Following on the rebalancing of S & P indexes last week, on Friday the Russell indexes will do their annual rebalancing.
FTSE Russell also has a vast suite of products indexed to benchmarks like the small-cap Russell 2000 , the large-cap Russell 1000 , and the Russell 1000 Growth and Value indexes.
FTSE Russell estimates that about $12.1 trillion is currently benchmarked to the FTSE Russell indexes.
On average, about 12% of the Russell 2000 (about 242 stocks) turns over every year since 2006, according to FTSE Russell.
This year, about 15% of the Russell 2000 will turnover, and about 2% of the Russell 1000, according to Wells Fargo.
Persons:
Russell, It's, Wells Fargo, Chris Harvey, Mike O'Rourke, Wells Fargo's Harvey
Organizations:
Russell, Technology, Apple, Microsoft, Nvidia, Investors, Netflix, Google, FTSE Russell, Jones, Amazon
Locations:
Wells Fargo, Freeport McMoRan .