This is a plain vanilla ETF. There is nothing fancy about it; it simply tracks the performance of the Dow Jones Industrial Average, net of expenses. Basically, you’re investing in a portfolio of the top 30 industrial stocks in the U.S. Although all the components of the Dow are here, they are not equally weighted. Goldman Sachs is the largest holding at 8.34% followed by Microsoft (6.5%), and UnitedHealth Group (6.03%).
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SPDR Dow Jones Industrial Average ETF (NYSE: DIA)
A passive ETF that mirrors the performance of the Dow Jones.