DEFINITION of 'Dow Jones Wilshire Small-Cap Index'
Former name of the Wilshire US Small-Cap Index, a market-capitalization weighted index previously maintained by Dow Jones Indexes that was the small-cap subset of the Dow Jones Wilshire 5000 Composite Index. The Dow Jones Wilshire Small-Cap Index contained the companies ranked 751 to 2,500 as measured by market capitalization.
BREAKING DOWN 'Dow Jones Wilshire Small-Cap Index'
The Dow Jones Wilshire 5000 Composite Index, also known as the Dow Jones Wilshire 5000 Total Market Index, was the most broadly based U.S. stock index. The index comprised of four segments of market capitalization, each with a different index association.
1) Dow Jones Wilshire U.S. Large-Cap Index: Stocks ranked 1-750
2) Dow Jones Wilshire U.S. Mid-Cap Index: Stocks ranked 501-1,000
3) Dow Jones Wilshire U.S. Small-Cap Index: Stocks ranked 751-2,500
4) Dow Jones Wilshire U.S. Micro-Cap Index: Stocks ranked 2,501+
The mid-cap index contained stocks from both the small- and large-cap indexes.