The Russell 3000 Index is a capitalization-weighted stock market index, maintained by FTSE Russell, that seeks to be a benchmark of the entire U.S stock market. It measures the performance of the 3,000 largest publicly held companies incorporated in America as measured by total market capitalization, and represents approximately 98% of the American public equity market. As of 31 December 2017, the stocks of the Russell 3000 Index have a weighted average market capitalization of around $164 billion; the median market capitalization is nearly $1.8 billion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group.
The ticker symbol on most systems is ^RUA.
Video Russell 3000 Index
Record values
Maps Russell 3000 Index
Annual returns
Investing
The Russell 3000 Index is tracked by several exchange-traded funds, such as the iShares Russell 3000 ETF (NYSE Arca: IWV) and the Vanguard Russell 3000 ETF (NASDAQ: VTHR).
Top 10 holdings
- Apple Inc. (NASDAQ: AAPL)
- Microsoft Corp (NASDAQ: MSFT)
- Amazon.com (NASDAQ: AMZN)
- Facebook (NASDAQ: FB)
- Berkshire Hathaway Inc (NYSE: BRK.B)
- Johnson & Johnson (NYSE: JNJ)
- JPMorgan Chase & Co (NYSE: JPM)
- Exxon Mobil Corp (NYSE: XOM)
- Alphabet Inc. (NASDAQ: GOOG)
- Alphabet Inc. (NASDAQ: GOOGL)
(as of December 31, 2017)
Top sectors by weight
- Financial Services
- Technology
- Consumer Discretionary
- Health Care
- Producer Durables
See also
- S&P 1500
- Russell Investments
- Russell 2000 Index
- Russell 1000 Index
References
External links
- Russell Investment Group
- Index Construction and Methodology
- Yahoo! Finance page for ^RUA
- Bloomberg page for RAY:IND
Source of the article : Wikipedia
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