DEFINITION of 'S&P 600'

An index of small-cap stocks managed by Standard and Poor's. The S&P 600 SmallCap Index covers a broad range of small cap stocks in the United States. The index is weighted according to market capitalization and covers about 3-4% of the total market for equities in the United States.

BREAKING DOWN 'S&P 600'

The S&P 600 is somewhat comparable to the Russell 2000 Index in that both measure the performance of small-cap stocks. Most references to the S&P index are regarding the S&P 500 since its stocks are better knowns. There are several ETFs available for investors who wish to purchase this index.

RELATED TERMS
  1. Russell 2000 Index

    An index measuring the performance approximately 2,000 small-cap ...
  2. Standard & Poor's 500 Index - S&P ...

    An index of 500 stocks chosen for market size, liquidity and ...
  3. Russell Small Cap Completeness ...

    A capitalization weighted index composed of all of the Russell ...
  4. Standard & Poor's - S&P

    The world's leading index provider and the foremost source of ...
  5. S&P Phenomenon

    The tendency for a stock that has been recently added to the ...
  6. Weighted Average Market Capitalization

    A stock market index weighted by the market capitalization of ...
Related Articles
  1. Investing

    IJS: iShares S&P Small-Cap 600 Value ETF

    Learn how the iShares S&P Small-Cap 600 Value exchange-traded fund is managed, which benchmark it tracks and for whom it is most appropriate.
  2. Investing

    5 Best US Small-Cap Index Mutual Funds

    Read about different small-cap mutual funds that are available for investors. Learn about how the small-cap indexes have higher volatility.
  3. Investing

    The 4 Largest Small-Cap ETFs (IWM, IJR)

    Learn about how U.S. small-cap stocks have performed in 2016 and over the past year, and the top four largest U.S. small-cap ETFs by assets under management.
  4. Investing

    Small-Caps and Dividends: Perfect Together

    For investors, small-caps shouldn’t be just about growth. They can be powerful income tools, as well.
  5. Investing

    How to Ride the Small-Cap Rally (IWM,SCHA)

    Small-caps are on a bullish tear. Here's how to play the rally.
  6. Investing

    The Top 3 Small Cap ETFs for 2016 (VBR, DES)

    Obtain detailed information on three of the most promising small-cap exchange traded funds (ETFs) that could outperform for investors in 2016.
  7. Investing

    The Top 5 Small-Cap Core ETFs for 2016 (VTWO, IJR)

    Learn how to get broad exposure to the U.S. small-cap equities market by investing in one of the top five exchange-traded funds for 2016.
  8. Investing

    ETF Analysis: WisdomTree SmallCap Earnings

    Discover the WisdomTree Small Cap Earnings ETF, a fund with a special focus on small-cap and micro-cap stocks with positive earnings.
  9. Investing

    IWM vs. VTWO: Comparing U.S. Small-Cap ETFs

    Find out how two of the largest small-cap exchange-traded funds, the iShares Russell 2000 and the Vanguard Small-Cap ETF, compare with each other.
  10. Investing

    Small Cap Index Fund: NAESX (ETF) vs. SLYG (Mutual Fund)

    Learn about how factors such as management style, sector allocation, expenses and dividend yields differentiate between similar ETFs and mutual funds.
RELATED FAQS
  1. Which is the best index to use to study the possible future price action of a given ...

    It is a smart idea to study the movements of a broad-based index of companies before making an investment decision. Specifically, ... Read Answer >>
  2. How do the risks of large cap stocks differ from the risks of small cap stocks?

    Understand the important differences between large- and small-cap companies that make small-cap firms a more risky equity ... Read Answer >>
  3. What are the pros and cons of using the S&P 500 as a benchmark?

    Learn about the advantages and disadvantages of using the S&P 500 as a benchmark for portfolio performance, and understand ... Read Answer >>
  4. What should I use as a benchmark for my small-cap stock portfolio?

    When creating a stock portfolio, it is important to have a benchmark against which you can compare your returns. Comparing ... Read Answer >>
  5. Why should I be looking at small cap stocks as a potential investment?

    Discover the role of small-capitalization stocks in an equity portfolio, and learn why investors take on additional risk ... Read Answer >>
  6. Is the average return on small cap companies better than large cap companies?

    Learn the difference between small-cap and large-cap companies, and find out which type of company is likely to yield a higher ... Read Answer >>
Hot Definitions
  1. IRS Publication 970

    A document published by the Internal Revenue Service (IRS) that provides information on tax benefits available to students ...
  2. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  3. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  4. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  5. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  6. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
Trading Center