SOURCE: Russell Investments

Russell Investments

March 08, 2011 09:04 ET

Russell Canada Index Gains 8.6% Year-to-Date for 2011

SEATTLE, WA--(Marketwire - March 8, 2011) -  The Russell Canada Index reflected an 8.6% gain year-to-date through March 4, 2011, outperforming the Russell Global ex-Canada Index (4.5%).

Large-cap stocks outperformed their small-cap counterparts in both the Russell Canada Index and the Russell Global ex-Canada Index, reversing the 2010 trend. The Russell Canada Index posted the highest returns in both its large-cap (8.9%) and small-cap (7%) stocks for the year as of March 4, 2011.

"As the North American economy switches from recovery to expansion, we are beginning to see large-cap stocks in Canada gaining more traction," said Stephen Wood, Chief Market Strategist at Russell Investments. "Expect a tug-of-war for leadership between cap tiers over the next few months as the markets continue to react to economic pressures and increased corporate profitability."

Russell Indexes 2010 YTD through March 4, 2011
Russell Canada Index 25.7% 8.6%
Russell Canada Large Cap Index 22.8% 8.9%
Russell Canada Small Cap Index 45.4% 7.0%
Russell Global ex-Canada Index 14.7% 4.5%
Russell Global ex-Canada Large Cap Index 13.7% 4.7%
Russell Global ex-Canada Small Cap Index 24.6% 2.3%

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 benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here: