Russell Top 50 Index
The Russell Top 50 Index also known as the Russell Top 50 Mega Cap is a stock market index that measures the performance of the largest companies in the Russell 3000 Index. It includes approximately 50 of the largest securities based on a combination of their market cap and current index membership and represents approximately 40% of the total market capitalization of the Russell 3000.
The index, which was launched on January 1, 2005, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RU50.
Investing
Prior to January 27, 2016, the index was tracked by an exchange-traded fund, the Guggenheim Russell Top 50 Mega Cap ETF. The ETF switched to the S&P 500 Top 50 Index.Top 10 holdings
- Apple Inc.
- Microsoft Corp
- Amazon.com
- Meta Platforms
- Alphabet Inc Cl A
- Alphabet Inc Cl C
- Berkshire Hathaway Inc
- Johnson & Johnson
- Procter & Gamble
- Visa Inc.
Top sectors by weight
- Technology
- Consumer Discretionary
- Health Care
- Industrials
- Financials