PRODUCT HIGHLIGHTS

Russell 2500TM Index

A complete view of the small-to-mid (SMID)
cap segment of the US equity market.

A trusted partner

A subset of the Russell 3000® Index, the Russell
2500TM Index includes the Russell 2000® Index plus
the smallest 500 mid-cap companies from the Russell
1000® Index based on a combination of their market
cap and current index membership.

Russell 2500TM Index and Russell US Indexes$18.0 B
CO MPA NI E S S ORT ED BY M A RK E T CA P

Russell
3000®
Index

Russell1000®
Index

Russell
Top 200®
IndexRussell
Top 500
Index

Russell
Top 50®
Mega Cap
Index

Russell
2500TM
Index

Russell
Midcap®
Index#500#1,000#2,000Russell
2000®
Index

#3,00013%of theRussell
3000®
Index

Russell
2500TM
Index

Russell
Microcap®
Index
Smallest company market cap$150.4 M

Source: FTSE Russell. Data as of April 30, 2024. Russell Index constituents represent the preliminary reconstitution constituents as ofrank day, last business day of April, which will be effective after market close of the fourth Friday in June. May not equal 100% due torounding. Capitalization banding involves the implementation of a ±2.5% band around certain breakpoints based on cumulative market
cap percentile (stocks #200, #500, #1000). Russell Microcap has a ±0.5% band around stock #2000. There is no percentile banding at
the breakpoints of stocks ranked #10, 20, 50, 100, 3000, 4000.

−−−−−

Initial launch date:		Historical data back to:
Bloomberg Price Return Ticker:
Bloomberg Total Return Ticker:
Thomson Reuters RIC:

June 1, 1990
December 31, 1978
R2500
RU25INTR.R25I

The Russell US Indexes are modular and flexible
in their design, enabling customizable asset
allocation structure.

Comprehensive coverage of the SMID cap US
market segment, suitable as a benchmark for actively
managed investments or as the foundation of indexlinked products such as mutual funds and ETFs.

Reliable#50#200

Relevant

Representative

Largest company market cap#1

Approximately $10.5 trillion is benchmarked to theRussell US Indexes*, which provide comprehensive
representation of the US equity market and its sizeand style segments.

Maintained using transparent, objective rules
including annual reconstitution, quarterlyeligible IPO additions and daily corporate
action adjustments to ensure the index remains
accurately representative.

1	Source: Data as of December 31, 2023 as reported on April 1,2024 by eVestment for active institutional funds, Morningstar for
active retail mutual funds, insurance products, and ETFs, andpassive assets directly collected by FTSE Russell. AUM includes
blended benchmarks and excludes futures and options. AUM
data does not include active and passive assets not reported toa 3rd party source or FTSE Russell. For funds where the AUMwas not reported as of December 31, 2023, the previous period
AUM was used as an estimate. No assurances are given by
FTSE Russell as to the accuracy of the data.

Russell 2500TM Index

Russell US Indexes as of reconstitution
The Russell US Indexes are completely recalibrated each year in June during reconstitution.
This rules-based approach to capturing the US market, which defines the beaks between market capitalization segments anddetermines where companies fall along the growth/value spectrum, is one of the most anticipated US market events each year.
$2,893.6 BRussell 3000®
Index

Russell 1000®
Index

Russell Top200® Index

Russell Top
500 Index

3,000 largest USstocks

95% of theRussell 3000®
Index

72% of theRussell 3000®
Index

87% of theRussell 3000®
Index~98% of the US
equity market cap$152.7 B

LARGEST
$2,893.6 B

Russell Top50® Mega Cap
Index
49% of theRussell 3000®
Index

Russell
3000E® Index
Up to 4,000
largest US stocks~98% of the US
equity market cap
LARGEST
$2,893.6 B$46.9 B

Russell
Midcap® Index$13.8 B

22% of theRussell 3000®
Index

13% of the Russell3000® Index$4.6 B$869.4 M$150.4 M$30.0 M

Russell 2500TMIndex

SMALLEST$150.4 M

Russell 2000®
Index
5% of the Russell
3000® Index

Russell
Microcap® Index<1% of the USequity market cap

SMALLEST$30.0 M

Source: FTSE Russell. Data as of April 30, 2024. Russell Index constituents represent the preliminary reconstitution constituents as of rank day, April 30, 2024, which will be effective
after market close on June 28, 2024. May not equal 100% due to rounding.
The market capitalization breakpoints for the Russell Indexes are based on new additions as of 2024 reconstitution. The market capitalization ranges used above are absolute
breakpoints for new members and do not include capitalization banding. Capitalization banding involves the implementation of a ±2.5% band around certain breakpoints. For further
information, please refer to the Russell US Indexes construction and methodology document or contact FTSE Russell Client Service.

FTSE Russell2About FTSE Russell
FTSE Russell is a leading global provider of index and benchmark solutions, spanning diverse asset classes and investment objectives. As a trusted
investment partner we help investors make better-informed investment decisions, manage risk, and seize opportunities.
Market participants look to us for our expertise in developing and managing global index solutions across asset classes. Asset owners, asset managers,
ETF providers and investment banks choose FTSE Russell solutions to benchmark their investment performance and create investment funds, ETFs,structured products, and index-based derivatives. Our clients use our solutions for asset allocation, investment strategy analysis and risk management,
and value us for our robust governance process and operational integrity.
For over 35 years we have been at the forefront of driving change for the investor, always innovating to shape the next generation of benchmarks andinvestment solutions that open up new opportunities for the global investment community.

Contact Us
To learn more, visit lseg.com/ftse-russell; email info@ftserussell.com; or call your regional Client Service team office:
EMEA +44 (0) 20 7866 1810

Asia-PacificNorth America +1 877 503 6437

Hong Kong +852 2164 3333
Tokyo +81 (3) 6441 1430
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