SOURCE: Russell Investments

Russell Investments

October 03, 2012 09:31 ET

Mega Caps Continued to Outperform Major U.S. Indexes as the Russell Top 50 Mega Cap Index Reflected 7.2% Gain in 3Q12

SEATTLE, WA--(Marketwire - Oct 3, 2012) - The Russell Top 50® Mega Cap Index has consistently outperformed all major U.S. indexes so far in 2012, reflecting a return of 7.2% in the third quarter and 19.4% YTD through September 28. The Index, which measures the performance of the largest companies in the Russell 3000® Index, includes approximately 50 of the largest securities based on a combination of their market cap and current index membership and represents approximately 40% of the total market capitalization of the Russell 3000.

"The largest U.S. stocks today appear to be viewed as somewhat of a safe haven by investors as they generally have less volatility, higher dividend yields and lower P/E ratios than smaller stocks," said Russell Investments chief markets strategist Stephen Wood. 

Index   1st QTR   2nd QTR   3rd QTR   YTD a/o 9/28   One Year
Russell Top 50 Mega Cap Index   13.6%   -1.9%   7.2%   19.4%   33.2%
Russell Top 200 Index   12.9%   -2.6%   6.6%   17.2%   30.9%
Russell 1000 Index   12.9%   -3.1%   6.3%   16.3%   30.1%
Russell 2000 Index   12.4%   -3.5%   5.3%   14.2%   31.9%

Source: Russell Investments

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the index are classified according to size, region, country and sector. Daily Returns for the main components are available here: