SOURCE: Russell Investments

Russell Investments

April 20, 2011 16:50 ET

Russell Indexes: Equal Weight Outperforms Other U.S. Large Cap Index Options YTD Through April 15

SEATTLE, WA--(Marketwire - Apr 20, 2011) - The Russell 1000® Equal Weight Index reflected a return of 8.4% year-to-date, outperforming the Russell 1000 Index (5.8%) through April 15, 2011. Rather than assigning an equal weight to every constituent of an index, the Russell Equal Weight Indexes assign each industry sector in an index an equal weight, and then equally weight the companies found within each sector.

Similarly, the Russell Fundamental U.S. Large Company Index also outperformed the U.S. large cap Russell 1000 Index for the year, reflecting a gain of 7.1% through April 15. The recently launched Russell Fundamental Index Series selects and weights constituents by fundamental measures of company size, rather than market capitalization. Constituents in these indexes are selected and weighted according to fundamental measures of company size including: adjusted sales, operating cash flow, and dividends plus buybacks.

"These diverging returns reflect the value of using specific investment tools to accurately track different investment philosophies that investors aim to measure," said Steve Wood, Chief Market Strategist at Russell Investments. "All three indexes offer a different take on the U.S. large-cap segment, but each provides investors with transparency, objectivity and comprehensive coverage."

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: http://www.russell.com/indexes/data/daily_total_returns_global.asp

Disclaimer: http://www.russell.com/indexes/about/index_alerts.asp#disclaimer