President, Marotta Wealth Management, Inc., Marotta Wealth Management, Inc.
David John Marotta is the President of Marotta Wealth Management, a fee-only financial planning and asset management firm in Charlottesville, Virginia. He is an oft-quoted writer and speaker on financial matters and his weekly financial column can be found at www.eMarotta.com
What is the Russel 1000 Index?
Financial Advisor David John Marotta explains the Russel 1000 index.
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Host: What is the Russell 1000 Index?
David Marotta: The Russell 1000 Index is the 1000 largest companies in America. It is a cap weighted index, so it is very much like the S&P 500, except its a little bit broader index because it includes twice as many companies in it. So it is also used as a proxy like the S&P 500 for what is large cap stocks are doing. But the Russell 1000 is not as well known as the Russell 2000.