Question 2 The Russell 1000 (R1000) is a value-weighted index of the largest 1,000 U.S. stocks. The Russell 2000 (R2000) is a value-weighted index of the next largest 2,000 U.S. stocks (that is, stock number 1,001 to 3,000). The Russell 3000 (R3000) is a value-weighted index of the largest 3,000 U.S. stocks. a) From FactSet (Company/Security tab), extract annual total returns from 12/30/2010 till 12/30/2019 for ETFs that mimic Russell 1000 (ticker IWB), Russell 2000 (IWM), and Russell 3000 (IWV). b) Calculate the geometric average return and standard deviation for each ETF and fill out the table below: Russell 1000 (IWB) Russell 2000 (IWM) Russell 3000 (IWV) Average return: SD: c) Why is R3000 closer to the R1000 than to the R2000? Question 2 The Russell 1000 (R1000) is a value-weighted index of the largest 1,000 U.S. stocks. The Russell 2000 (R2000) is a value-weighted index of the next largest 2,000 U.S. stocks (that is, stock number 1,001 to 3,000). The Russell 3000 (R3000) is a value-weighted index of the largest 3,000 U.S. stocks. a) From FactSet (Company/Security tab), extract annual total returns from 12/30/2010 till 12/30/2019 for ETFs that mimic Russell 1000 (ticker IWB), Russell 2000 (IWM), and Russell 3000 (IWV). b) Calculate the geometric average return and standard deviation for each ETF and fill out the table below: Russell 1000 (IWB) Russell 2000 (IWM) Russell 3000 (IWV) Average return: SD: c) Why is R3000 closer to the R1000 than to the R2000