Oh, I get it now!
Actually your original wording was probably just fine but everyone was sleeping in. You're posting on a weekend and this board sees by far its greatest activity on workdays.
Originally Posted by AV8
Does a Total Market Index Fund give enough exposure to mid/small cap stocks (in terms of AA) or is it too weighted by the large cap portion since they are generally categorized as Large Cap Blend?*
I would think you would need to augment with a mid/small cap position.* Is this correct?
No, yes, and yes.
Compare the returns of the S&P1
500 (S&P's version of the total stock market) against the S&P500, the S&P400 (midcap), and the S&P600 (smallcap).* You can also do the comparison a second time using only the value components of those indices.* You'll probably be happier if you boost the 400 & 600 in your AA, and if you retain some of the 500 then you'll dampen the volatility.
However the last three years' volatility of the S&P600 value component (IJS) has made us very happy ERs.* Even the small-cap growth (IJT) has been pretty good, Bernstein's historical data notwithstanding.* Maybe you don't want any of the S&P500 at all.