Russell Microcap Index
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 includes the next 1,000 stocks.
Investing
The Russell Microcap Index is tracked by the iShares ETF (NYSE Arca: IWC).[1]
Top 10 holdings
- AVANIR Pharmaceuticals Inc (Nasdaq: AVNR)
- RECEPTOS INC (Nasdaq: RCPT)
- Tri Pointe Homes Inc (NYSE: TPH)
- Ambarella Inc (Nasdaq: AMBA)
- Consolidated Communications Holdings Inc (Nasdaq: CNSL)
- Achillion Pharmaceuticals Inc (Nasdaq: ACHN)
- Taser International Inc (Nasdaq: TASR)
- Ellie Mae Inc (NYSE: ELLI)
- Anacor Pharmaceuticals Inc (Nasdaq: ANAC)
- Natus Medical Inc (Nasdaq: BABY)
(as of December 2014)[2]
Top sectors by weight
- Financial Services
- Health Care
- Technology
- Consumer Discretionary
- Producer Durables