Misplaced Pages

Russell 2000 Index

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from Russell 2000) US small-cap stock market index
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources in this article. Unsourced material may be challenged and removed.
Find sources: "Russell 2000 Index" – news · newspapers · books · scholar · JSTOR (July 2018) (Learn how and when to remove this message)

Russell 2000
Index between 1978–2012
Foundation1984; 40 years ago (1984)
OperatorFTSE Russell
Exchanges
Trading symbol
  • ^RUT
  • RUT
  • RTY
Constituents1,947 (February 29, 2024)
TypeSmall-cap
Weighting methodFree-float capitalization-weighted
Related indicesRussell 3000 Index
Websiteftse.com/products/indices/russell-us

The Russell 2000 Index is a small-cap U.S. stock market index that makes up the smallest 2,000 stocks in the Russell Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG).

Overview

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 small-cap to mid-cap company shares. It is commonly considered an indicator of the U.S. economy due to its focus on small-cap companies in the U.S. market. The index represents approximately 7% of the total market capitalization of the Russell 3000 Index. As of 30 November 2024, the weighted average market capitalization of a company in the index is approximately $3.97 billion and the median market capitalization is approximately $1.07 billion. The market capitalization of the largest company in the index is approximately $17.26 billion.

It first traded above the 1,000 level on May 20, 2013, and above the 2,000 level on December 23, 2020.

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.

Example Members of Russell 2000
Company Symbol
ADTRAN Holdings, Inc. ADTN
Alight, Inc. ALIT
Championx Corporation CHX
Chart Industries Inc GTLS
Denali Therapeutics, Inc. DNLI
Dorman Products, Inc. DORM
EverQuote, Inc. EVER
Fulton Financial Corp. FULT
Spok, Inc. SPOK
Tilly's, Inc. TLYS
Workiva WK


Record values

Category All-Time Highs
Closing 2,442.74 Monday, November 8, 2021
Intraday 2,466.49 Monday, November 25, 2024

Annual returns

Year Price return Total return
1995 26.21% 28.45%
1996 14.76% 16.49%
1997 20.52% 22.36%
1998 −3.45% –2.55%
1999 19.62% 21.26%
2000 −4.20% –3.02%
2001 1.03% 2.49%
2002 −21.58% –20.48%
2003 45.37% 47.25%
2004 17.00% 18.33%
2005 3.32% 4.55%
2006 17.00% 18.37%
2007 −2.75% –1.57%
2008 −34.80% –33.79%
2009 25.22% 27.17%
2010 25.31% 26.85%
2011 −5.45% –4.18%
2012 14.63% 16.35%
2013 37.00% 38.82%
2014 3.53% 4.89%
2015 −5.71% –4.41%
2016 19.48% 21.31%
2017 13.14% 14.65%
2018 −12.18% −11.01%
2019 23.72% 25.52%
2020 18.36% 19.96%
2021 13.69% 14.82%
2022 –21.56% –20.44%
2023 15.09% 16.93%

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. It is not possible to invest directly in an index.

See also

References

  1. "Index factsheet Russell 2000 Index" (PDF). Retrieved February 23, 2024. As of January 31, 2024
  2. "Russell 2000® Index Factsheet". ftserussell.com. November 30, 2024. Retrieved December 17, 2024.
  3. "Russell 2000 (^RUT) Historical Data - Yahoo Finance".

External links

Major United States stock market indices
Major North and South American stock market indices
United States
Canada
Mexico
Colombia
Brazil
Chile
Argentina
Peru
Stock market indices
Global
Equities
Commodities
Regional
Asia
Europe
Latin America
Other
Industry indices
Energy
Electronics
Metals
Real estate
Water
Other
Americas
US
Major
Other
Canada
Other
Europe
UK
France
Other
Asia
China
India
Japan
South Korea
Other
Oceania
Australia
New Zealand
Africa
Categories: