According to Investopedia.com, The Russell 1000 Index is: "An index of approximately 1,000 of the largest companies in the U.S. equity markets. [It] is a subset of the Russell 3000 Index. The Russell 1000 (maintained by the Russell Investment Group) comprises over 90% of the total market capitalization of all listed U.S. stocks, and is considered a bellwether index for large cap investing."
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