The Russell 1000 is considered the optimal benchmark for large cap U.S. stocks.
The Russell 1000 comprises over 90% of the total market capitalization of U.S. stocks, and is the go-to benchmark for large cap U.S. stocks.
Like the S&P 500, the Russell 1000 is cap-weighted and will give investors a good idea of how the largest U.S. companies are performing.
What is the Russell 2000 Index?
What Should I Compare the Performance of My Portfolio With?