FTSE Russell maintains the Russell 3000 Index, which despite its name includes 4000 largest publicly traded U.S. companies.
Russell 3000 Index is broken down into the following subgroups:
Russell 1000: The 1000 largest Russell 3000 Index companies.
Russell 2000: Companies ranked 1,001 – 3,000 in size
Russell Microcap Index: Companies ranked 2,001 – 4000 in size (overlaps with the Russell 2000)
So, depending upon a stock’s position in the Russell 3000, it could be in any index tracker fund that tracks Russell 3000, Russell 2000 and Russell Microcap index.
On Monday June 27, 2022 equity markets started trading with the reconstituted Russell 3000, Russell 2000 and Russell 1000 indices.
Top 10 Russell 2000 Index Funds. Total Amount under Management $ 58,774,860,000 USD
Symbol .. ETF Name ……………………………….…. Amount under Management in USD $
1 IWM iShares Russell 2000 ETF ………………………….. Blackrock ………….. 51,840,000,000
2 VTWO Vanguard Russell 2000 ETF ……………………. Vanguard ………….… 5,490,000,000
3 TNA Direxion Daily Small Cap Bull 3x Shares….…. Direxion ……………… 1,020,000,000
4 TZA Direxion Daily Small Cap Bear 3X Shares …… Direxion …………….…… 410,430,000
5 IWML ETRACS 2x Leveraged U.S. Size Factor TR ETN .. UBS …………..……… 14,430,000
6 SRTY ProShares UltraPro Short Russell2000 …………… ProShares
7 URTY ProShares UltraPro Russell2000 …………………… ProShares
8 RWM ProShares Short Russell2000 ……………………… ProShares
9 TWM ProShares UltraShort Russell2000 ………………… ProShares
10 UWM ProShares Ultra Russell2000 ………………………. ProShares
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Not financial advice as I am not a financial advisor. Do your own research and do what you think is best for you.
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