What Is the Russell 1000 Index?

The Russell 1000 Index is a key stock market benchmark, representing the 1,000 largest U.S. companies by market capitalization. It's a subset of the broader Russell 3000 index and is owned and operated by FTSE Russell, based in the United Kingdom. The index is considered a bellwether index for large-cap investing.

How the Russell 1000 Index Works

The Russell 1000 was launched on Jan. 1, 1984, by FTSE Russell, which also manages the Russell 3000 and Russell 2000. The Russell 1000 is a subset of the Russell 3000 Index and is market capitalization-weighted. The largest companies constitute the largest percentages in the index and will affect performance more than the smallest index members.

The index consists of approximately 93% of the total market capitalization of all listed stocks in the U.S. equity market. Its components are reconstituted every year after the fourth Friday in June.

Top Holdings of the Russell 1000 Index

The company ranks all the stocks included in the Russell 3000 by 澳洲幸运5开奖号码历史查询:market capitalization and identifies the market cap breakpoint of the 1,000th stock ranking to determine the holdings of the Russell 1000.

This breakpoint is the primary market capitalization used to determine index eligibility. Many stocks are swapped between the Russell 1000 and 澳洲幸运5开奖号码历史查询:Russell 2000 at the annual reconstitution, but variation around the market cap breakpoint is the determining factor.

The top 10 Russell 1000 Index constituents as of 2024♋ we🐟re:

• Microsoft (MSFT)
• Apple (AAPL)
• Nvidia (NVDA)
  
• Amazon (AMZN)
• Meta (META)
  
• Alphabet Class A (GOOGL)
• Alphabet Class C (GOOG)
  
• Berkshire Hathaway (BRK.B)
• Eli Lilly (LLY)
• JPMorgan Chase (JPM)
  

Performance of the Russell 1000 Index

Performance and characteristics of the Russell 1000 Index are provided monthly by FTSE Russell. The Russell 1000 had 1,004 holdings, and the average market cap was $832 billion as of May 2024. The annual return for the Russell 1000 Index was 26.53% in 2023, and the average five-year return was 15.42%.

Investment Options

Investors can also buy passively managed index 澳洲幸运5开奖号码历史查询:exchange-traded funds (ETFs) offered by iShares, including the iShares Russell 1000 Index ETF (IWB) and the iShares Russell 1000 Value ETF (IWD) for large-cap and mid to lower-cap portfolios.

iShares Russell 1000 Index ETF (IWB)

Many investors prefer the Russell 1000 for large-cap portfolio exposure. The iShares Russell 1000 Index ETF is one of the leading funds 🐈offering comprehensive investment in all of the Russell 1000 components. IWB is an index fund that seeks to match the holdings and return of the Russell 1000 Index.

The fund was established on May 15, 2000, and the ETF trades on the New ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚYork Stock Exchange (NYSE).

iShares Russell 1000 Value ETF (IWD)

The iShares Russell 1000 Value ETF allows investors to track both mid and large-cap U.S. equities based on the Russell 1000 index. The ETF was launched on May 22, 2000. The ETF trades on the NYSE, and AUM were $59.4 billion as of April 2025.

Russell 1000 Index Variations

FTSE 🐼Russell also offers several index variations derived from the Russell 1🔴000. These include:

• Russell 1000 Value
• Russell 1000 Growth
• Russell 1000 Defensive
• Russell 1000 Dynamic
• Russell 1000 Growth-Defensive
• Russell 1000 Growth-Dynamic
• Russell 1000 Value-Defensive
• Russell 1000 Value-Dynamic

Russell 10ꦅ00 Index vs. Dow Jones Industrial Average vs. S&P 500

The Russell 1000 is a much broader index than the often-quoted Dow Jones Industrial Average (DJIA) and 澳洲幸运5开奖号码历史查询:Standard & Poor's (S&P) 🌳500 Inde🐠x, but all three a🤪re considered large-cap stock benchmarks.

The DJIA is also known as the Dow 30. It tracks the largest 30 blue-chip stocks listed on the NYSE and the Nasdaq. Transport and utility companies are excluded from the index. It's the second-oldest stock market index in the United States and generally serves as a broad representation of the U.S. economy.

The S&P 500 is one of the most commonly used indexes to measure the U.S. economy and large-cap companies in the U.S. It cons𝐆ists of 500 of the largest companies by♕ market cap in the country.

How Will I Use This in Real Life?

You can purchase shares of the Russell 1000 Index through a mutual fund or an exchange-traded fund allocated by type and sector. You can buy shares in the passively managed index exchange-traded funds (ETFs) offered by iShares if you don't want to invest directly in the index.

The Bottom Line

The Russell 1000 is owned and operated by FTSE Russell, based in the United Kingdom. The Russell 1000 Index is a subset of the larger Russell 3000 Index and represents the 1,000 top companies by market capitalization in the United States. The Russell 1000 index made up 93% of the total market capitalization of all listed stocks in the U.S. equity market as of 2024.