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December 15, 2014
NEW YORK — This year has felt like a hangover for owners of small-cap stock funds.
On several occasions, small-cap stocks have dipped by more than 7 percent in just a matter of weeks. All told, they're close to flat for the year, a letdown from 2013 when they surged 37 percent. And the performance looks even worse when compared with large-cap stocks, which are up 11 percent. The last time small-caps had this bad a year relative to large-caps was when Google was still operating out of a garage in 1998.
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