The Top (and Only) Dow Jones Industrial Average ETF

For investors optimistic that U.S. stocks will keep rebounding from their recent lows, one Dow Jones Industrial Average ETF provides focused exposure to the market. The large-cap index rose 20% since late September, driven by signs of slowing inflation, the outlook for less aggressive Federal Reserve rate hikes, and better-than-expected corporate profits.

DIA is the only non-leveraged, non-inverse, U.S.-traded ETF that tracks the Dow, which is up 3% in the last year while the S&P 500 Index is down 8% as of Dec. 1, 2022. We examine this ETF below in closer detail. All figures below are as of Dec. 1, 2022.

SPDR Dow Jones Industrial Average ETF Trust (DIA)

• Performance Over One-Year: 3.1%
• Expense Ratio: 0.16%
• Annual Dividend Yield: 1.56%
• Three-Month Average Daily Volume: 4,083,728
• Assets Under Management: $31.3 billion
• Inception Date: Jan. 14, 1998
• Issuer: State Street

DIA is the ETF for investors seeking to replicate the performance of the Dow, which is comprised of roughly 30 stocks representing many of the biggest U.S. companies. While the fund isn't as diversified as many ETFs, the companies in the index have strong fundamentals and finances. These factors give them greater capability than most companies to weather adverse economic and market events. Though these stocks are relatively safe for investors seeking exposure to large-cap equities, their fast-growth days are over. Many investors choose Dow companies for their defensive qualities and reliable dividend payouts rather than potential for capital appreciation, with DIA remaining a popular choice for investors looking for relatively safe exposure to large-cap U.S. equities. Healthcare stocks make up the largest portion of the portfolio at 21%, followed by information technology and financials. Below, we’ll look at the top 10 holdings for DIA.

The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.