Direct Answer
The Russell 3000 is a rule-based measurement of broad investable u.s. equity market, maintained by FTSE Russell. Like every index it owns nothing: it is a number produced by applying a published weighting formula to a selected list of companies, revised on a schedule the provider sets.
What this index covers
The Russell 3000 covers broad investable u.s. equity market, within the United States market. FTSE Russell defines which securities are eligible, how they are selected from that pool, and how much each one contributes to the published number.
The name states a target of 3000 companies. A target is not a guarantee of the exact count on any given day: corporate actions, dual share classes and pending additions all move the real number around it.
How constituents are weighted
Swoopr has not verified the weighting method for this index against FTSE Russell's current methodology document, so none is stated here rather than guessed. The provider link below is authoritative.
Current Russell 3000 constituents
FTSE Russell publishes and licenses the Russell 3000 constituent list. Swoopr does not republish it here. The provider's own page is the authoritative source for current membership and weights.
Related reading
- All stock market indexes: how indexes are built, weighted and revised.
- United States indexes: others covering the same region.
- Index concentration: measuring how much of an index sits in its largest holdings.
- Index rebalancing and inclusion effects: what happens to a stock when index membership changes.
Frequently Asked Questions
Who maintains the Russell 3000?
FTSE Russell maintains the Russell 3000 and publishes the methodology document that defines its eligibility and weighting rules.
What does the Russell 3000 measure?
It measures broad investable u.s. equity market. The index is a calculated number applying a weighting formula to a selected list of companies, and it holds nothing itself.
Where can I see the current Russell 3000 constituents?
FTSE Russell publishes the current constituent list. Swoopr does not republish it, because index providers license constituent data and Swoopr holds no such licence.