It's been in many ways a good year for the stock market. The Dow Jones industrial average is up about 4.5 percent on the year, and the S&P 500 index is up nearly 9 percent. Since those are the two most widely watched indexes, the general outlook for the market has been good in 2014.
But both those indexes focus on large-company stocks. The Russell 2000 index, the prime benchmark for small-cap stocks, is down by 1.4 percent on the year. That means smaller stocks lag their bigger brethren by roughly 10 percentage points.
The last six months have been especially rough for small-cap stocks. The S&P 500 posted its 34th record high of the year last Thursday. But after posting its last record high on March 4, the Russell 2000 has lost 5.1 percent of its value.
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