Spdr Dow Jones Etf Profile

DIA Etf  USD 397.76  0.20  0.05%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
SPDR Dow is trading at 397.76 as of the 29th of March 2024, a 0.05% increase since the beginning of the trading day. The etf's open price was 397.56. SPDR Dow has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for SPDR Dow Jones are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
The Trusts Portfolio consists of substantially all of the component common stocks that comprise the DJIA, which are weighted in accordance with the terms of the Trust Agreement. Dow Industrials is traded on NYSEARCA Exchange in the United States. More on SPDR Dow Jones

Moving together with SPDR Etf

  0.94VTV Vanguard Value IndexPairCorr
  0.91VYM Vanguard High DividendPairCorr
  0.91IWD IShares Russell 1000PairCorr
  0.96DGRO IShares Core DividendPairCorr
  0.91IVE IShares SP 500PairCorr
  0.91SPYV SPDR Portfolio SPPairCorr

SPDR Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR Dow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Dow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Old NameDipula Income Fund Ltd A
Business ConcentrationLarge Cap ETFs, Size And Style ETFs, Large Value, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date1998-01-14
BenchmarkDow Jones Industrial Average Index
Entity TypeRegulated Investment Company
Asset Under Management34.32 Billion
Average Trading Valume3.32 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Transfer AgentState Street Bank and Trust Company
TrusteeState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents31.0
Market MakerIMC
Total Expense0.16
Management Fee0.06
Country NameUSA
Returns Y T D5.97
NameSPDR Dow Jones Industrial Average ETF Trust
Currency CodeUSD
Open FigiBBG000BTDS98
In Threey Volatility16.77
1y Volatility12.87
200 Day M A358.68
50 Day M A386.92
CodeDIA
Updated At28th of March 2024
Currency NameUS Dollar
SPDR Dow Jones [DIA] is traded in USA and was established 1998-01-13. The fund is classified under Large Value category within SPDR State Street Global Advisors family. The entity is thematically classified as Large Cap ETFs. SPDR Dow Jones currently have 29.21 B in assets under management (AUM). , while the total return for the last 3 years was 8.3%.
Check SPDR Dow Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Dow Jones Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top SPDR Dow Jones Etf Constituents

IBMInternational Business MachinesStockInformation Technology
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
MSFTMicrosoftStockInformation Technology
MMM3M CompanyStockIndustrials
MCDMcDonaldsStockConsumer Discretionary
JNJJohnson JohnsonStockHealth Care
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SPDR Dow Target Price Odds Analysis

What are SPDR Dow's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SPDR Dow jumping above the current price in 90 days from now is roughly 2.44%. The SPDR Dow Jones probability density function shows the probability of SPDR Dow etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon SPDR Dow has a beta of 0.8497 suggesting as returns on the market go up, SPDR Dow average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Dow Jones will be expected to be much smaller as well. Additionally, sPDR Dow Jones has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 397.76HorizonTargetOdds Above 397.76
97.47%90 days
 397.76 
2.44%
Based on a normal probability distribution, the odds of SPDR Dow to move above the current price in 90 days from now is roughly 2.44 (This SPDR Dow Jones probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .

SPDR Dow Top Holders

LEXIAlexis Practical TacticalEtfTactical Allocation
TEBRXThe Teberg FundMutual FundTactical Allocation
BUYWMain Buywrite ETFEtfUS Etf
FTGOXSalient Tactical GrowthMutual FundLong-Short Equity
FTAGXSalient Tactical GrowthMutual FundLong-Short Equity
FFTGXSalient Tactical GrowthMutual FundLong-Short Equity
TFAFXTactical Growth AllocationMutual FundAllocation--85%+ Equity
More Details

SPDR Dow Jones Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Dow market risk premium is the additional return an investor will receive from holding SPDR Dow long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Dow. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR Dow's alpha and beta are two of the key measurements used to evaluate SPDR Dow's performance over the market, the standard measures of volatility play an important role as well.

SPDR Dow Against Markets

Picking the right benchmark for SPDR Dow etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR Dow etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR Dow is critical whether you are bullish or bearish towards SPDR Dow Jones at a given time. Please also check how SPDR Dow's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Dow without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy SPDR Etf?

Before investing in SPDR Dow, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR Dow. To buy SPDR Dow etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Dow. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR Dow etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SPDR Dow Jones etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased SPDR Dow Jones etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR Dow Jones, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR Dow guide.

Already Invested in SPDR Dow Jones?

The danger of trading SPDR Dow Jones is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR Dow is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR Dow. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Dow Jones is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR Dow Jones offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Dow's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Dow Jones Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Dow Jones Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR Dow Jones. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for SPDR Etf analysis

When running SPDR Dow's price analysis, check to measure SPDR Dow's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Dow is operating at the current time. Most of SPDR Dow's value examination focuses on studying past and present price action to predict the probability of SPDR Dow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR Dow's price. Additionally, you may evaluate how the addition of SPDR Dow to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Dow Jones is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Dow's value that differs from its market value or its book value, called intrinsic value, which is SPDR Dow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Dow's market value can be influenced by many factors that don't directly affect SPDR Dow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Dow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.