SOURCE: Russell Investments

Russell Investments

December 27, 2010 16:31 ET

Russell Global Indexes: Financial Services Is Highest Weighted Sector at End of 2010

SEATTLE, WA--(Marketwire - December 27, 2010) - The U.S. broad-market Russell 3000® Index began the current decade with technology as the most heavily weighted sector, reflecting a weighting of 20.2% as of December 29, 2000. Technology has since dropped to second in terms of weighting, while financial services ranks first with a 17.3% weight as of December 27, 2010.

The materials and processing sector in the Russell 3000 continues to hold the lowest weighting (December 29, 2000: 2.9%, December 27, 2010: 4.8%).

In developed markets outside the United States, as reflected by the Russell Developed ex-U.S. Index, financial services also ranks as the most heavily weighted sector, reflecting a weight of 24% as of December 27, 2010, as it did at the end of 2000. Technology (December 29, 2000: 12.8%, December 24, 2010: 6%) and utilities (December 29, 2000: 13.2%, December 27, 2010: 7.9%) have seen their weightings decrease significantly since the start of the current decade. Technology holds the lowest weighting in the Russell Developed ex-U.S. Index (6%).

  Russell 3000 Index Russell Developed ex-U.S. Index
Russell Index Sectors Sector Weights December 29, 2000   Sector Weights December 27, 2010 Sector Weights December 29, 2000   Sector Weights December 27, 2010
Technology 20.2%   16.7% 12.8%   6.0%
Health Care 14.8%   11.2% 7.1%   6.6%
Consumer Discretionary 12.0%   13.0% 13.6%   10.8%
Consumer Staples 6.3%   8.0% 5.1%   8.2%
Energy 6.3%   11.1% 6.7%   9.6%
Materials & Processing 2.9%   4.8% 9.0%   14.5%
Producer Durables 8.8%   12.0% 8.9%   12.4%
Financial Services 19.8%   17.3% 23.5%   24.0%
Utilities 8.8%   5.9% 13.2%   7.9%

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:

Indexes are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Russell's publication of the Indexes or Index constituents in no way suggests or implies a representation or opinion by Russell as to the attractiveness of investing in a particular security. Inclusion of a security in an Index is not a promotion, sponsorship or endorsement of a security by Russell and Russell makes no representation, warranty or guarantee with respect to the performance of any security included in a Russell Index.

Russell Investment Group is a Washington, USA corporation, which operates through subsidiaries worldwide, including Russell Investments, and is a subsidiary of The Northwestern Mutual Life Insurance Company.