Micro cap funds track companies that have a market capitalization generally between $50 million and $300 million.
Micro caps are generally considered more risky than larger companies not only for their stock volatility but also for the underlying risk of the relatively new and untested companies involved.
- CRSP Decile 10 1972-1997
- Bridgeway Ultra Small Market (BRSIX) 1998+
Portfolios with Micro Cap assets