SPDR Dow Jones Industrial Average ETF DIA boasts a high-quality portfolio of industry leaders, but its concentrated lineup and outdated share price-weighting scheme erode much of these advantages. These considerations warrant a Morningstar Analyst Rating of Bronze.
Will DIA outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DIA’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DIA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DIA’s parent organization’s priorities and whether they’re in line with investors’ interests.