SPDR Dow Jones Industrial Average ETF DIA has some flaws, but its focus on industry leaders and low fee should allow it to continue to deliver attractive performance relative to its peers. Under our new ratings framework, it warrants an upgrade to a Morningstar Analyst Rating of Bronze from Neutral.
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.