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 January 2017, the stocks of the Russell 3000 Index have a weighted average market capitalization of almost $129 billion; the median market capitalization is nearly $1.7 billion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group.
Contents
The ticker symbol on most systems is ^RUA.
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
(as of December 31, 2016)