History of Russell 2000 Index in Timeline
The Russell 2000 Index is a U.S. stock market index representing 2,000 of the smallest companies in the Russell Index. Launched in 1984 by the Frank Russell Company, it serves as a benchmark for small-cap stock performance. FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG), currently maintains the index. It is widely used by investors to gauge the overall health and direction of the small-cap segment of the U.S. equity market.
1984: Russell 2000 Index launch
In 1984, the Frank Russell Company started the Russell 2000 Index, a small-cap U.S. stock market index.
May 20, 2013: Russell 2000 Exceeds 1,000 Level
On May 20, 2013, the Russell 2000 Index first traded above the 1,000 level.
December 23, 2020: Russell 2000 Surpasses 2,000 Level
On December 23, 2020, the Russell 2000 Index traded above the 2,000 level for the first time.
December 2024: Russell 2000 Market Capitalization Update
As of December 31, 2024, the weighted average market capitalization of a company in the Russell 2000 Index is approximately $3.65 billion, with a median of approximately $0.99 billion, and the largest company's market capitalization is about $14.72 billion.
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