##  [# ETF Watch: iShares Plans Russell 2500 Fund](/sections/daily-etf-watch/etf-watch-ishares-plans-russell-2500-fund) 

 

# ETF Watch: iShares Plans Russell 2500 Fund

 

 

 Proposed fund is described as covering the small- to mid-capitalization portion of the U.S. stock market.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Feb 22, 2017

 Edited by: ETF.com Staff

 

 

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A recent filing from iShares outlines the firm’s plans for an ETF that will cover all but 500 of the stocks included in the Russell 3000 Index. The filing for the [iShares Russell 2500 ETF](https://www.sec.gov/Archives/edgar/data/1100663/000119312517045492/d341209d485apos.htm) does not include a ticker, expense ratio or listing exchange.

The fund seems like it will occupy a unique space. On one level, it seems like it could serve as a completion fund to pair with an S&amp;P 500 ETF, but the S&amp;P 500 is not simply the 500 largest stocks in the U.S. Russell has typically identified the largest 1,000 stocks in its broad-market Russell 3000 Index as the large-cap segment, with the smallest 2000 stocks constituting the small-cap space. Midcaps were typically defined as the 800 smallest stocks in the Russell 1000.

In fact, the $15.4 billion [iShares Russell Midcap ETF (IWR)](https://www.etf.com/iwr) covers that exact index, while the $107.18 million [iShares Russell Top 200 ETF (IWL)](https://www.etf.com/iwl) covers the largest 200 stocks in the Russell 1000. And of course, the small-cap Russell 2000 Index underlies the $36.7 billion [iShares Russell 2000 ETF (IWM)](https://www.etf.com/iwm).

Essentially the proposed fund offers “SMID” coverage combining the small-cap segment and at least a portion of the midcap segment of the broad Russell 3000 Index. The prospectus notes that the Russell 2500 Index accounts for roughly 19% of the total market capitalization of the Russell 3000 Index.

*Contact Heather Bell at <hbell@etf.com>.*



 

 

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