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Russell 2000 Key Metrics
As of May 31, 2023, the average value for a company on the Russell 2000 was $2.96 billion while the median market cap was $0.93 billion. The largest stock by market cap on the index was $12.01 billion.
The Russell 2000 first traded above the 1,000 level on May 20, 2013.
Two sub-indexes of the Russell 2000 have been created to track the performance of companies within it that contain special characteristics that are desired by certain types of investors:
-The Russell 2000 Growth Index measures the performance of Russell 2000 companies with higher price-to-value ratios and higher forecasted growth values.
-The Russell 2000 Value Index measures the performance of Russell 2000 companies with lower price-to-book (P/B) ratios and lower forecasted growth values.
https://www.investopedia.com/terms/r/russell2000.asp#:~:text=Two%20sub%2Dindexes%20of%20the,to%2Dvalue%20ratios%20and%20higher
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