| Foundation | November 1, 1991; 33 years ago (1991-11-01) |
|---|---|
| Operator | FTSE Russell |
| Exchanges | |
| Trading symbol | ^RMCC |
| Constituents | 800 |
| Type | Mid cap |
| Weighting method | Free-float capitalization-weighted |
| Related indices | Russell 1000 Index |
| Website | ftse |
The Russell Midcap Index is a stock market index that measures performance of the 800 smallest companies (approximately 27% of total capitalization) in the Russell 1000 Index.
As of 30 November 2022, the stocks of the Russell Midcap Index had a weighted average market capitalization of approximately $22.64 billion, median market capitalization of $9.91 billion, and the market capitalization of the largest company is $54.74 billion.
The index, which was launched on November 1, 1991, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. Its ticker symbol is ^RMCC.
Investing
The Russell Midcap Index is tracked by an ETF, iShares Russell Mid-Cap (NYSE Arca: IWR).
Top 10 holdings
As of June 30, 2019
- ServiceNow (NYSE: NOW)
- Analog Devices (Nasdaq: ADI)
- Fidelity National Information Services (NYSE: FIS)
- Edwards Lifesciences (NYSE: EW)
- Sempra Energy (NYSE: SRE)
- Roper Technologies (NYSE: ROP)
- Worldpay, Inc. (NYSE: WP)
- Fiserv (Nasdaq: FISV)
- Ross Stores (Nasdaq: ROST)
- Dollar General (NYSE: DG)
See also
References
- "Russell Midcap Index Factsheet".
- "iShares Russell Mid-Cap ETF | IWR". IShares.
- "Russell Midcap Index factsheet" (PDF).
External links
- Russell page on Russell Midcap
- Russell Indexes
- Russell Investment Group
- Index Construction and Methodology
- Yahoo! Finance page for ^RMCC