Russell 2000
The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index.
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 the small-cap to mid-cap company shares. The index represents approximately 10% of the total market capitalization of the Russell 3000 Index. The average market capitalization for a company in the index is around $530 million. The median market cap is around $410 million. The market cap of the largest company in the index is around $1.4 billion. As of early January 2010, the index trades at the 634 level, down 26% from its highs around the 855 level in July 2007.
There is the competing S&P 600 from Standard & Poor's, which is not commonly used, along with other indexes from other financial information providers.
The ticker symbol on most systems is ^RUT.
Contents |
[edit] Top 10 Holdings
Top 10 Holdings as of March 31, 2010[1]
- Human Genome Sciences (NASDAQ: HGSI)
- Tupperware Brands (NYSE: TUP)
- 3COM (NASDAQ: COMS)
- Etrade (NASDAQ: ETFC)
- Assured Guaranty (NYSE: AGO)
- Solera Holdings (NYSE: SLH)
- Skyworks Solutions (NASDAQ: SWKS)
- United Continental Holdings (NYSE: UAL)
- Domtar (NYSE: UFS)
- Atheros Communications (NASDAQ: ATHR)
[edit] Top sectors by weight
- Financial Services
- Technology
- Health Care
- Consumer Discretionary
- Producer Durables
[edit] Investing
Currently, investment opportunities exist where one can capitalize on replicated movements in direct correlation to the Russell 2000. Asset management funds such as iShares, ProShares, Direxionshares and RydexShares offer ETFs that attempt to match the precise performance of the index in numerous ways. They are the following:
NYSE: RWM Inverse Index Performance
NYSE: UWM & NYSE: RRY Leveraged 200% Index Performance
NYSE: TWM & NYSE: RRZ Inverse Leveraged 200% Index Performance
NYSE: TNA Leveraged 300% Index Performance
NYSE: URTY Leveraged 300% Index Performance
NYSE: TZA Inverse Leveraged 300% Index Performance
NYSE: SRTY Inverse Leveraged 300% Index Performance
NYSE: IWN Value Sector Performance
NYSE: UVT Value Sector Leveraged 200% Performance
NYSE: SJH Value Sector Inverse Leveraged 200% Performance
NYSE: IWO Growth Sector Performance
NYSE: UKK Growth Sector Leveraged 200% Performance
NYSE: SKK Growth Sector Inverse Leveraged 200% Performance
[edit] See also
- Russell Investments
- Russell Indexes
- Russell 3000 Index
- Russell 2500 Index
- Russell 1000 Index
- Russell Top 200 Index
- Russell Top 50 Index
- Russell Midcap Index
- Russell Microcap Index
- Russell Small Cap Completeness Index
- S&P 600 Index
[edit] External links
- Official website
- Russell Indexes
- Russell Investment Group
- Index Construction and Methodology
- Yahoo! Finance page for ^RUT
