The Russell Top 50 Index measures the performance of the largest companies in the Russell 3000 Index. It includes approximately 50 of the largest securities based on a combination of their market cap and current index membership and represents approximately 40% of the total market capitalization of the Russell 3000.
Contents
The index, which was launched on January 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RU50.
Investing
Prior to January 27, 2016, the index was tracked by an exchange-traded fund, the Guggenheim Russell Top 50 Mega Cap ETF (NYSE Arca: XLG). The ETF switched to the S&P 500 Top 50 Index.
Top 10 holdings
(as of December 31, 2016)
Top sectors by weight
References
Russell Top 50 Index Wikipedia(Text) CC BY-SA