For the time being, the Fed has indicated that it will keep interest rates low since inflation has yet to significantly increase. If you still think there is some upside to small cap stocks, Don Dion for TheStreet recommends the iShares Russell 2000 Index Fund (NYSEArca: IWM), iShares S&P 600 Index Fund (NYSEArca: IJR) and Vanguard Small Cap ETF (NYSEArca: VB).

For more stories on small-cap stocks, visit our small-cap category.

Sumin Kim contributed to this article.