The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. As of 31 December 2023 , the stocks of the Russell 1000 Index had a weighted average market capitalization of $666.0 billion and a median market capitalization of $13.9 billion. As of 8 May 2020 , components ranged in market capitalization from $1.8 billion to $1.4 trillion. The index, which …