Russell 3000
Encyclopedia
The Russell 3000 Index is a stock market index
Stock market index
A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....

 of US stocks.

The ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...

 is ^RUA.

This index measures the performance of 3,000 publicly held US companies based on total market capitalization, which represents approximately 98% of the investable US market.

Annual returns reflected by the Russell 3000

Year Return
1994 0.19
1995 36.80
1996 21.82
1997 31.78
1998 24.14
1999 20.90
2000 −7.46
2001 −11.46
2002 −21.54
2003 31.06
2004 11.95
2005 6.12
2006 15.71
2007 5.14
2008 −37.31

Investing

The Russell 3000 Index is tracked by the iShares
IShares
iShares are a family of exchange-traded funds managed by BlackRock. The first iShares were known as WEBS but were since rebranded.Each iShares fund tracks a bond or stock market index...

 ETF
Exchange-traded fund
An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. Most ETFs track an index, such as the S&P 500 or MSCI EAFE...

 .

Top 10 holdings

  • ExxonMobil
    ExxonMobil
    Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas...

     
  • Apple 
  • Microsoft
    Microsoft
    Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions...

     
  • IBM
    IBM
    International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

     
  • Wells Fargo
    Wells Fargo
    Wells Fargo & Company is an American multinational diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the U.S. by assets and the largest bank by market capitalization. Wells Fargo is the second largest bank in deposits, home...

     
  • Procter & Gamble
    Procter & Gamble
    Procter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....

     
  • Pfizer
    Pfizer
    Pfizer, Inc. is an American multinational pharmaceutical corporation. The company is based in New York City, New York with its research headquarters in Groton, Connecticut, United States...

     
  • Johnson & Johnson
    Johnson & Johnson
    Johnson & Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500....

     
  • General Electric
    General Electric
    General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

     
  • Bank of America
    Bank of America
    Bank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...

     

(as of November 2010)

Top sectors by weight

  • Technology
  • Financial Services
  • Health Care
  • Consumer Discretionary
  • Energy

See also

  • Russell Investments
  • Russell Indexes
    Russell Indexes
    The Russell Indexes are a family of global equity indices that allow investors to track the performance of distinct market segments worldwide. Many investors use mutual funds or exchange-traded funds based on the Russell Indexes as a way of gaining exposure to certain portions of the U.S. stock...

  • Russell 2500 Index
    Russell 2500 Index
    The Russell 2500 Index measures the performance of the 2,500 smallest companies in the Russell 3000 Index, or about 19% of its total capitalization. Weighted average capitalization is approximately $2 billion and median capitalization is $705.8 million. The largest company in the index is $4.5...

  • Russell 2000 Index
  • Russell 1000 Index
  • Russell Top 200 Index
    Russell Top 200 Index
    The Russell Top 200 Index measures the performance of the 200 largest companies in the Russell 1000 Index, with weighted average market capitalization of $110.5 billion...

  • Russell Top 50 Index
    Russell Top 50 Index
    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...

  • Russell Midcap Index
  • Russell Microcap Index
    Russell Microcap Index
    The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market...

  • Russell Small Cap Completeness Index
    Russell Small Cap Completeness Index
    The Russell Small Cap Completeness Index measures the performance of the companies in the Russell 3000 Index excluding the companies in the S&P 500 Index. It provides a performance standard for active money managers seeking a liquid extended benchmark, and can be used for a passive investment...


External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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