Apple is bigger than the entire Russell 2000
After a 37% rally so far this year, Apple’s market capitalization of USD 2.7 billion has surpassed the market capitalization of the entire Russell 2000 index – that’s two thousand US small caps combined. US tech giant Apple is bigger than the entire Russell 2000.
In contrast to Apple’s explosive rally in 2023, the Russell 2000 index is actually down 3 percent year-over-year. Looking further back, today’s Russell Index value of 1742 is the same as the levels at which it traded back in 2018. Apple has almost tripled in value in that time.
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