Important Announcement - FTSE/Russell Indices

Author: Optuma Team Last updated: Jan 21, 2021 09:54

Due to a change in policy by FTSE/Russell Indices we regret to announce that data for the FTSE Indices data group (and any index sourced from the FTSE, such as the Russell 2000 Index) will no longer be available after June 1st 2018.

If your charts, watchlists or scripting formulas contain these indices then they will no longer update past June 1st.

List of Affected Codes

All of the codes in the data group FTSE Indices will no longer update. Additionally the following codes will cease as well…

Code Description Exchange
RTI Russell 2500 Index World Indices
RTG Russell 2500 Growth Index World Indices
RTV Russell 2500 Value Index World Indices
RAG Russell 3000 Growth Index World Indices
RAV Russell 3000 Value Index World Indices
RLG Russell 1000 Growth Index World Indices
RLV Russell 1000 Value Index World Indices
RMCC Russell Midcap Index World Indices
RMCCG Russell Midcap Growth Index World Indices
RMCCV Russell Midcap Value Index World Indices
RUA Russell 3000 Index World Indices
RUI Russell 1000 Index World Indices
RUJ Russell 2000 Value Index World Indices
RUO Russell 2000 Growth Index World Indices
IUX Russell 2000 Stock Index World Indices
RUT Russell 2000 Index World Indices
EX1 FTSE Eurotop 100 World Indices
E3X9570 FTSE Eurotop Index Index FTSEurofirst 300 - Technology Hardware & Equipment World Indices
FTMC FTSE Mid 250 World Indices

Alternative Codes - FRED

If you have the FRED database enabled on your account you can access Russell indices (1000, 2000, 3000, etc) using their data base.

Russell Indices

Alternative Codes - ETFs

While we do not have any alternative options for the FTSE Indices group at this stage, we do have alternatives for some of the Russell Indices which may be suitable for your needs. There are several ETFs available in the US Equities group which closely follow the underlying indices which could be used as an alternative.

Note that you will require access to the US Equities data on your account. You can log in to your account page to adjust your data subscription.

Name Code ETF Alt Name ETF Code
Russell 1000 Index RUI iShares Russell 1000 ETF IWB
Russell 1000 Growth Index RLG iShares Russell 1000 Growth ETF IWF
Russell 1000 Value Index RLV iShares Russell 1000 Value ETF IWD
Russell 2000 Index RUT iShares Russell 2000 ETF IWM
Russell 2000 Growth Index RUO iShares Russell 2000 Growth ETF IWO
Russell 2000 Value Index RUJ iShares Russell 2000 Value ETF IWN
Russell 3000 Index RUA iShares Russell 3000 ETF IWV
FTSE Eurotop 100 EX1 FTSE Eurotop 100 Index EUR
FTSE Mid250 FTMC FTSE 250 FTSM

The ETF values are around 1/10th of the underlying index, however the movements, shape and cycle pattern of the charts are a close match.

If your charts contain no static indicators (such as Trend Lines, etc) you can change the charts code to the ETF. To change a chart of the index to the ETF simply click on the chart background and type the equivalent ETF symbol, as per above. Here’s an example of changing the Russell 2000 Growth from RUO to IWO, and the RIC tool from RUT to IWM:

Russell Indices

NOTE: For any chart containing static tools that are manually applied to the chart (eg trend lines, horizontal lines, Fibonacci Retracements) they will not be adjusted to the different ETF values so will need to be deleted and reapplied to the new chart.