SPDR Dow Jones Industrial Average ETF Trust company info

What does SPDR Dow Jones Industrial Average ETF Trust do?
SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is a widely recognized exchange-traded fund (ETF) that aims to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (DJIA). This ETF offers individuals and institutions the opportunity to invest in a diversified portfolio of 30 blue-chip U.S. stocks, mirroring the performance of the DJIA, which is one of the oldest and most watched indices in the world. Through its operations, the ETF enables investors to gain exposure to the industrial sector and major corporations in the U.S. economy, making it a cornerstone for many investment strategies. The primary objective of SPDR Dow Jones Industrial Average ETF Trust is to offer an efficient way to invest in a broad spectrum of leading U.S. companies, aiming for growth and stability in investors' portfolios.
SPDR Dow Jones Industrial Average ETF Trust company media
Company Snapshot

Is SPDR Dow Jones Industrial Average ETF Trust a public or private company?

key
Ownership
Public

What sector is SPDR Dow Jones Industrial Average ETF Trust in?

pie chart
Sector
ETF

Where is the head office for SPDR Dow Jones Industrial Average ETF Trust?

location pin
Head Office
Boston, United States

What year was SPDR Dow Jones Industrial Average ETF Trust founded?

founded flag
Year Founded
1998
What does SPDR Dow Jones Industrial Average ETF Trust specialise in?
/Exchange Traded Fund /Investment Management /Stock Market /Asset Allocation /Diversified Portfolio /Investment Strategy

What are the products and/or services of SPDR Dow Jones Industrial Average ETF Trust?

Overview of SPDR Dow Jones Industrial Average ETF Trust offerings
Passive exposure to the Dow Jones Industrial Average: DIA holds all 30 stocks in the DJIA, providing immediate exposure to these leading US companies across various industries.
Diversification: By owning 30 different companies, DIA offers diversification across sectors and reduces risk compared to investing in individual stocks.
Low investment cost: DIA has a relatively low expense ratio, minimizing management fees compared to actively managed funds.
Transparency: The holdings of DIA are publicly available, allowing investors to understand the exact composition of their investment.
Liquidity and tradability: DIA is traded on major exchanges, offering high liquidity and ease of buying and selling shares.
Potential for long-term growth: By tracking the performance of the DJIA, DIA aims to capture the long-term growth potential of the US economy and these leading companies.