It is probably worse as most investor's portfolio is more large cap biased than the averages, as small cap investors tend to be more exclusive to the asset class. (valuestockguide.com)
Small - cap investors tend to lean a little more towards the growth side of things, though there are value stocks in this space too. (moneysense.ca)
Large - cap investors in 2000 were in a very risky spot. (oakmark.com)