Wilshire 5000 Total Market Index - TMWX

AAA

DEFINITION of 'Wilshire 5000 Total Market Index - TMWX'

A market capitalization-weighted index composed of more than 6,700 publicly-traded companies that meet the following criteria:

1. The companies are headquartered in the United States.
2. The stocks are actively traded on an American stock exchange.
3. The stocks have pricing information that is widely available to the public.

INVESTOPEDIA EXPLAINS 'Wilshire 5000 Total Market Index - TMWX'

The Wilshire 5000 was originally comprised of 5,000 stocks, but today it is made up of more than 6,700. As with all market capitalization-weighted indices, the Wilshire overweights companies with a higher firm value and underweights those with a lower firm value. This is one of the broadest indexes and is designed to track the overall performance of the American stock markets. Its ticker symbol is TMWX.

RELATED TERMS
  1. Nasdaq

    A global electronic marketplace for buying and selling securities, ...
  2. VINX 30

    A stock index that tracks the 30 largest companies with the most ...
  3. Standard & Poor's 500 Index - S&P ...

    An index of 500 stocks chosen for market size, liquidity and ...
  4. Russell 3000 Index

    A market capitalization weighted equity index maintained by the ...
  5. Dow Jones Wilshire Large-Cap Index

    A market-capitalization weighted index that is the large-cap ...
  6. Dow Jones Wilshire Small-Cap Index

    Former name of the Wilshire US Small-Cap Index, a market-capitalization ...
Related Articles
  1. An Introduction To Stock Market Indexes
    Investing Basics

    An Introduction To Stock Market Indexes

  2. The ABCs Of Stock Indexes
    Economics

    The ABCs Of Stock Indexes

  3. Wall Street's Enduring Impact On The ...
    Investing Basics

    Wall Street's Enduring Impact On The ...

  4. The Handy Guide To Global Stock Market ...
    Markets

    The Handy Guide To Global Stock Market ...

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center