The Wilshire 5000

The Wilshire 5000
The Wilshire 5000 is sometimes called the "total stock market index" or
"total market index" because almost all publicly-traded companies with
headquarters in the U.S. that have readily available price data are included in
the Wilshire 5000. Finalized in 1974, this index is extremely diverse, including
stocks from every industry. Although it's a near-perfect measure of the entire U.S.
market, the Wilshire 5000 is referred to less often than the less comprehensive
S&P 500 when people talk about the entire market.

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