Russell 2000 Index
Index between 1978–2012 | |
Foundation | 1984 |
---|---|
Operator | FTSE Russell |
Exchanges |
New York Stock Exchange NASDAQ OTC Markets Group |
Constituents | 2000 |
Type | Small-cap |
Weighting method | Free-float capitalization-weighted |
Related indices | Russell 3000 |
Website |
www |
The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index.
The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as "small-cap", while the S&P 500 index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of the small-cap to mid-cap company shares. The index represents approximately 8% of the total market capitalization of the Russell 3000 Index. The average market capitalization for a company in the index is around $1.26 billion. The median market cap is around $528 million. The market cap of the largest company in the index is around $5.0 billion. Its first trades above the 1,000 level occurred May 21–22, 2013.
Similar small-cap indices include the S&P 600 from Standard & Poor's, which is less commonly used, along with those from other financial information providers.
The ticker symbol on most systems is ^RUT.
Records
Category | All-Time Highs | |
---|---|---|
Closing | 1,347.20 | Friday, November 25, 2016 |
Intraday | 1,347.20 | Friday, November 25, 2016 |
Annual returns
Year | Return |
---|---|
1998 | −3.% |
1999 | +19.62% |
2000 | −4.20% |
2001 | +1.03% |
2002 | −21.58% |
2003 | +45.37% |
2004 | +17.00% |
2005 | +3.32% |
2006 | +17.00% |
2007 | −2.75% |
2008 | −34.80% |
2009 | +25.22% |
2010 | +25.31% |
2011 | −5.45% |
2012 | +14.63% |
2013 | +37.00% |
2014 | +3.53% |
2015 | −5.250% |
Top 10 holdings
- Puma Biotechnology (NYSE: PBYI)
- Ionis Pharmaceuticals (NASDAQ: IONS)
- WEX (NYSE: WEX)
- Team Health Holdings (NYSE: TMH)
- Graphic Packaging Holding (NYSE: GPK)
- Ultimate Software Group (NASDAQ: ULTI)
- Prosperity Bancshares (NYSE: PB)
- Brunswick (NYSE: BC)
- RLJ Lodging Trust (NYSE: RLJ)
- CNO Financial Group (NYSE: CNO)
As of 30 September 2014[1]
Top sectors by weight
Top sectors by weight as of May 31, 2013[2]
- Financial Services
- Consumer Discretionary
- Producer Durables
- Technology
- Health Care
Investing
Many fund companies offer mutual funds and exchange-traded funds (ETFs) that attempt to replicate the performance of the Russell 2000. Their results will be affected by stock selection, trading expenses, and market impact of reacting to changes in the constituent companies of the index. Note that it is not possible to invest directly in an index.
See also
References
- ↑ "Russell 2000® Index". Russell Investments. Russell Indexes. Retrieved 23 October 2014.
- ↑ http://www.russell.com/Indexes/data/fact_sheets/us/Russell_2000_Index.asp
External links
- Russell 2000 Index Fact Sheet
- Russell US Indexes
- Russell Investment Group
- Yahoo! Finance page for ^RUT
- Bloomberg page for RTY:IND