DIA

SPDR Dow Jones Industrial Average ETF Trust
A

79
  • Overview
  • Efficiency
  • Tradability
  • Fit

DIA Fund Description

The SPDR Dow Jones Industrial Average ETF tracks a price-weighted index of 30 large-cap US stocks, selected by the editors of the Wall Street Journal.

DIA Factset Analytics Insight

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, as occurred in September 2013. 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, and is reasonably priced. The fund’s UIT structure is shared by a few other long-lived ETFs (like SPY), with the most notable effects being a slight cash drag since stock dividends received in between the ETF’s distributions 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 PM’s hands. Still, for exposure to the Dow—a concentrated, universally-cited basket of household names—DIA is a great choice.

DIA MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 19, 2018 the SPDR Dow Jones Industrial Average ETF Trust MSCI ESG Fund Quality Score is 5.96 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. DIA ranks in the 96th percentile within its peer group and in the 68th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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DIA Top 10 Countries

DIA Top 10 Sectors

DIA Top 10 Holdings View All

DIA Summary Data

SPDR
01/14/98
Unit Investment Trust
0.17%
$23.73B
$1.51B
0.01%

DIA Portfolio Data

$227.59B
22.28
3.91
1.95%
02/16/18
30

DIA Index Data

Price
Committee
MSCI USA Large Cap

Related ETFs to DIA

SPY, IVV, VOO, IWB, SCHX
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

DIA Portfolio Management

0.17%
-0.20%
-0.13%
-0.27%

DIA Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DIA Fund Structure

Unit Investment Trust
No
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

DIA Factset Analytics Block Liquidity

As of 02/20/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DIA. DIA is rated a 5 out of 5.

DIA Tradability

6,015,153
$1.51B
4,752,857
$1.22B
0.01%
$0.01
0.00%
0.16% / -0.07%
None
100.00%
50,000
95.06
0.01%
0.07%
448,401
$251.98
5

DIA Sector/Industry BreakdownView All

DIASegment Benchmark
9.51% 23.18%
25.31% 16.99%
16.53% 16.49%
12.47% 14.88%
13.81% 12.57%
6.28% 5.90%

DIA Geographic Exposure

DIASegment Benchmark
100.00% 100.00%

DIASegment Benchmark
100.00% 100.00%
0.00% / 0.00% 0.00% / 0.00%

DIA Performance Statistics

0.90
1.00
0.95
1.08
0.19%
MSCI USA Large Cap

DIA MSCI ESG Ratings

5.96 / 10
96.32
67.94
13.86%
3.92%
82.54

DIA BENCHMARK COMPARISON

    DIA
    30 Holdings
    Segment Benchmark
    300 Constituents
    Shared Holdings
    30 (Count)
     
    31.27% (Weight)
DIASegment Benchmark
214.98 B 227.59 B
99.77% 100.00%
0.11% 0.00%
0.00% 0.00%
0.00% 0.00%
1.84% 2.10%
-- High

Options Strategies for Outcome Investing

Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.

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