ETF Research and Analysis

by Alex Bryan
Since its inception in 1896, the Dow Jones Industrial Average has served as a barometer of the U.S. stock market by tracking a select group of the country's industrial leaders. SPDR Dow Jones Industrial Average ETF DIA offers   Read more 

Bull Case

Profitable, wide-moat stocks anchor the portfolio and may help it hold up a little better than the S&P 500 during market downturns.
Since its inception, the fund has experienced minimal index-tracking error.
The fund offers low-cost exposure to U.S. industry leaders. 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.
This portfolio is highly concentrated. Read more 

Why Index Construction Matters for ETF Investors 
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