Russell Small Cap Completeness Index ETF Explained

The Russell Small Cap Completeness Index ETF is a unique investment option that offers broad diversification and exposure to the small-cap market. It's designed to track the performance of the Russell Small Cap Completeness Index.

The index is comprised of over 1,000 small-cap companies, making it a solid choice for investors looking to tap into this growth-oriented market segment. These companies are selected based on market capitalization and liquidity.

The Russell Small Cap Completeness Index ETF provides a low-cost way to gain access to the small-cap market, with an expense ratio of around 0.15%. This is significantly lower than many actively managed funds, making it an attractive option for cost-conscious investors.

The Russell Small Cap Completeness Index ETF is a type of exchange-traded fund (ETF) that tracks the performance of the Russell 2000 Index.

It's designed to provide investors with a comprehensive and diversified portfolio of small-cap stocks, covering the entire small-cap market.

The Russell 2000 Index is a benchmark index that measures the performance of the 2,000 smallest publicly traded companies in the US.

This index is widely regarded as a leading indicator of the overall health of the US small-cap market.

The Russell Small Cap Completeness Index ETF is a passive investment vehicle, meaning it doesn't try to beat the market, but rather aims to replicate the performance of the Russell 2000 Index.

By tracking the Russell 2000 Index, the ETF provides investors with a low-cost and efficient way to gain exposure to the small-cap market.

The ETF holds all the securities in the Russell 2000 Index, giving investors a complete and diversified portfolio of small-cap stocks.

The investment strategy behind the Russell Small Cap Completeness Index ETF is based on an indexing approach, which aims to approximate the performance of the Index over the long term.

SSGA attempts to invest in the equity securities comprising the Index in the same proportions as they are represented in the Index. This includes common stocks, preferred stocks, depositary receipts, or other securities convertible into common stock.

SSGA may employ a sampling or optimization technique to construct the portfolio if it's not possible or practicable to purchase all of the securities comprising the Index.

The Strategy may purchase securities in their initial public offerings (IPOs) and may sell securities that are represented in the Index, or purchase securities that are not yet represented in the Index, prior to or after their removal or addition to the Index.

The Strategy may use derivatives, such as index futures contracts or options on those futures, to enhance its replication of the Index return.

The investment strategy of SSGA's fund is based on an "indexing" approach, which aims to approximate the performance of the Index over the long term before expenses.

This approach involves investing in the equity securities that make up the Index in approximately the same proportions as they are represented in the Index.

Equity securities can include common stocks, preferred stocks, depositary receipts, or other securities convertible into common stock.

In some cases, it may not be possible to purchase all of the securities in the Index, so SSGA may employ a sampling or optimization technique to construct the portfolio.

Securities are constantly being added to or removed from the Index, which can affect the fund's holdings.

The fund may sell securities that are represented in the Index or purchase securities that are not yet represented in the Index prior to or after their removal or addition.

To replicate the Index return, the fund may use index futures contracts, options on those futures, or other derivatives.

Keep in mind that there are risks involved with investing, including possible loss of principal, and you should refer to the Strategy's Disclosure Document for a complete description of these risks.

Small cap stocks are often less stable than large cap stocks, but they can offer potentially much higher returns for investors who are willing to take on more risk.

Larger cap stocks are generally considered less volatile and less risky, making them a good choice for investors looking for stable returns.

Investors seeking higher returns may find small cap stocks to be a better option, but it's essential to weigh the potential risks and rewards before making a decision.

Larger cap stocks are often a safer bet for investors who prioritize stability over potential for higher returns.

A ticker symbol is a unique code that identifies a specific stock, fund, or index on an exchange, like the one for Russell Small Cap Completeness, which is RSCC.

It's a shorthand way to refer to an investment, making it easier to look up its performance, price, and other details.

In the case of the Russell Small Cap Completeness index, its ticker symbol RSCC lets investors quickly find the information they need.

Ticker symbols are usually 1 to 4 letters long and are often derived from the company's name or a combination of letters that represent the investment's characteristics.

The Russell Small Cap Completeness Index offers a unique investment opportunity that can help reduce the average volatility of a portfolio. This is because it's comprised of nearly a dozen different industries, making it more diversified than other indexes.

The index's prioritization of smaller cap stocks makes it more volatile, but this also provides opportunities for uncorrelated returns. For example, the standard deviation of the Small Cap Completeness Index over the past three years was 26.53, far exceeding the volatility of the Russell 3000 of 21.18.

Investing in the Russell Small Cap Completeness Index can also help protect against downside risk, as it's made up of assets that are not highly correlated with the broader market. This can be especially beneficial during times of market downturns, as seen in the recent recession.

The Russell Small Cap Completeness Index offers several advantages to investors. It provides a means to protect against downside risk through diversification, which can reduce the average volatility of a portfolio.

One of the key benefits of this index is its ability to capture returns from outperforming assets and reinvest the profits in underperforming ones. This can be especially useful during times of market volatility.

The index is comprised of nearly a dozen different industries, making it a good option for investors looking to diversify their portfolios. As of February 2023, the index was most heavily weighted towards technology and industrial companies.

Investors who add the Russell Small Cap Completeness Index to their portfolio can expect to see a reduction in unsystematic or diversification risk. This is because the index is comprised of a large number of stocks, making it less susceptible to large variations.

The index has a one-year loss of 10.06% as of February 28, 2023, but it has also posted a 9.88% three-year return and a 9.99% 10-year return. This makes it a good option for long-term investors.

The Russell Small Cap Completeness Index is generally more volatile than other indices, with a standard deviation of 26.53 over the past three years as of February 28, 2023. However, this volatility can also be beneficial for investors looking to capture returns from outperforming assets.

The Russell Small Cap Completeness Index can be a bit of a rollercoaster ride due to its volatility. This is because it focuses on small cap growth, which can be riskier than investing in larger, more established companies.

The index strips away the more stable larger companies, which can lead to higher returns, but also higher potential losses. This means that investors who are risk-averse or not comfortable with market fluctuations may want to think twice before investing in this index.

The trade-off for potentially higher returns is a more volatile portfolio, which can be a challenge for some investors.

The Russell Small Cap Completeness Index holds a significant weight in Uber Technologies (UBER), making it the most held stock in the index as of February 28, 2023.

Blackstone Inc (BX), Palo Alto Networks (PANW), and Snowflake (SNOW) are also major holdings in the index, contributing to its broad diversification across companies and industries.

The index has over 2,400 smaller cap stocks, which is more than the number of firms in the S&P 500, making it a significant investment vehicle in the market.

Here's a snapshot of the top holdings in the Russell Small Cap Completeness Index as of February 28, 2023:

The Russell Small Cap Completeness Index holds over 2,400 smaller cap stocks, providing broad diversification across companies and industries.

As of February 2023, the index held 2,436 different stocks, with the median market cap being just over $1.5 billion.

The largest stock by market cap in the index topped $106 billion, giving you an idea of the scale of the companies included.

The index is heavily weighted towards technology and industrial companies, with double-digit weights in the financials sector, consumer discretionary spending, and health care sectors.

The top holdings in the index as of February 28, 2023, include Uber Technologies (UBER), Blackstone Inc (BX), Palo Alto Networks (PANW), and Snowflake (SNOW).

Here are the top four holdings in the index, along with their corresponding weights:

The index's focus on smaller cap stocks means it experiences greater volatility compared to other indexes, such as the Russell 3000, which had a standard deviation of 21.18 over the past three years.

The Performance section of an investment's holdings is a crucial aspect to consider. This section provides an overview of the investment's performance over various time periods.

The investment has shown a Performance since Inception of 3,058.02. This is a significant gain over the investment's lifetime.

The High 1 Year and Maximum Loss 1 Year are 6.23 and -7.17 respectively. This indicates that the investment has experienced a high return of 6.23% in the past year, but has also had a maximum loss of 7.17% during the same period.

The Alpha 1 Year is 0.10, which means that the investment has outperformed the benchmark by 0.10% over the past year.

Here's a summary of the investment's performance over various time periods:

The investment's performance is also reflected in its Trailing Return 1 Year, which is 17.28%. This indicates that the investment has generated a return of 17.28% over the past year.

The Treynor Ratio 1 Year is 11.97, which is a measure of the investment's return per unit of risk. This indicates that the investment has generated a high return relative to its risk level over the past year.

The Russell Small Cap Completeness Index is comprised of 2,436 different stocks, with a median market cap of just over $1.5 billion.

As of February 2023, the index was most heavily weighted towards technology and industrial companies, with double-digit weight in the financials sector, consumer discretionary spending, and health care sectors.

The index's volatility is notable, with a standard deviation of 26.53 over the past three years, far exceeding the volatility of the Russell 3000 at 21.18. This is due to its prioritization of smaller cap stocks.

The Russell Small Cap Completeness Index price today is 2853.59 USD, offering a snapshot of the index's current value.

To track the index, you need to know the current price. The Russell Small Cap Completeness RSCC Index price today is 2853.59 USD.

The current index price is a key metric for investors to gauge market performance. This price can change daily, so it's essential to stay updated.

The RSCC Index price fluctuates based on market conditions. As of now, it's at 2853.59 USD, which is a specific number you can reference.

The price chart is a crucial tool for tracking the Russell Small Cap Completeness Index. It provides a visual representation of the index's performance over a specific period.

The 52-week high for the index is 2127.44 USD, which is a significant milestone. This high point indicates the index's peak value over the past year.

The 52-week low for the index is 2090.37 USD, which is a notable low point. This low point indicates the index's lowest value over the past year.

Here's a summary of the index's high and low points over the past year:

The 50-Day and 200-Day Moving Averages are not available for the index, which could indicate a lack of short-term or long-term trends.