Russell Midcap Index
The Russell Midcap Index measures performance of the 800 smallest companies (approximately 27% of total capitalization) in the Russell 1000 Index. As of 30 November 2022[update], the stocks of the Russell Midcap Index have a weighted average market capitalization of approximately $22.64 billion, median market capitalization of $9.91 billion, and the market capitalization of the largest company is $54.74 billion.[1] The index, which was launched on November 1, 1991, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group.
Its ticker symbol is ^RMCC.
Investing
[edit]The Russell Midcap Index is tracked by an ETF, iShares Russell Mid-Cap (NYSE Arca: IWR).[2]
Annual returns
[edit]| Year | Total return |
|---|---|
| 1995 | 34.45% |
| 1996 | 19.00% |
| 1997 | 29.01% |
| 1998 | 10.09% |
| 1999 | 18.23% |
| 2000 | 8.25% |
| 2001 | –5.62% |
| 2002 | −16.19% |
| 2003 | 40.06% |
| 2004 | 20.22% |
| 2005 | 12.65% |
| 2006 | 15.26% |
| 2007 | 5.60% |
| 2008 | −41.46% |
| 2009 | 40.48% |
| 2010 | 25.48% |
| 2011 | −1.55% |
| 2012 | 17.28% |
| 2013 | 34.76% |
| 2014 | 13.22% |
| 2015 | −2.44% |
| 2016 | 13.80% |
| 2017 | 18.52% |
| 2018 | –9.06% |
| 2019 | 30.54% |
| 2020 | 17.10% |
Top 10 holdings
[edit]- ServiceNow (NYSE: NOW)
- Analog Devices (Nasdaq: ADI)
- Fidelity National Information Services (NYSE: FIS)
- Edwards Lifesciences (NYSE: EW)
- Sempra Energy (NYSE: SRE)
- Roper Technologies (NYSE: ROP)
- Worldpay, Inc. (NYSE: WP)
- Fiserv (Nasdaq: FISV)
- Ross Stores (Nasdaq: ROST)
- Dollar General (NYSE: DG)
(as of June 30, 2019)[3]
Top sectors by weight
[edit]- Financial Services
- Technology
- Consumer Discretionary
- Producer Durables
- Health Care