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. , 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.
The index was launched on June 1, 2005 by Russell Investments and is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RUMIC.
Records In February 2021, during the everything bubble, a record 14 members of the index exceeded the market capitalization of the smallest member of the S&P 500 Index.
Investing The Russell Microcap Index is tracked by the iShares Micro-Cap ETF ().iShares Russell Microcap(R) Index Fund (IWC): Overview - iShares
Top 10 holdings Mercury Systems () Centerstate Banks () Lakeland Financial () Merit Medical Systems () Team Inc () Patrick Industries () Synergy Pharmaceuticals () Hanmi Financial () Aerie Pharmaceuticals () Stewart Information Services () (as of December 31, 2016)
Top sectors by weight Financial Services Health Care Consumer Discretionary Technology Producer Durables
See also Russell 2000 Index Russell 1000 Index
References
External links FTSE Russell Index Fact Sheet FTSE Russell Indexes Index Construction and Methodology Yahoo! Finance page for ^RUMIC