Russell 2000 Index

The Russell 2000 Index is a small-cap stock market index of the smallest 2,000 stocks in the Russell 3000 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.

Russell 2000
Russell 2000.png
Index between 1978–2012
Foundation1984 (1984)
OperatorFTSE Russell
Exchanges
Trading symbol^RUT
Constituents2,035 (January 31, 2021)
TypeSmall-cap
Weighting methodFree-float capitalization-weighted
Related indicesRussell 3000 Index
Websiteftse.com/products/indices/russell-us

OverviewEdit

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. As of 31 January 2021, the weighted average market capitalization for a company in the index is around $3.8 billion; the median market cap is $922 million. The market cap of the largest company in the index is $28.65 billion.[1] It first traded above the 1,000 level on May 20, 2013.

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.

Members of Russell 2000 Index
Company Symbol
AcelRx Pharmaceuticals ACRX
Adtran Inc. ADTN
Denali Therapeutics, Inc. DNLI
Dorman Products, Inc. DORM
Earthstone Energy, Inc. ESTE
EverQuote, Inc. EVER
Fulton Financial Corp. FULT
Tilly's, Inc. TLYS
Workiva WK

Record valuesEdit

Category All-Time Highs
Closing 2,360.17 Monday, March 15, 2021
Intraday 2,360.17 Monday, March 15, 2021

OtherEdit

Annual returnsEdit

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%

InvestingEdit

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. Note that it is not possible to invest directly in an index.

See alsoEdit

ReferencesEdit

  1. ^ "Russell 2000® Index Factsheet". ftse.com. February 28, 2019. Retrieved March 30, 2019.
  2. ^ Mackintosh, James (18 February 2012). "Tiny-Company Boom Makes Markets Look Silly". Wall Street Journal. Retrieved 20 February 2021. CS1 maint: discouraged parameter (link)

External linksEdit