Definitions for "Russell 2000 Index"
A market-capitalization weighted index that is the best known benchmark of small-cap stocks. It measures the 2,000 smallest companies in the U.S. market. These stocks represent only about 8% of the total marketâ€(tm)s capitalization (as represented by the broader Russell 3000 Index). As of the latest reconstitution, the average market capitalization of the Russell 2000 was approximately $526.4 million. The largest company in the index had an approximate market capitalization of $1.3 million. There are a number of index funds that track the Russell 2000.
Sarbanes-Oxley Act Securities and Exch. (SEC) Semiconductor ($SOX)
The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, which represents approximately 8% of the total market capitalization of the Russell 3000 Index. As of the latest reconstitution, the average market capitalization was approximately $530 million; the median market capitalization was approximately $410 million. The largest company in the index had an approximate market capitalization of $1.4 billion.