Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the SPDR Dow Jones Industrial Average ETF (NYSE: DIA) has received a distressing two-star ranking.
With that in mind, let's take a closer look at DIA and see what CAPS investors are saying about the ETF right now.
DIA facts
|
Inception |
Jan. 1998 |
|
Total Net Assets |
$10.8 billion |
|
Investment Approach |
The investment seeks to replicate, net of expenses, the Dow Jones Industrial Average (DJIA). The DJIA is comprised of 30 blue-chip U.S. stocks. |
|
Expense Ratio |
0.17% |
|
1-Year/3-Year/5-Year Returns |
11.1%/13.3%/5.3% |
|
Dividend Yield |
2.4% |
|
Alternatives |
Vanguard Dividend Appreciation ETF (NYSE: VIG) Vanguard Mega Cap 300 Index ETF (NYSE: MGC) iShares S&P 100 Index (NYSE: OEF) |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 22% of the 329 members who have rated DIA believe the ETF will underperform the S&P 500 going forward.
Just last week, one of those Fools, MrRoell, succinctly summed up the bear case for our community:
The market has been in a bull market since [M]arch of 2009. Many seem to forget to think that and think a bull market is kicking off. These are the people that get burned. This has been the longest of the last 25 bull markets since 1929. The average cyclically adjust P/E ratio for the market is 16.5. Now it's 23.15.
As Warren Buffett once said, "[B]e greedy when others are fearful and fearful when others are greedy." The market looks mighty greedy right now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
