Similar small-cap indices include the S&P 600 from Standard & Poor's, It first traded above the 1,000 level on May 20, 2013, and above the 2,000 level on December 23, 2020. The market capitalization of the largest company in the index is approximately $8.1 billion. As of 31 December 2022, the weighted average market capitalization of a company in the index is approximately $2.76 billion and the median market capitalization is approximately $950 million. The index represents approximately 10% of the total market capitalization of the Russell 3000 Index. economy due to its focus on small-cap companies in the U.S. It is commonly considered an indicator of the U.S. It is the most widely quoted measure of the overall performance of small-cap to mid-cap company shares. While the S&P 500 index is used primarily for large capitalization stocks. The Russell 2000 is by far the most common benchmark for mutual funds that identify themselves as ' small-cap', The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG). It was started by the Frank Russell Company in 1984. stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index. The Russell 2000 Index is a small-cap U.S.
