What is ETF DIA?

Is DIA ETF a good investment?

The Bottom Line. Whether the SPY is better than the DIA depends on the investor’s investment objectives. If an investor is looking for a fund that’s more heavily weighted in industrial companies, the DIA is a good choice.

What companies are in DIA ETF?

Top 10 Holdings

Goldman Sachs Group Inc. Microsoft Corp. Home Depot Inc. McDonald’s Corp.

Does DIA pay monthly dividends?

DIA has a dividend yield of 1.74% and paid $5.89 per share in the past year. The dividend is paid every month and the last ex-dividend date was Apr 14, 2022.

Which is better DIA or VOO?

DIA has a 0.16% expense ratio, which is higher than VOO’s 0.03% expense ratio. Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which one is better suits your portfolio: DIA or VOO.

What stocks are part of DIA?

DIA Top 10 Holdings [View All]

  • UnitedHealth Group Incorporated10.23%
  • Goldman Sachs Group, Inc.
  • Home Depot, Inc.
  • Microsoft Corporation5.36%
  • McDonald’s Corporation4.79%
  • Amgen Inc.
  • Caterpillar Inc.
  • Visa Inc. Class A4.08%

How is DIA weighted?

The Dow Jones is a price-weighted index, meaning its value is derived from the price per share for each stock divided by a common divisor. The Dow was created by Charles Dow to reflect a simple way of showing the average price of stocks in the marketplace.

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How many stocks are in the DIA ETF?

About this Benchmark

The Dow Jones® Industrial AverageSM (DJIA) is composed of thirty (30) “blue-chip” U.S. stocks. At 100-plus years, it is the oldest continuing U.S. market index.

Which ETF has the highest dividend?

7 of the best high-dividend ETFs:

  • Vanguard High Dividend ETF (VYM)
  • Vanguard Dividend Appreciation ETF (VIG)
  • Schwab U.S. Dividend ETF (SCHD)
  • SPDR S&P Dividend ETF (SDY)
  • SPDR S&P 500 High Dividend ETF (SPYD)
  • iShares Core Dividend Growth ETF (DGRO)
  • ProShares S&P 500 Dividend Aristocrats ETF (NOBL)

Does Dia pay qualified dividends?

All the dividends paid by the DIA in 2008 are qualified. Remember that ETFs are simply passing along the dividends they receive from the investments they own. And since the DIA and SPY own shares in mostly U.S. dividend paying companies, their dividends are mostly qualified.

Does DJI pay a dividend?

Understanding the Dow Jones Industrial Average (DJIA) Yield

Many of these stocks pay a dividend, typically quarterly, which is a portion of the company’s earnings distributed to shareholders.

Is SPY and VOO the same?

SPY and VOO are very similar investments because they track the same index. However, VOO is better because it has a lower expense ratio of only 0.03%. VOO can also be purchased commission-free through Vanguard, which is the brokerage I prefer to use.