Updated April 9, 2021 by Bob Ciura
The spreadsheet data is updated daily
The Russell 2000 Index is the world’s best-known benchmark for domestic small-cap stocks. For investors looking to invest in small caps, the Russell 2000 Index is the place to be. It is for this reason that we have created a downloadable listing of the entire Russell 2000 Index.
You can download your free Excel list of Russell 2000 stocks (along with relevant financial metrics such as dividend yields and P / E ratios) by clicking the link below:
This article contains a free Excel spreadsheet and table of all Russell 2000 companiesalong with key metrics. This information can help you find quality small-cap stocks at fair or better prices.
Table of Contents
Download Russell 2000 Stocks List Excel
Small-cap stocks have outperformed their larger counterparts in the past. Accordingly, the Russell 2000 Index can be an excellent place to look for new investment opportunities. You can download a table of all Russell 2000 stocks below.
Russell 2000 Stocks List Table
The Russell 2000 Index List, available for download from the link above, contains important information for each of the 2000 stocks in the Index, including:
- Stock price
- Dividend yield
- Price-performance ratio
- Market capitalization
Read on to learn more about the Russell 2000 Index and how to use the Russell 2000 List to find compelling investment ideas.
Russell 2000 Index Map & Construction
The Russell 2000 Index is a Subset of the Russell 3000 Index. FTSE Russell maintains the Russell 3000 Index, which is made up of the 4000 largest US publicly traded companies. The index is reconstructed annually and expanded every quarter through new initial public offerings.
The Russell 3000 Index is divided into the following subgroups (which despite their name include 4000 stocks):
- Russell 1000: The 1000 Largest Russell 3000 Index Companies
- Russell 2000: Companies ranging in size from 1,001 to 3,000
- Russell Microcap Index: Companies 2,001 to 4,000 in size (overlapping with Russell 2000)
How to Use the Russell 2000 Stock List to Find Investment Ideas
An Excel sheet of financial information for every Russell 2000 stock can be extremely useful.
This document will much more powerful in combination with the knowledge of how data is processed in Microsoft Excel.
With that in mind, this article provides a tutorial on how to implement two actionable investment screens into the Russell 2000 stock listing.
The first screen we are implementing is for trading stocks with P / E ratios below 15. These are small-cap stocks that trade at attractive valuations and should avoid the valuation risk that comes with investing in overpriced stocks.
Screen 1: Small-cap value stocks that are below 15 value for money
Step 1: Download the Russell 2000 Stocks List from the link above.
Step 2: Select all columns.
Step 3: Go to the “Data” tab and click “Filters”. In the image below you can see steps 2 and 3.
Step 4: Go to the P / E Ratio column, click the filter arrow, go to the number filter, click between and set between 0 and 15. See the image below for instructions on how to do this.
The remaining stocks in this table are Russell 2000 stocks with P / E ratios below 15 and positive earnings.
The next screen shows you how to implement Russell 2000 stocks with high dividend yields and decent payout ratios.
Screen 2: Small-cap stocks with high yields and reasonable payout percentages
Step 1: Download the Russell 2000 Stock List from the link above and set the columns to “Filter” (see steps 2 and 3 of Screen 1).
Step 2: Go to the Dividend Yield column, click the filter arrow, go to the number filter, click “greater than or equal to” and add 0.05.
Step 3: Go to the Payout Ratio column, click the filter arrow, go to the number filter, select “between” and set between 0 and 0.60. In the image below you can see steps 2 and 3.
The remaining stocks in this table have dividend yields of 5% or more and payout ratios of less than 60%. This screen shows income security ideas with high market cap and reasonable payout ratios for further study.
You now have a solid understanding of how to use the Russell 2000 stock listing to find investment ideas.
The remainder of this article briefly describes the benefits of investing in the Russell 2000 Index before discussing other resources to help you find investment ideas.
Why Invest in Russell 2000 Index stocks?
As previously mentioned, the Russell 2000 Index contains the US domestic stocks whose market capitalization ranges from 1,001 to 3,000 in descending order. The Russell 2000 is an excellent benchmark for small-cap stocks. The average market cap within the Russell 2000 is $ 3 billion.
Why is that important? There are a number of benefits to investing in small-cap stocks, which we explore in the video below:
Small-cap stocks have historically outperformed large-cap stocks for two reasons.
First, small-cap stocks tend to grow faster than their larger counterparts. There is simply less competition and more room for growth if, for example, your market cap is $ 1 billion versus $ 100 billion.
Second, many small-cap stocks are outside the universe of most institutional investment managers. This results in less demand for stocks, which lowers their prices and creates better buying opportunities.
Because of this, there are typically far more mispriced investment opportunities in a small-cap index like the Russell 2000 than in a large-cap stock index like the S&P 500. Investors with a value bias should consider this when looking for theirs next purchase consider opportunity.
Russell 2000 achievement
The Russell 2000 ETF (IWM) posted a positive total return of 1.4% in March 2021. IWM lagged the S&P 500 (SPY), which posted a positive total return of 4.5% last month. This means that small-cap stocks generally outperformed their large-cap stocks significantly over the month.
And while long-term evidence suggests that small-cap stocks outperform over the long term, it hasn’t when comparing IWM to SPY over the past decade. The picture below shows the total return on both over the past 10 years.
Over the above 10 year period, the S&P 500 ETF generated a total return of 13.8% per annum versus 11.7% of the total return on the Russell 2000 ETF. This is a counter-intuitive finding, as many investors would expect small-cap stocks to outperform large-caps in a bull market.
Final thoughts & further reading
The Russell 2000 Index List is an excellent place to look for small cap investment opportunities. However, it is not that just Place where excellent investments can be found.
If you’re looking for exposure to stable, large-cap stocks with solid dividend growth prospects, the following databases are more useful than the Russell 2000 index list:
Alternatively, you might be looking for dividend stocks that come from a specific sector of the stock market.
In this case, the following inventory databases are useful:
Thank you for reading this article. Please send feedback, corrections, or questions to [email protected]