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Russell 2000 Index
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==Overview== The Russell 2000 is by far the most common benchmark for [[mutual fund]]s that identify themselves as "[[Market capitalization#Market cap terms|small-cap]]", while the [[S&P 500]] index is used primarily for large capitalization stocks. It is the most widely quoted measure of the overall performance of small-cap to mid-cap company shares. It is commonly considered an indicator of the U.S. economy due to its focus on small-cap companies in the U.S. market. The index represents approximately 7% of the total market capitalization of the [[Russell 3000 Index]].<ref>{{cite web |url=https://research.ftserussell.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=US2000USD&isManual=True |format=PDF |title=Index factsheet Russell 2000 Index |accessdate=2024-02-23 |quote=As of January 31, 2024 }}</ref> {{as of|2024|12|31}}, the weighted average market capitalization of a company in the index is approximately $3.65 billion and the median market capitalization is approximately $0.99 billion. The market capitalization of the largest company in the index is approximately $14.72 billion.<ref>{{cite web|url=https://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue?openfile=open&issueName=US2000USD&isManual=True|title=Russell 2000ยฎ Index Factsheet|date=December 31, 2024|website=ftserussell.com|access-date=January 21, 2025}}</ref> It first traded above the 1,000 level on May 20, 2013, and above the 2,000 level on December 23, 2020. Similar small-cap indices include the [[S&P 600]] from [[Standard & Poor's]], which is less commonly used, along with those from other financial information providers. {| class="wikitable" |+Example Members of Russell 2000 !Company !Symbol |- |[[Adtran|ADTRAN Holdings, Inc.]] |ADTN |- |[[Alight Solutions|Alight, Inc.]] |ALIT |- |[[Nalco Champion|Championx Corporation]] |CHX |- |Chart Industries Inc |GTLS |- |Denali Therapeutics, Inc. |DNLI |- |[[Dorman Products|Dorman Products, Inc.]] |DORM |- |[[EverQuote|EverQuote, Inc.]] |EVER |- |[[Fulton Financial Corporation|Fulton Financial Corp.]] |FULT |- |[[Spok, Inc.]] |SPOK |- |[[Tilly's, Inc.]] |TLYS |- |[[Workiva]] |WK |}
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