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. As of 31 December 2016, 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.
Foundation | 2005 |
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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.
Top 10 holdings
- Mercury Systems (NASDAQ: MRCY)
- Centerstate Banks (NASDAQ: CSFL)
- Lakeland Financial (NASDAQ: LKFN)
- Merit Medical Systems (NASDAQ: MMSI)
- Team Inc (NYSE: TISI)
- Patrick Industries (NASDAQ: PATK)
- Synergy Pharmaceuticals (NASDAQ: SGYP)
- Hanmi Financial (NYSE: HAFC)
- Aerie Pharmaceuticals (NASDAQ: AERI)
- Stewart Information Services (NYSE: STC)
(as of December 31, 2016)[2]
Top sectors by weight
- Financial Services
- Health Care
- Consumer Discretionary
- Technology
- Producer Durables