The Best (and Only) Dow Jones Industrial Average ETF 2021

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DIA is Your Finest (and only) Dow Jones Industrial Average ETF

The Dow Jones Industrial Average (DJIA), made by Charles Dow in 1896, is among the earliest U.S. market indicators. It's often known as"the Dow" and stands together with the S&P 500 and Nasdaq Composite among the three chief indicators tracking U.S. equities. But unlike many other two, the Dow is comparatively small in size, comprised of 30 blue-chip stocks, also is cost weighted instead of cap-weighted. Those differences, but do keep the Dow from being used by many investors as a proxy to the health of the wider U.S. economy.

The Best (and Only) Dow Jones Industrial Average ETF

KEY TAKEAWAYS

  • The Dow Jones Industrial Average is a price-weighted indicator comprised of 30 stocks that are overburdened.
  • DIA is your greatest (and only) ETF tracking the Dow.
  • DIA's top holdings include Apple, UnitedHealth Group, and Home Depot.
  • The Dow's total yield over the last year is 7.7percent in comparison with the S&P 500's total return of 17.4 percent.

The Dow has faced volatility as a result of anxieties surrounding other international changes and the pandemic. Investors trying to capitalize on the Dow without purchasing individual stocks might look at investing within an abysmal fund (ETF). So as to offer efficacy and portfolio diversity these funds hold baskets of securities.

The SPDR Dow Jones Industrial Average ETF (DIA) is now the sole non-leveraged ETF that tracks the Dow. On August 10, 2020, the Dow has dramatically underperformed the S&P 500 using an entire yield of 7.7percent compared to 17.4 percent, respectively. Below, we take a look at the 1 ETF that tracks the Dow. All amounts below are as of August 11, 2020.

SPDR Dow Jones Industrial Average ETF (DIA)

  • Performance over 1-Year: 8.1percent
  • Expense Ratio: 0.16percent
  • Annual Dividend Yield: 2.18percent
  • 3-Month Average Daily Volume: 4,297,086
  • Assets Under Management: $22.9 billion
  • Inception Date: January 14, 1998
  • Issuer: State Street SPDR

DIA is the ETF for investors trying to replicate the performance of the Dow, which tracks the stocks of a number of the biggest businesses in the U.S. market. The fund might not be as diversified since 30 stocks are held by it, but these stocks belong to firms with strong principles and financing. These variables give them a higher capacity than many firms to weather adverse economic and market events. Their times are supporting them and investors When these stocks are secure. DIA hence remains a popular option for investors searching for comparatively secure exposure to large-cap U.S. stocks. Below, we will examine the top 10 holdings for DIA.

The Best (and Only) Dow Jones Industrial Average ETF
Top DIA Holdings
Business Name (Ticker)Proportion of DIA AssetsCompany Description
Apple Inc. (AAPL)11.1percentConsumer electronics
UnitedHealth Group Inc. (UNH)7.9percentMedical Insurance
Home Depot Inc. (HD)6.8percentHome improvement retailer
Goldman Sachs Group Inc. (GS)5.2percentInvestment lender
Microsoft Corp. (MSFT)5.1percentSoftware and gaming console manufacturer
McDonald's Corp. (MCD)5.0percentQuick food
Visa Inc. (V)4.9percentCharge card providers
Boeing Co. (BA)4.4percentAircraft maker
3M Co. (MMM)4.0percentConsumer products and industrial conglomerate
Johnson & Johnson (JNJ)3.7percentConsumer products, medical, pharmaceuticals

Related Terms

Dow Jones Industrial Average (DJIA) Definition

The Dow Jones Industrial Average (DJIA) is a popular Stock Exchange index that monitors 30 U.S. blue-chip stocks.

Dow 30

The Dow 30 is an inventory index comprised of 30 big, publicly-traded U.S. businesses, that behaves as a sign of the marketplace.

The Best (and Only) Dow Jones Industrial Average ETF

Russell Top 50 Index Definition

The Russell Top 50 Index is a mega-cap inventory indicator of the 50 largest stocks in the Russell 3000 world of U.S.-based equities.

Broad-Based Indicator

A broad-based index is intended to reflect the motion of the full marketplace; a single case of a broad-based index is the Dow Jones Industrial Average.

Theoretical Dow Jones Index Definition

A way of calculating a Dow Jones index that assumes all index components hit their high or low at exactly the exact same time throughout the day.

Dow Jones Transportation Average (DJTA)

The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the USA.

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