Russell 3000 Index
{{Short description|Capitalization-weighted stock index}}
The Russell 3000 Index is a capitalization-weighted stock market index 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 the United States as measured by total market capitalization, and represents approximately 98% of the American public equity market. The index was launched on January 1, 1984, and is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. {{As of|2024|12|31|post=,}} the weighted average market capitalization of a company in the index is approximately $966 million and the median market capitalization is $2.28 billion.
The ticker symbol on most systems is either RUA or ^RUA.
| class="wikitable sortable floatright" style="text-align:center"
|+ Annual returns | ||
| Year | Price return{{cite news |title=Russell 1000 (^RUA) |url=https://finance.yahoo.com/quote/%5ERUA/history/ |access-date=December 8, 2021 }} | Total return |
|---|---|---|
| 1994 | −2.48% | 0.19% |
| 1995 | 33.58% | 36.80% |
| 1996 | 19.19% | 21.82% |
| 1997 | 29.47% | 31.78% |
| 1998 | 22.32% | 24.14% |
| 1999 | 19.43% | 20.90% |
| 2000 | −8.52% | style="color:red"| –7.46% |
| 2001 | –12.62% | style="color:red"| –11.46% |
| 2002 | –22.81% | style="color:red"| –21.54% |
| 2003 | 28.73% | 31.06% |
| 2004 | 10.08% | 11.95% |
| 2005 | 4.28% | 6.12% |
| 2006 | 13.66% | 15.71% |
| 2007 | 3.30% | 5.14% |
| 2008 | −38.70% | style="color:red"| –37.31% |
| 2009 | 25.46% | 28.34% |
| 2010 | 14.75% | 16.93% |
| 2011 | −0.92% | 1.03% |
| 2012 | 13.98% | 16.42% |
| 2013 | 30.95% | 33.55% |
| 2014 | 10.45% | 12.56% |
| 2015 | −1.47% | 0.48% |
| 2016 | 10.42% | 12.74% |
| 2017 | 18.85% | 21.13% |
| 2018 | −6.99% | style="color:red"| −5.24% |
| 2019 | 28.54% | 31.02% |
| 2020 | 18.82% | 20.89% |
| 2021 | 24.00% | 25.66% |
| 2022 | –20.48% | style="color:red"| –19.21% |
| 2023 | 23.95% | 25.96% |
| 2024 | 22.15% | 23.81% |
Investing
The Russell 3000 Index is tracked by several exchange-traded funds, such as the iShares Russell 3000 ETF ({{NYSE Arca|IWV}}){{cite web|url=http://www.ishares.com/us/products/239714/ishares-russell-3000-etf|title=iShares Russell 3000 ETF | IWV}} and the Vanguard Russell 3000 ETF ({{NASDAQ|VTHR}}).{{cite web|url=https://personal.vanguard.com/us/funds/snapshot?FundId=3354&FundIntExt=INT|title=Vanguard page for Vanguard Russell 3000 ETF}}
Ten largest constituents
- Apple - {{NASDAQ|AAPL}}
- Nvidia - {{NASDAQ|NVDA}}
- Microsoft - {{NASDAQ|MSFT}}
- Amazon - {{NASDAQ|AMZN}}
- Meta - {{NASDAQ|META}}
- Tesla - {{NASDAQ|TSLA}}
- Alphabet (Class A) - {{NASDAQ|GOOGL}}
- Broadcom - {{NASDAQ|AVGO}}
- Alphabet (Class C) - {{NASDAQ|GOOG}}
- Berkshire Hathaway - {{NYSE|BRK.B}}
(as of December 31, 2024){{cite web|url=https://research.ftserussell.com/Analytics/FactSheets/Home/DownloadSingleIssue?openfile=open&issueName=US1000USD&isManual=True |title=Index factsheet}}
Top sectors ordered by weight
- Technology
- Consumer Discretionary
- Industrials
- Financials
- Health Care
- Consumer Staples
- Energy
- Real Estate
- Utilities
- Telecommunications
- Basic Materials
(as of December 31, 2024){{cite web|url=http://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue?openfile=open&issueName=US3000USD&isManual=True|title=Index factsheet}}
See also
References
{{Reflist}}
External links
- [http://www.russell.com/us/sitenav.asp Russell Investment Group]
- [http://www.ftse.com/products/downloads/Russell-US-indexes.pdf?552 Index Construction and Methodology]
- [https://finance.yahoo.com/q?s=^RUA Yahoo! Finance page for ^RUA]
- [https://www.bloomberg.com/quote/RAY:IND Bloomberg page for RAY:IND]