The Russell 3000 Index is a
capitalization-weighted stock market index
In finance, a stock index, or stock market index, is an Index (economics), index that measures the performance of a stock market, or of a subset of a stock market. It helps investors compare current stock price levels with past prices to calcul ...
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 the United States as measured by total market capitalization, and represents approximately 98% of the American public equity market. The index was launched on January 1, 1984, and is maintained by
FTSE Russell
FTSE Russell is a subsidiary of London Stock Exchange Group (LSEG) that produces, maintains, licenses, and markets stock market indices. The division is notable for the FTSE 100 Index in the UK and the Russell 2000 Index in the US, among others. ...
, a subsidiary of the London Stock Exchange Group. the weighted average market capitalization of a company in the index is approximately $966 million and the median market capitalization is $2.28 billion.
The
ticker symbol
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols ...
on most systems is either RUA or ^RUA.
Investing
The Russell 3000 Index is tracked by several
exchange-traded fund
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or comm ...
s, such as the
iShares
iShares is a collection of exchange-traded funds (ETFs) and index mutual funds managed by BlackRock, which acquired the brand and business from Barclays in 2009. The first iShares ETFs were known as World Equity Benchmark Shares (WEBS) but hav ...
Russell 3000 ETF () and the Vanguard Russell 3000 ETF ().
Ten largest constituents
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Apple
An apple is a round, edible fruit produced by an apple tree (''Malus'' spp.). Fruit trees of the orchard or domestic apple (''Malus domestica''), the most widely grown in the genus, are agriculture, cultivated worldwide. The tree originated ...
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Nvidia
Nvidia Corporation ( ) is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Founded in 1993 by Jensen Huang (president and CEO), Chris Malachowsky, and Curti ...
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Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
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Amazon
Amazon most often refers to:
* Amazon River, in South America
* Amazon rainforest, a rainforest covering most of the Amazon basin
* Amazon (company), an American multinational technology company
* Amazons, a tribe of female warriors in Greek myth ...
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Meta -
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Tesla -
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Alphabet
An alphabet is a standard set of letter (alphabet), letters written to represent particular sounds in a spoken language. Specifically, letters largely correspond to phonemes as the smallest sound segments that can distinguish one word from a ...
(Class A) -
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Broadcom
Broadcom Inc. is an American multinational corporation, multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data cen ...
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Alphabet
An alphabet is a standard set of letter (alphabet), letters written to represent particular sounds in a spoken language. Specifically, letters largely correspond to phonemes as the smallest sound segments that can distinguish one word from a ...
(Class C) -
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...
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(as of December 31, 2024)
Top sectors ordered by weight
*Technology
*Consumer Discretionary
*Industrials
*Financials
*Health Care
*Consumer Staples
*Energy
*Real Estate
*Utilities
*Telecommunications
*Basic Materials
(as of December 31, 2024)
See also
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S&P 1500
The S&P 1500, or S&P Composite 1500 Index, is a stock market index of US stocks published by S&P Global. It includes all stocks in the S&P 500, S&P 400, and S&P 600. This index covers approximately 90% of the market capitalization of U.S. stoc ...
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Russell Investments
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Russell 2000 Index
The Russell 2000 Index is a small-cap U.S. stock market index that makes up the smallest 2,000 stocks in the Russell Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the L ...
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Russell 1000 Index
The Russell 1000 Index is a U.S. stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index.
, the stocks of the Russell 1000 Index had ...
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Wilshire 5000
The Wilshire 5000 Total Market Index, or more simply the Wilshire 5000, is a market-capitalization-weighted index of the market value of all American stocks actively traded in the United States. As of December 31, 2023, the index contained 3,40 ...
References
{{Reflist
External links
Russell Investment GroupIndex Construction and MethodologyYahoo! Finance page for ^RUABloomberg page for RAY:IND 3000_Index
American stock market indices