Dow Jones Wilshire Large-Cap Index
Definition of 'Dow Jones Wilshire Large-Cap Index'
A market-capitalization weighted index that is the large-cap subset of the Wilshire 5000 Total market Index. The Dow Jones Wilshire Large-Cap Index was later rebranded the Wilshire US Large-Cap Index when the partnership between Dow Jones and Wilshire Associates ended. This index contains the top 750 companies as measured by market capitalization.
Investopedia explains 'Dow Jones Wilshire Large-Cap Index'
The Wilshire 5000 Total Market Index, also known as the Dow Jones Wilshire 5000 Total Market Index, is the most broadly based U.S. stock index. The index is comprised of four segments of market capitalization, each with a different index association.
1) Wilshire US Large-Cap Index: Stocks ranked 1-750
2) Wilshire US Mid-Cap Index: Stocks ranked 501-1000
3) Wilshire US Small-Cap Index: Stocks ranked 751-2500
4) Wilshire US Micro-Cap Index: Stocks ranked 2501+
The mid-cap index contains stocks from both the small- and large-cap indexes.