What does Russell index mean? What is the Russell index?

Russell index, initiated by FrankRussell Company and published by FrankRussell, Washington, is a weighted average of the total market funds, and it is one of the special tools to measure the stock price performance of SMEs. It is an index value that tracks large and small stocks in the American sales market. Russell takes the American sales market as the initial standard, and its constituent shares must be American companies. Russell announced that investors will expand the stock index value to more than 300 index values, and the total number of constituent stocks will be around 1 100, covering 63 countries and 22 regions around the world. That's what Russell index means.

Advantages of Russell index

1, the position of the stock in the index value is determined by the total market value rather than the objective judgment of the Committee;

2. Covering the world sales market 1 100 stocks, or 98% of the world's tradable stocks (eliminating the stocks with poor liquidity), Russell's new index value can be said to be universal, basically solving the problem of investment system loopholes or investment overlap in the structure;

3. These methods of dividing indexes by countries ignore the huge differences in the total market value of stocks in different countries.

This paper mainly writes the meaning of Russell index and related knowledge points, and the content is for reference only.