Wilshire 5000 Total Market Index (TMWX)

The Wilshire 5000 Total Market Index (TMWX) is a broad-based stock market index of the United States equity market. It is a capitalization-weighted index of the 5,000 largest publicly traded companies in the United States, representing approximately 80% of the investable U.S. equity market. The index is calculated and maintained by Wilshire Associates.

The Wilshire 5000 Total Market Index was created in 1974 and is one of the oldest and most widely followed stock market indexes in the United States. It is often used as a benchmark for the performance of the U.S. stock market as a whole.

The Wilshire 5000 Total Market Index is a price-weighted index, which means that the value of the index is determined by the prices of the stocks in the index. The weights of the stocks in the index are based on their market capitalizations. This means that the largest companies in the index have a greater impact on the value of the index than the smaller companies.

The Wilshire 5000 Total Market Index is a good representation of the performance of the U.S. stock market as a whole. It includes a wide range of stocks from different industries and sectors, and it is not heavily weighted towards any particular company or sector. This makes it a good choice for investors who are looking for a broad-based exposure to the U.S. stock market.

The Wilshire 5000 Total Market Index is a popular investment tool for both individual investors and institutional investors. It is used by many investors as a benchmark for their own portfolios, and it is also used by some investors as a target for their investments.

The Wilshire 5000 Total Market Index is a good choice for investors who are looking for a broad-based exposure to the U.S. stock market. It is a liquid index, which means that it is easy to buy and sell shares of the index. It is also a transparent index, which means that investors can easily see how the index is calculated.

The Wilshire 5000 Total Market Index is a good choice for investors who are looking for a long-term investment. The index has a long history of positive returns, and it is a good way to diversify a portfolio.