Overview
Description
iShares Russell 3000 ETF is an exchange-traded fund designed to track the performance of the Russell 3000 Index, which includes approximately 3,000 of the largest U.S. companies, representing about 98% of the American equity market. This ETF aims to provide a broad exposure to the U.S. stock market by including a diverse array of sectors such as technology, healthcare, financials, and consumer goods, among others. One of its notable features is its comprehensive coverage, encapsulating a wide spectrum from small-cap to large-cap stocks, thereby offering a full-market representation.
The fund plays a significant role in providing investors with a single-access point to the U.S. equity market’s expansive landscape, promoting diversification within a single investment vehicle. As iShares Russell 3000 ETF reflects the overall performance trends of the U.S. economy, it serves as a benchmark for market analysts and investors who are keen on evaluating market movements on a large scale. Managed by BlackRock, it benefits from the firm’s extensive experience in passive management and deep market insights, providing a reliable option for those seeking to understand broader market dynamics.
About
Instrument type
ETF
Country
United States
MIC code
ARCX