The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market. It makes up less than 3% of the U.S. equity market. It includes 1,000 of the smallest securities in the
Russell 2000 Index based on a combination of their market cap and current index membership and it also includes up to the next 1,000 stocks. , the weighted average
market capitalization for a company in the index was $535 million; the median market cap was $228 million. The market cap of the largest company in the index was $3.6 billion.
The index, which was launched on June 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its
ticker symbol is ^RUMIC.
Records
In February 2021, during the
everything bubble, a record 14 members of the index exceeded the market capitalization of the smallest member of the
S&P 500 Index.
Investing
The Russell Microcap Index is tracked by the
iShares Micro-Cap
ETF ().
Top 10 holdings
*
Mercury Systems ()
*
Centerstate Banks ()
*
Lakeland Financial ()
*
Merit Medical Systems ()
*
Team Inc ()
*
Patrick Industries ()
*Synergy Pharmaceuticals ()
*
Hanmi Financial ()
*
Aerie Pharmaceuticals ()
*
Stewart Information Services ()
(as of December 31, 2016)[{{cite web, url=http://www.ftse.com/Analytics/FactSheets/temp/aa49d88e-99ff-48a1-b55a-330875911310.pdf , title=Russell Microcap Index factsheet]
Top sectors by weight
*Financial Services
*Health Care
*Consumer Discretionary
*Technology
*Producer Durables
See also
*
Russell Investments
*
Russell 2000 Index
*
Russell 1000 Index
References
External links
FTSE Russell Index Fact SheetFTSE Russell IndexesFTSE Russell Investment GroupIndex Construction and MethodologyYahoo! Finance page for ^RUMIC
American stock market indices
Financial services companies established in 1981
1981 establishments in the United States