The Russell 3000 Index is a capitalization-weighted stock market index that seeks to be a benchmark of the entire US stock market. It measures the performance of the 3,000 largest publicly held companies incorporated in the US based on market capitalization. It represents approximately 98% of the American public equity market. Any comparison to the Russell 3000 Index, or to any other benchmark, is shown for illustrative purposes only. Swell’s portfolios differ from the Russell 3000 in that, among other factors, Swell’s portfolios are managed, undiversified, bear fees and may vary materially in volatility.