Here are the fund's key facts (data is as of March 12, 2026):
- Average annual fund growth since inception (1998): 9.04%
- Average annual growth of the Dow since fund inception: 9.19%
- Gross expense ratio: 0.16%
- Number of holdings: 30
- Weighting methodology: Price-weighted
- Issuer: State Street Global Advisors Trust Company
Although other exchange-traded funds (ETFs) use the Dow in some form, this SPDR ETF is the only pure Dow tracker. The ETF holds all 30 Dow stocks in the same proportion as the index. When the Dow rises, the fund should follow, with only a slight lag related to fund expenses.
You can see this in the performance numbers. Since 1998, the fund has slightly underperformed the index. This difference is called "tracking error." In well-managed funds, the largest component of tracking error should be the fund's expense ratio.