 10%) followed by float-adjusted market cap weighting within sectors. See the Methodology page for full details.

Venezuelan domestic markets are largely inaccessible to international investors due to capital controls and sanctions. The VRI tracks liquid, internationally-traded proxies that provide exposure to the Venezuela recovery theme.