Russell Top 50 Index
The Russell Top 50 Index 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.
Investing
The index is tracked by an exchange-traded fund, the Guggenheim Russell Top 50 ETF (NYSE Arca: XLG).[1]
Top 10 holdings
- Apple Inc. (Nasdaq: AAPL)
- Microsoft Corporation (Nasdaq: MSFT)
- Exxon Mobil Corporation (NYSE: XOM)
- Johnson & Johnson (NYSE: JNJ)
- Berkshire Hathaway Inc (NYSE: BRK.B)
- General Electric Company (NYSE: GE)
- Wells Fargo & Company (NYSE: WFC)
- Procter & Gamble Company (NYSE: PG)
- JP Morgan Chase & Co. (NYSE: JPM)
- Verizon Communications Inc. (NYSE: VZ)
(as of December 2014)
Top sectors by weight
- Technology
- Health Care
- Energy
- Consumer Staples
- Financial Services