Nope, the game just has leveled loot. If you're at a specific level, chances are that in the big chests will be something that suits your level. If you're level 5, you'll mostly find iron crap, if you're level 25 glass and ebony are possible and at level 50 you run into daedric and dragon bone/scale stuff. The smaller chests mostly contain useless things on every level.
Same goes for gold, potions and stuff. The higher level the more gold you'll find and the potions will be more powerful.