Russell Microcap Index
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
Top sectors by weight
- Financial Services
- Health Care
- Consumer Discretionary
- Technology
- Producer Durables