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Russell 1000 Index
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{{Short description|Stock index}} {{Infobox index | name = Russell 1000 Index | logo = | image = | caption = | foundation = {{Start date and age|1984|01|01}} | operator = [[FTSE Russell]] | exchanges = {{ubl|[[New York Stock Exchange|NYSE]]|[[Nasdaq]]|[[Cboe Global Markets|Cboe BZX Exchange]]}} | constituents = {{approx.|1,000}} | cap_level = [[Market capitalization#Market cap terms|Large cap]] | mcap = | weighting = [[Capitalization-weighted index|Free-float capitalization-weighted]] | related = [[Russell 3000 Index]] | symbol = {{UBL |RUI |.RUI |^RUI }} | homepage = {{URL|ftse.com/products/indices/russell-us}} | reuters = | bloomberg = RIY:IND }} The '''Russell 1000 Index''' is a U.S. [[stock market index]] that tracks the highest-ranking 1,000 stocks in the [[Russell 3000 Index]], which represent about 93% of the total [[market capitalization]] of that index. {{as of|2024|12|31}}, the stocks of the Russell 1000 Index had a [[weighted average]] market capitalization of $1.013 trillion and a [[median]] market capitalization of $15.7 billion. {{as of|2020|05|08}}, components ranged in market capitalization from $1.8 billion to $1.4 trillion.<ref>{{cite web | url=https://www.ftserussell.com/research-insights/russell-reconstitution/market-capitalization-ranges | title=Market capitalization Ranges | publisher=[[FTSE Russell]]}}</ref> The index, which was launched on January 1, 1984, is maintained by [[FTSE Russell]], a subsidiary of the United Kingdom-based [[London Stock Exchange Group]]. The [[ticker symbol]] is typically RUI, .RUI or ^RUI. There are several [[exchange-traded funds]] and [[mutual fund]]s that track the index.
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