RSSL is a relatively new low-cost ETF tracking the Russell 2000 Index, a popular benchmark for small-cap stocks. Its expense ratio is 0.08% and the fund has $1.32 billion in assets. Despite its cheap 0.08% expense ratio, I don't recommend owning. There are several superior choices, both active and passive, that feature superior factor mixes and stronger track records. Quality is the primary issue. Since the Index is primarily cap-driven, 26% of companies, including 10% in Health Care, were allowed entry, making RSSL too speculative for my liking.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BA Bobby Adusumilli SJS Investment Consulting Inc. | 42 | $3,999.24 | $4,692.66 | $693.42 | 17.34% |
Christopher C. Powers Farther Finance Advisors, LLC | 1 | $86.8 | $111.73 | $24.93 | 28.72% |
| BG Byron Gustus Cornerstone Select Advisors LLC | 4,625 | $403,318.13 | $525,215 | $121,896.87 | 30.22% |
| ARCA Exchange | US Country |
The fund is deeply anchored in the U.S. equity market, focusing primarily on the small-capitalization sector. It commits at least 80% of its net assets, in addition to any borrowings for investment purposes, to securities of the index it tracks. The index, mandated by FTSE Russell, serves as an equity benchmark that scrutinizes the performance of small-cap companies in the U.S. This strategic orientation allows the fund to offer investors a focused exposure to a dynamic segment of the market, characterized by its growth potential and market agility. Through its rigorous investment strategy and adherence to the underlying index, the fund aims to mirror the performance of this critical market sector, providing a targeted investment avenue for those looking to diversify into small-cap equities.
This product is designed for investors seeking exposure to the U.S. small-capitalization equity market. By investing at least 80% of its net assets in securities belonging to the benchmark index, the fund offers a transparent, focused investment in small-cap companies. This strategy is suitable for those looking to benefit from the growth potential and agility of small-cap equities in the U.S., with the index acting as a reliable reference for performance measurement.
The fund uses the FTSE Russell-defined equity benchmark for the small-capitalization sector of the U.S. equity market. This benchmark is essential for investors interested in tracking the performance of small-cap stocks. By aligning its investment strategy with this index, the fund provides a service for investors to gauge the health and performance of the small-cap sector, enabling informed investment decisions based on comprehensive market data.