Wilshire 5000 Total Market Index


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Wilshire 5000 Total Market Index

A capitalization-weighted index that tracks as many stocks being traded in the United States as possible. It tracks all stocks traded on the NYSE, American Stock Exchange, NASDAQ, and any other stock for which data is easily available. Thus, despite its name, it is usually tracking more than 5,000 stocks. It is the broadest index in the United States. The Wilshire 5000 is subdivided into four indices: one for large-cap, one for mid-cap, one for small-cap, and one for micro-cap stocks.

Wilshire 5000 Total Market Index

A very comprehensive market-capitalization-weighted index composed of over 6,500 stocks. Stocks traded on the New York Stock Exchange represent approximately 77% of the value of the index. The Wilshire 5000 included 5,000 stocks when it was created in 1974 but has since been expanded. Wilshire Associates calculates numerous other indexes, including the Wilshire 4500, which excludes stocks composing the S&P 500.
References in periodicals archive ?
Openshaw was formerly the Director of Investment Services at Wilshire Associates, producer of the Wilshire 5000 Total Market Index, and prior to that served as a Vice President in Bank of America's Investment Management Group.
This Mid- and Small-Cap index, is equivalent to the Wilshire 5000 Total Market Index, less the securities of companies in the Standard & Poor's 500 Index.
Balanced Index Portfolio - Invests in the Vanguard Balanced Index Fund, which seeks investment results that parallel a 60% to 40% weighted mix of the performance of the Dow Jones Wilshire 5000 Total Market Index and the Lehman Brothers Aggregate Bond Index, respectively.
1) The Wilshire 5000 Total Market Index measures the performance of all U.
For comparison purposes, Schwab has selected two benchmarks-the Wilshire 5000 Total Market Index and the Average Performance of Stocks Rated A-F.
There are three key differences between the Wilshire 5000 Total Market Index and the Average Performance of Stocks Rated A-F:
The number of stocks tracked-the Wilshire 5000 Total Market Index tracks over 6,500 stocks versus about 3,500 stocks in the Average Performance of Stocks Rated A-F;
How stock returns are weighted-the Wilshire 5000 Total Market Index, like the S&P 500 Index, is market-capitalization weighted, giving larger companies more influence over the Index movements.