Small is the new big so far in 2021, with the Russell Microcap® Index, comprised of the smallest 1,000 stocks in the US small-cap Russell 2000® Index, up more than 14%, trailed by steadily lower January returns for the Russell 2000® Index (+5.0%), Russell Midcap® Index (-0.3%) and the US large-cap Russell 1000® Index (-0.8%).
Catherine Yoshimoto, Director, Product Management, FTSE Russell:
“The Russell US Indexes are designed to provide comprehensive exposure to the US equity market and, due to their modular construction, are an excellent way for investors to gain accurate exposure to shifting market cap dynamics. From mega to micro-cap, it is important for investors to diversify across their market cap exposure and the Russell US Indexes provide an efficient vehicle to achieve that objective.”
Photo Credit: Laura Wolf via Flickr Creative Commons
This article was first published on February 5 on the FTSE Russell blog.
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The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. The Russell 2000 Index is a small-cap stock market index of the smallest 2,000 stocks in the Russell 3000 Index. The Russell Midcap Index measures performance of the 800 smallest companies in the Russell 1000 Index. The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 90% of the total market capitalisation of that index. Investors are unable to directly invest in an index.
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