The S&P SmallCap 600 Index, more commonly known as the S&P 600, is a stock market index from Standard & Poor’s. It covers roughly the small-cap range of US stocks, using a capitalization-weighted index., the market capital of companies included in the S&P SmallCap 600 Index ranged from US$400 million to US$1.8 billion. The index’s median market cap was almost $1.1 billion and covered roughly three percent of the total US stock market. These smallcap stocks cover a narrower range of capitalization than the companies covered by the Russell 2000 Smallcap index which range from $169 million to $4 billion. The market valuation for companies in the SmallCap Index and other indices change over times with inflation and the growth of publicly traded companies. The S&P 400 MidCap index combined with the SmallCap 600 compose the S&P 1000, and the S&P 1000 plus the S&P 500 comprise the S&P 1500. The index was launched on October 28, 1994.
What is ‘S&P 600’
An index of small-cap stocks managed by Standard and Poor’s. The S&P 600 SmallCap Index covers a broad range of small cap stocks in the United States. The index is weighted according to market capitalization and covers about 3-4% of the total market for equities in the United States.
Explaining ‘S&P 600’
The S&P 600 is somewhat comparable to the Russell 2000 Index in that both measure the performance of small-cap stocks. Most references to the S&P index are regarding the S&P 500 since its stocks are better knowns. There are several ETFs available for investors who wish to purchase this index.
S&p 600 FAQ
What is the difference between the Russell 2000 and the S&P 600?
What is S&P Small Cap?
What companies are in the S&P 600?
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