Modularity and flexibility of Russell US Indexes

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See how the indexes are built

Russell Top 500 Index

Russell Top 50 Mega Cap Index

Our transparent methodology offers comprehensive, modular representation of the entire investable US market and its size segments. Consistent breakpoints are applied to determine which companies are members of the large, mid and small cap indexes. Additional segmentation of mega, SMID and micro cap add flexibility.

Companies sorted by market cap

Smallest

Largest

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell Midcap Index

Russell 2500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

Russell US Indexes

Representative, relevant and reliable

Russell 3000E Index

The “extended” part of the Russell 3000E Index covers the micro cap segment of the market.

Stocks #1 - #4,000*

*The specific number of qualifying companies can vary year over year depending on how many microcap companies qualify based on eligibility requirements.

The Russell 3000E Index (“E” = extended) represents the investable US equity universe, from mega cap to micro cap, covering approximately 99% of the US equity market. It includes the Russell 3000 Index plus up to the next 1,000 eligible companies.

Russell Midcap Index

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell 2500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

Complete investable US equity universe

Russell Top 500 Index

Russell Top 50 Mega Cap Index

Stocks #1 - #3,000

The largest 3,000 companies in the Russell 3000E Index also make up the Russell 3000 Index, which is designed to give you a broad view of the market that excludes the smallest portion of micro cap companies. It represents an accessible picture of the total market.

Russell 3000 Index

Russell Midcap Index

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell 2500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

Largest 3,000 companies

Russell Top 500 Index

Russell Top 50 Mega Cap Index

Stocks #1,001 - #3,000

The next 2,000 companies make up the small cap index.

Stocks #1 - #1,000

The largest 1,000 companies make up the large cap index.

Russell 2000 Index

Russell 1000 Index

Russell Midcap Index

The Russell 3000 Index is segmented into modular components.

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell 2500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

1,000 + 2,000 = 3,000

Russell Top 500 Index

Russell Top 50 Mega Cap Index

Russell Midcap Index

Stocks #201 - #1,000

The next largest 800 companies in the Russell 1000 Index make up the Russell Midcap Index.

Stocks #1 - #200

The largest 200 companies in the Russell 1000 Index make up the Russell Top 200 Index.

Russell Top 200 Index

Russell Midcap Index

The Russell 1000 Index is segmented further into large and mid cap modules that can also be combined with the small cap Russell 2000 Index for complete market exposure.

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell 2500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

More large cap modularity

Russell Top 500 Index

Russell Top 50 Mega Cap Index

Russell Top 500 Index

Stocks #1 - #500

Includes the largest 500 companies in the Russell 1000 Index.

Stocks #1 - #50

Includes the largest 50 companies in the Russell 1000 Index.

Russell Top 50 Mega Cap Index

Stocks #501 - #3,000

Commonly known as SMID cap, this index includes the smallest 500 companies in the Russell 1000 Index plus the entire Russell 2000 Index.

Russell 2500 Index

Russell Midcap Index

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell 2500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

Further segmentation provides flexibility

Russell Top 500 Index

Russell Top 50 Mega Cap Index

Stocks #1 - #50

Includes the largest 50 companies in the Russell 1000 Index.

Russell Top 50 Mega Cap Index

Stocks #2,001 - #4,000

Includes the smallest 1,000 companies in the Russell 2000 Index plus up to the next 1,000 smallest eligible securities by market cap (the remainder of Russell 3000E Index). It was developed in 2005 from research that confirmed a need for a benchmark that truly represents how microcap managers invest.

Russell Microcap Index

Russell Midcap Index

Further segmentation provides flexibility

#3,000

#2,000

#1,000

#500

#200

#50

Stock #1

Russell 2000 Index

Russell Microcap Index

Russell 2500 Index

Russell Top 500 Index

Russell Top 200 Index

Russell 1000 Index

Russell 3000 Index

Russell 3000E Index

Russell Top 50 Mega Cap Index

The Russell US Indexes are modularly designed as the building blocks of a broad range of financial products, such as index tracking funds, derivatives and ETFs, as well as being performance benchmarks.

Find the index that fits

Representative, relevant and reliable

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About FTSE Russell

FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit ftserussell.com.

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