Russell 2000

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Russell 2000
Russell Investment Group logo.svg
base data
Country United States
Stock exchange New York Stock Exchange
ISIN CH0009988194
WKN not known
symbol TOY
RIC ^ TOY
Bloomberg code RTY <INDEX>
category Stock index
Type Price index
family Russell

The Russell 2000 is an internationally esteemed stock index for small caps (small caps). It lists the 2000 smallest US companies weighted by market capitalization in the Russell 3000 .

calculation

The Russell 2000 is a price index and represents ten percent of the market capitalization of the US stock markets. The 2000 smallest stock companies of the Russell 3000 serve as the basis . The index is calculated using the value index formula, which indicates the total change in value as a measure. The Russell 2000 is not adjusted for dividend payments . Corporate actions such as stock splits have no (distorting) influence on the index.

The investment universe includes all US-based companies that are listed on the New York Stock Exchange (NYSE), NYSE Amex (formerly American Stock Exchange) and NASDAQ . The weighting is based on market capitalization. The investment and advisory firm Russell Investment Group decides whether to be included in the index . The composition of the index is reviewed annually. The calculation is updated every second during NYSE trading hours from 9:30 am to 4:00 pm local time (3:30 pm to 10:00 pm CET).

history

Historical overview

Russell 2000 Index 1978-2012

The Russell 2000 was developed in 1984 by the investment and advisory firm Russell Investment Group and was calculated back to 1978. It is defined in such a way that the index would have assumed the value 135 on December 31, 1986.

Milestones in the development of the Russell 2000 were December 31, 1999, when the index ended trading with 504.75 points for the first time above the 500-point mark, and March 6, 2000, when it first climbed to 601.64 points closed above the 600 point mark. By March 9, 2000, the index rose to a high of 606.05 points, which was its all-time high for half a decade.

The bursting of the speculative bubble in the technology sector ( dot-com bubble ) also had an impact on the Russell 2000. By October 9, 2002, it fell to a low of 327.04 points. That was a decrease of 46.0 percent since March 2000. October 9, 2002 means the end of the downward slide. From autumn 2002 the Russell 2000 began to rise again.

The index passed the high of March 2000 on May 5, 2004, when it closed at 606.39 points. It also set further record highs in the following years. On January 9, 2006, the index passed the 700 mark for the first time with a closing level of 706.24 points. The 800-point mark first fell on January 31, 2007, when the index closed at 800.34 points. On July 13, 2007, the Russell 2000 closed trading at 855.77 points.

In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the index began to decline again. On October 9, 2008 it closed with 499.20 points for the first time since September 30, 2003 below the limit of 500 points. The Russell 2000 fell to its lowest level since October 16, 1998 on March 9, 2009 when it ended trading at 343.26 points. Since the high on July 13, 2007, this corresponds to a decrease of 59.9 percent.

March 9, 2009 marked the end of the downward trend. From spring 2009 the stock market index was on the way up again. By April 29, 2011, it rose 152.1 percent to a closing level of 865.29 points. The weakening of the global economy and the worsening of the euro crisis led to a slump in the share index. On October 3, 2011, the price barometer ended trading at 609.49 points, 29.6 percent lower than five months earlier.

The announcement of new bond purchase programs by the European Central Bank and the US Federal Reserve , which are basically unlimited, led to a recovery in prices on the stock market. The monetary stimulus played a bigger role in price formation than the global economic slowdown and the state of companies. On January 17, 2013, the Russell 2000 marked an all-time high with a closing level of 890.36 points. The profit since the low on October 3, 2011 is 46.1 percent.

At the end of 2019, the index had almost doubled to more than 1,600 points.

Highs

The overview shows the all-time highs of the Russell 2000.

  Points date
in the course of trading 1,742.09 Friday 31st August 2019
on a closing price basis 1,740.75 Friday 31st August 2019

Milestones

The table shows the Russell 2000 milestones since 1986.

First
close
over 		Final
score in points 		date
135 135.00 December 31, 1986
150 150.48 January 30, 1987
200 200.57 January 9, 1992
250 250.69 September 28, 1993
300 300.27 August 14, 1995
350 350.28 May 1, 1996
400 402.26 July 11, 1997
450 451.31 September 29, 1997
500 504.75 December 31, 1999
550 558.42 February 17, 2000
600 601.64 March 6, 2000
650 654.57 December 28, 2004
700 706.24 January 9, 2006
750 753.83 March 24, 2006
800 800.34 January 31, 2007
850 853.45 June 1, 2007

The best days

The table shows the best days of the Russell 2000 counted back to 1978.

rank date Final
score in points 		Change
in points 		Change
in%
1 Oct 13, 2008 570.89 48.41 9.27
2 Nov 13, 2008 491.23 38.43 8.49
3 23 Mar 2009 433.72 33.61 8.40
4th Oct 21, 1987 130.65 9.26 7.63
5 Oct 28, 2008 482.55 34.15 7.62
6th Nov 24, 2008 436.80 30.26 7.44
7th 10 Mar 2009 367.75 24.49 7.14
8th Sep 18 2008 723.68 47.30 6.99
9 0Aug 9, 2011 696.16 45.20 6.94
10 Oct 16, 2008 536.57 34.46 6.86
11 Oct. 30, 1987 118.26 7.46 6.73
12 Dec 16, 2008 482.85 30.28 6.69
13 March 12 2009 390.12 23.82 6.50
14th Nov 30, 2011 737.42 41.32 5.94
15th 0Dec 2, 2008 441.82 24.75 5.93
16 0Apr 9, 2009 468.20 26.08 5.90
17th Apr 18, 2000 486.09 26.83 5.84
18th Nov 26, 2008 468.86 25.68 5.79
19th May 10, 2010 689.61 36.61 5.61
20th Nov 21, 2008 406.54 21.23 5.51
21st Aug 11, 2011 695.89 35.68 5.40
22nd Jan. 21, 2001 456.76 23.11 5.33
23 Oct. 27, 2011 765.43 38.28 5.26
24 0Dec 5, 2008 461.09 21.56 4.91
25th 0Apr 2, 2009 450.19 21.03 4.90
26th 23 Aug 2011 683.07 31.73 4.87
27 July 29, 2002 400.81 18.55 4.85
28 18 Mar 2008 681.93 31.45 4.84
29 28 Mar 1980 47.54 2.18 4.81
30th Nov 28, 2011 697.90 31.74 4.77

The worst days

The table shows the worst days of the Russell 2000 counted back to 1978.

rank date Final
score in points 		Change
in points 		Change
in%
1 Oct 19, 1987 133.60 −19.14 −12.53
2 0Dec 1, 2008 417.07 −56.07 −11.85
3 Oct 15, 2008 502.11 −52.54 −9.47
4th Oct 26, 1987 110.33 −11.26 −9.26
5 Oct 20, 1987 121.39 −12.21 −9.14
6th 0Aug 8, 2011 650.96 −63.67 −8.91
7th 0Oct 9, 2008 499.20 −47.37 −8.67
8th Nov 19, 2008 412.38 −35.13 −7.85
9 Apr 14, 2000 453.72 −35.50 −7.26
10 Nov 14, 2008 456.52 −34.71 −7.07
11 Jan. 20, 2001 433.65 −32.80 −7.03
12 29 Sep 2008 657.72 −47.07 −6.68
13 27 Mar 1980 45.36 −3.20 −6.59
14th Nov 20, 2008 385.31 −27.07 −6.56
15th 0Oct 7, 2008 558.95 −36.96 −6.20
16 Oct 27, 1997 420.13 −27.40 −6.12
17th Nov 12, 2008 452.80 −29.49 −6.12
18th 0Aug 4, 2011 726.80 −45.98 −5.95
19th Aug 18, 2011 662.51 −41.52 −5.90
20th 05th Mar 2009 349.45 −21.85 −5.89
21st Aug 31, 1998 337.95 −20.59 −5.74
22nd 0Nov 5, 2008 514.64 −31.33 −5.74
23 Apr 20, 2009 452.49 −26.88 −5.61
24 02nd Mar 2009 367.80 −21.22 −5.46
25th Oct 22, 2008 501.97 −28.68 −5.41
26th 0Oct 3, 2011 609.50 −34.66 −5.38
27 Dec 11, 2008 451.21 −25.19 −5.29
28 17 Sep 2001 417.67 −23.06 −5.23
29 Aug 10, 2011 660.21 −35.95 −5.16
30th 0Oct 2, 2008 637.67 −33.92 −5.05

Annual development

The table shows the annual development of the Russell 2000 calculated back to 1978.

year Final
score in points 		Change
in points 		Change
in%
1978 40.52
1979 55.91 15.39 37.98
1980 74.80 18.89 33.79
1981 73.67 −1.13 −1.51
1982 88.90 15.23 20.67
1983 112.27 23.37 26.29
1984 101.49 −10.78 −9.60
1985 129.87 28.38 27.96
1986 135.00 5.13 5.05
1987 120.42 −14.58 −10.80
1988 147.37 26.95 22.38
1989 168.31 20.94 14.21
1990 132.19 −36.12 −21.46
1991 189.93 57.74 43.68
1992 221.01 31.08 16.36
1993 258.58 37.57 17.00
1994 250.36 −8.22 −3.18
1995 315.97 65.61 26.21
1996 362.61 46.64 14.76
1997 437.02 74.41 20.52
1998 421.96 −15.06 −3.45
1999 504.75 82.79 19.62
2000 483.53 −21.22 −4.20
2001 488.50 4.97 1.03
2002 383.09 −105.41 −21.58
2003 556.91 173.82 45.37
2004 651.57 94.66 17.00
2005 673.22 21.65 3.32
2006 787.66 114.44 17.00
2007 766.03 −21.63 −2.75
2008 499.45 −266.58 −34.80
2009 625.39 125.94 25.22
2010 783.65 158.26 25.31
2011 740.92 −42.73 −5.45
2012 849.35 108.43 14.63
2013 1,163.64 314.29 37.00
2014 1,204.70 41.06 3.53
2015 1,135.89 −68.81 −5.71
2016 1,357.13 221.24 19.48
2017 1,535.51 178.38 13.14
2018 1,348.56 −186.95 −12.18

See also

Web links

Individual evidence

  1. ↑ a b c Yahoo: Historical prices
  2. ↑ a b EconStats: Historical courses
  3. ↑ a b Forexpros: Historical Prices
  4. ↑ Allcountries.org: Data of the Russell 2000, 1978 to 1999
  5. ↑ 1Stock1: Russell 2000 Index Yearly Returns