Share on :

Asset Summary

Daily Performance Report for DIA ETF: Dec 9, 2024

Summary: The day started with DIA ETF opening at $447.09 and closing at $444.89. The ETF showed weakness throughout the day, with the highest price observed at $448.28 and the lowest at $444.8. The underlying asset had a trading range of $3.48 Overall, it was a negative trading day for DIA ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-2.20 or -0.49% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for DIA ETF was 1,816,541 units during Dec 9, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $447.09.

Highest Price: The highest price observed during the day was $448.28.

Lowest Price: The lowest price observed during the day was $444.8.

Closing Price: The day ended at $444.89.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Maximize Your DIA Trading Now

Transform your approach to trading with RankMyTrade Platform. Our automated system offers detailed metrics and technical analysis for DIA, tailored to enhance your trading performance. Transform your trading strategy now and elevate your strategy today!

Take Action Now

Frequently Asked Questions

Historically, DIA has shown performance that closely mirrors the Dow Jones Industrial Average. Long-term performance trends reflect the movements of the DJIA, though investors should review historical data to understand performance over different periods.

As of the latest update, DIA has an expense ratio of approximately 0.16%. This fee is deducted from the fund’s assets and covers the cost of managing the ETF.

Similar ETFs to DIA include the SPDR S&P 500 ETF Trust (SPY), which tracks the S&P 500 Index, and the iShares Dow Jones U.S. ETF (IYY), which offers exposure to a broader range of U.S. stocks. These ETFs provide different exposures to the U.S. stock market.

DIA is rebalanced periodically to ensure it accurately reflects the Dow Jones Industrial Average. This includes adjustments to the ETF’s holdings based on changes in the index.

DIA is managed by State Street Global Advisors. The fund seeks to replicate the performance of the Dow Jones Industrial Average by holding the same 30 stocks in the same proportions as the index. Management involves periodic rebalancing to ensure the ETF remains in line with the index.

Investors can buy shares of DIA through a brokerage account, just like other stocks and ETFs. It is traded on the New York Stock Exchange (NYSE) under the ticker symbol "DIA."

DIA typically distributes dividends on a quarterly basis. These dividends are paid from the income generated by the underlying stocks in the ETF’s portfolio.

Key performance metrics for DIA include its net asset value (NAV), expense ratio, total return, and tracking error. NAV represents the per-share value of the ETF, the expense ratio indicates the cost of managing the fund, total return measures overall performance including dividends, and tracking error shows how closely DIA follows the DJIA.

Dividends paid by the underlying stocks in DIA are collected and distributed to ETF shareholders. Investors can choose to receive dividends in cash or reinvest them to purchase additional shares of DIA.

DIA is designed to closely track the performance of the Dow Jones Industrial Average. Therefore, its performance should be very similar to that of the DJIA, with minor discrepancies due to tracking error and management fees.

Unlock Your DIA Trading Now

Transform your approach to trading with RankMyTrade. Our automated system offers detailed metrics and technical analysis for DIA, tailored to enhance your trading performance. Start optimizing your trades today and elevate your strategy today!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs