0 used to describe a company or its shares, when the total number of shares has a high value: --
1 a company with a high total value of shares, or shares in companies like this: --
Funds may focus on some size of company, that is, small-cap, large-cap, "et cetera".
Each of these three groups offers large-cap, mid-cap, and small-cap indexes.
But since these returns tend to run in cycles, there have been long periods when large-cap stocks have outperformed smaller stocks.
So it is larger than a large-cap index.