What is a Dia diamonds ETF?

The DIA DIAMONDS ETF is an informal name for the SPDR Dow Jones Industrial Average ETF Trust. An exchange-traded fund (ETF) is an investment that's comprised of other investments; it's like a mutual fund, but ETFs are traded on an exchange.

What are the advantages and disadvantages of the Dia Dia ETF?

Advantages of the DIA ETF include tax benefits, while disadvantages include the possibility for tracking error. The DIA DIAMONDS Trust, Series 1 ETF follows the price and performance of the Dow Jones Industrial Average (DJIA) Index. An exchange-traded fund (ETF) is an investment that's comprised of other investments, like stocks.

Can you buy stock in the DJIA ETF?

You could buy stock in the individual companies included in the DJIA, but there's an easier way. The DIA ETF follows the price and performance of the Dow Jones Industrial Average Index (DJIA), an index of 30 blue-chip companies. The DIA DIAMONDS ETF is an informal name for the SPDR Dow Jones Industrial Average ETF Trust.