SPDR Dow Jones Industrial Average ETFSPDR Dow Jones Industrial Average ETFSPDR Dow Jones Industrial Average ETF

SPDR Dow Jones Industrial Average ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪37.79 B‬USD
Fund flows (1Y)
‪645.90 M‬USD
Dividend yield (indicated)
1.45%
Discount/Premium to NAV
0.9%

About SPDR Dow Jones Industrial Average ETF


Issuer
State Street Corp.
Brand
SPDR
Expense ratio
0.16%
Home page
Inception date
Jan 14, 1998
Index tracked
DJ Industrial Average
Management style
Passive
Despite the name recognition that comes from tracking the Dow and its own popularity, DIA is not the ideal ETF for investors who want broad-based exposure to US large-caps. The fund's tiny portfolio, arbitrary selection, and antiquated weighting produce significant sector biases relative to the market and cover only a fraction of the large-cap space, typically represented by hundreds of names. Stocks are price-weighted, not cap-weighted, which can produce major sector realignments when multiple holdings change. Still, DIA tends to move with the broader market day-to-day, and some may prefer its typically (slightly) lower beta. DIA is extremely liquid, with huge assets and a long track record. The fund's UIT structure is shared by a few other long-lived ETFs, with the most notable effect being a slight cash drag since dividends received can't be reinvested as is typically the case. UITs must also hold every stock in the index at all times, which can tie the portfolio manager's hands.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Price-weighted
Weighting scheme
Price
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Technology Services
Electronic Technology
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.