SPDR Dow Jones Industrial AverageDIA

Morningstar Rating

ETF Research and Analysis

by Alex Bryan
Suitability
The editors of The Wall Street Journal have their hands full. In addition to their responsibilities for the newspaper, they maintain the iconic Dow Jones Industrial Average Index. Since its inception in 1896, the Dow Jones   Read more 

Bull Case

DIA's portfolio of high-quality companies has given it less volatility than the S&P 500.
The fund has experienced minimal index tracking error since inception.
The fund's dividend yield is slightly higher than the broader market. Read more 

Bear Case

Price weighting does not accurately reflect the relative size of the fund's holdings.
The committee that maintains the Dow Jones Industrial Average does not follow a predefined set of objective rules to select the index's constituents.
The fund's portfolio of 30 companies is highly concentrated. Read more 

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