L&G Russell 2000 US Small Cap Quality UCITS ETF

Fund aim
The L&G Russell 2000 US Small Cap Quality UCITS ETF (the “ETF”) aims to track the performance of the Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index (the “Index”).
Fund snapshot
- Sector allocation
Invest in the growth potential of US small caps
- Diversification
Diversify a US large cap portfolio with a broad basket of 2,000 US small caps
Fund facts
| Fund size | |
| Base currency | USD |
| Fund launch date | 29 Aug 2008 |
| Share class launch | 25 Sep 2008 |
| Domicile | Ireland |
| Replication method | Physical - optimised |
Benchmark
Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index
Index description
Russell 2000 0.4 Quality Target Exposure Factor Net Tax Index
The Index measures the performance of a basket of stocks within the small-capitalisation segment of the U.S. equity market. The Index derives its universe from the Russell 2000 Index which includes approximately 2000 of the smallest securities based on a combination of their market capitalisation and current index membership. The Index then applies a quality tilt by adjusting the market cap weight of those constituents with better quality characteristics upwards and adjusting the market cap weights of those with poorer quality characteristics downwards such the target active quality factor exposure, set at 0.4, is achieved. Securities with a weight of less than 2 basis points are removed from the Index. Quality factor is defined as a composite measure of a company’s profitability and leverage and is determined by FTSE International Limited (the “Index Administrator”) using a rules-based approach, as further described in the index methodology document.
Index data
| Provider | FTSE Russell |
| Bloomberg code | R2QTEN |
| Reuters code | .TFTR2QTENU |
| Type | Net Total Return |
| Website | Go to website |
Performance
Performance scenarios
Example investment: 10,000 USD
Portfolio breakdown
As at 30 Sep 2026
| Top 10 constituents | 5.5% |
|---|---|
| Rest of Index | 94.5% |
| Number of constituents in Index | 1,021 |
|---|
Top 10 constituents (%)
| Brinker International | 0.7 |
| Moelis & Company | 0.7 |
| Twist Bioscience | 0.6 |
| Krystal Biotech | 0.6 |
| 10x Genomics | 0.5 |
| Dave Inc | 0.5 |
| Ssr Mining | 0.5 |
| InterDigital | 0.5 |
| Alkermes | 0.5 |
| CareTrust REIT | 0.5 |
Sector (%)
Financials | 19.9 |
Health Care | 19.8 |
Information Technology | 13.6 |
Industrials | 13.6 |
Consumer Discretionary | 9.5 |
Energy | 7.0 |
Real Estate | 5.6 |
Materials | 4.0 |
Utilities | 2.8 |
Other | 4.2 |
| Top 10 constituents | 5.5% |
|---|---|
| Rest of Index | 94.5% |
| Number of constituents in Index | 1,021 |
|---|
Top 10 constituents (%)
| Brinker International | 0.7 |
| Moelis & Company | 0.7 |
| Twist Bioscience | 0.6 |
| Krystal Biotech | 0.6 |
| 10x Genomics | 0.5 |
| Dave Inc | 0.5 |
| Ssr Mining | 0.5 |
| InterDigital | 0.5 |
| Alkermes | 0.5 |
| CareTrust REIT | 0.5 |
Sector (%)
Financials | 19.9 |
Health Care | 19.8 |
Information Technology | 13.6 |
Industrials | 13.6 |
Consumer Discretionary | 9.5 |
Energy | 7.0 |
Real Estate | 5.6 |
Materials | 4.0 |
Utilities | 2.8 |
Other | 4.2 |
Currency (%)
USD | 100.0 |
Country (%)
United States | 100.0 |
All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index.
Fund managers

L&G Index Fund Management Team
The skill set and expertise we have developed over 35+ years in index management has allowed us to continuously evolve our investment processes. The Index Fund Management team comprises 30 fund managers with an average experience of 15 years, supported by 33 broader team members. Management oversight is provided by Dave Barron, Global Head of Index, ETFs & Systematic Solutions. The team also has full access to the resources and research of other specialists within L&G, including economists and strategists.
Literature
Document type
Prices
Pricing information
| Price time | 16:00 EST (NY) |
| Currency | USD |
Listings and codes
Listings
| Exchange | Currency | Ticker | ISIN | Bloomberg | WKN | Reuters | Listing date | Trading hours (local) |
|---|---|---|---|---|---|---|---|---|
| London Stock Exchange | GBP | RTWP | IE00B3CNHJ55 | RTWP LN | A0Q8H2 | RTWP.L | 06/11/2008 | 08:00 - 16:30 |
| London Stock Exchange | USD | RTWO | IE00B3CNHJ55 | RTWO LN | A0Q8H2 | RTWO.L | 06/11/2008 | 08:00 - 16:30 |
| Borsa Italiana | EUR | RTWO | IE00B3CNHJ55 | RTWO IM | A0Q8H2 | RTWO.MI | 29/01/2009 | 09:00 - 17:30 |
| Deutsche Börse Xetra | EUR | ETLZ | IE00B3CNHJ55 | ETLZ GY | A0Q8H2 | ETLZ.DE | 04/12/2008 | 09:00 - 17:30 |
| Euronext Amsterdam | EUR | RTWO | IE00B3CNHJ55 | RTWO NA | A0Q8H2 | RTWO.AS | 15/09/2008 | 09:00 - 17:30 |
| SIX Swiss Exchange | USD | RTWO | IE00B3CNHJ55 | RTWO SW | A0Q8H2 | RTWO.S | 31/01/2024 | 09:00 - 17:30 |
Share class codes
| ISIN | IE00B3CNHJ55 |
| SEDOL | B3CJZ88 |
| Bloomberg | RTWO |
| WKN | A0Q8H2 |
Dealing information
| Issuer | Legal & General UCITS ETF Plc |
| Depositary and Trustee | The Bank of New York Mellon SA/NV, Dublin Branch |
| Securities regulator | Central Bank of Ireland |
Country registration
This share class is registered for sale in the following countries:




















