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NYSEARCA:DIA

SPDR Dow Jones Industrial Average ETF Trust (DIA) Price, Holdings, & News

$388.88
+0.91 (+0.23%)
(As of 12:19 PM ET)
Today's Range
$388.77
$391.77
50-Day Range
$377.31
$399.94
52-Week Range
$323.21
$400.99
Volume
1.30 million shs
Average Volume
3.57 million shs
Market Capitalization
$32.39 billion
Assets Under Management
$31.62 billion
Dividend Yield
1.74%
Net Expense Ratio
0.16%
DIA stock logo

About SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.

DIA Stock Price History

DIA ETF News Headlines

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Fund Details

Issuer
SSgA
Fund Name
SPDR Dow Jones Industrial Average ETF Trust
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:DIA
Inception Date
1/14/1998
Fund Manager
N/A

Fund Focus

Asset Class
Equity
Benchmark
Dow Jones Industrial Average Index
Category
Size and Style
Focus
Large Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
31

Fund Statistics

Assets Under Management
$32.05 billion
Average Daily Volume
$2.70 million
Discount/Premium
0.05%

Administrator, Advisor and Custodian

Administrator
State Street Bank and Trust Company
Advisor
SSgA Funds Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
ALPS Distributors, Inc.
Transfer Agent
State Street Bank and Trust Company
Trustee
State Street Bank and Trust Company
Lead Market Maker
IMC

Options

Optionable
Optionable
Options Volume
23,447
Put Options
11,074
Call Options
12,373
Short Interest
6,020,000 shs

Miscellaneous

Beta
0.93
Creation Unit
50,000
Creation Fee
$1,000.00
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SPDR Dow Jones Industrial Average ETF Trust Expenses

TypeDIALarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.06%0.57%0.54%0.51%0.51%
Other Expenses0.10%0.29%0.54%0.64%0.58%
Total Expense0.16%0.63%0.70%0.74%0.70%
Fee Waiver0.00%-0.19%-0.54%-0.68%-0.56%
Net Expense0.16%0.61%0.60%0.58%0.58%

SPDR Dow Jones Industrial Average ETF Trust (DIA) Holdings & Exposure

DIA Sector Exposure

DIA Industry Exposure

Should I Buy SPDR Dow Jones Industrial Average ETF Trust Stock? DIA Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in SPDR Dow Jones Industrial Average ETF Trust:

  • Provides Diversification: Investing in DIA allows investors to gain exposure to a diversified portfolio of 30 large-cap U.S. stocks, reducing individual stock risk.
  • Liquidity: DIA is traded on major exchanges, providing high liquidity for investors to easily buy or sell shares at any time.
  • Historical Performance: Over the years, DIA has historically tracked the performance of the Dow Jones Industrial Average, offering investors a benchmark for market performance.
  • Low Expense Ratio: DIA has a low expense ratio, making it a cost-effective investment option for those seeking exposure to the Dow Jones Industrial Average.
  • Current Stock Price: The current stock price of DIA provides an entry point for investors looking to participate in the performance of the Dow Jones Industrial Average.

Cons

Investors should be bearish about investing in SPDR Dow Jones Industrial Average ETF Trust for these reasons:

  • Market Volatility: As an ETF tracking the Dow Jones Industrial Average, DIA is subject to market volatility, which can lead to fluctuations in the fund's value.
  • Concentration Risk: DIA's performance is heavily influenced by the 30 stocks in the Dow Jones Industrial Average, leading to concentration risk compared to broader market ETFs.
  • Dividend Yield: The dividend yield of DIA may not be as high as other dividend-focused ETFs, potentially impacting income-oriented investors.
  • Limited Exposure: DIA only includes 30 large-cap U.S. stocks, limiting exposure to other market segments such as small-cap or international stocks.
  • Tracking Error: There may be instances where DIA does not perfectly track the performance of the Dow Jones Industrial Average, leading to tracking errors that can impact returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these SPDR Dow Jones Industrial Average ETF Trust pros and cons to contact@marketbeat.com.

DIA ETF - Frequently Asked Questions

How have DIA shares performed in 2024?

SPDR Dow Jones Industrial Average ETF Trust's stock was trading at $376.87 on January 1st, 2024. Since then, DIA shares have increased by 3.4% and is now trading at $389.81.
View the best growth stocks for 2024 here
.

What does DIA invest in?

SPDR Dow Jones Industrial Average ETF Trust is a equity fund issued by SSgA. DIA focuses on large cap investments and follows the Dow Jones Industrial Average Index. The fund's investments total to approximately $31.62 billion assets under management.

What stocks does SPDR Dow Jones Industrial Average ETF Trust hold?
What is the management fee for SPDR Dow Jones Industrial Average ETF Trust?

SPDR Dow Jones Industrial Average ETF Trust's management fee is 0.06% and has other expenses of 0.10%. The net expense ratio for DIA is 0.16%.

What other stocks do shareholders of SPDR Dow Jones Industrial Average ETF Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPDR Dow Jones Industrial Average ETF Trust investors own include SPDR S&P 500 ETF Trust (SPY), Walt Disney (DIS), Alibaba Group (BABA), Invesco QQQ (QQQ), NVIDIA (NVDA), Pfizer (PFE), Home Depot (HD), Johnson & Johnson (JNJ), Netflix (NFLX) and Visa (V).

Who are SPDR Dow Jones Industrial Average ETF Trust's major shareholders?

SPDR Dow Jones Industrial Average ETF Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Jane Street Group LLC (0.00%), CHURCHILL MANAGEMENT Corp (0.61%), Osaic Holdings Inc. (0.37%), Cambridge Investment Research Advisors Inc. (0.32%), Global Assets Advisory LLC (0.30%) and Commonwealth Equity Services LLC (0.30%).
View institutional ownership trends
.

How do I buy shares of SPDR Dow Jones Industrial Average ETF Trust?

Shares of DIA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:DIA) was last updated on 6/12/2024 by MarketBeat.com Staff

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