Russell 3000® Index Fund M .. Benchmark Overall Morningstar Rating™ Morningstar Return Morningstar Risk Russell 3000 TR USD QQQQ Above Average Average Out of 1203 Large Blend investments. An investment's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 90% of the total market capitalization of that index. As of 10 May 2019, the stocks of the Russell 1000 Index had a weighted average market capitalization of $198.3 billion and a median market capitalization of $10.5 billion.