 Small cap stocks are listed companies that have market capitalizations typically ranging from 300 million to 2 billion. Since the share prices of these companies can have big fluctuations over a short period of time, companies with market caps of up to 10 billion are also found in the small cap universe. Small Cap stocks, as represented by the Russell 2000 Index RUT, have underperformed the broader market, providing investors with a total return of -4.6 compared to the SP 500s total return of 8.9 over the past 12 months. These market performance numbers and the statistics in the tables below are as of July 28. 