4 ms·

Do any index funds track it?

• phil21 2y ago
  Quite a few, pretty much every major ETF provider should have one. I recall Vanguard not, and a quick google seems to confirm that. I do wonder why? The one I know of off the top of my head is DIA.
  • staticman2 2y ago
    The dow is price weighted. Vanguard, being a sort of non profit, probably doesn't want people investing in an obviously horrible index that should have gone away decades ago.
    • Ekaros 2y ago
      They don't care about people investing in losing bets. But they care about wasting resources on running stuff that does not sell. And not having a plus followed by big number and percentage sign in column next to name is bad seller. In the end how funds are marketed and presented is important part to understand. Also it is better for them to sell actively managed fund with bigger number on it than index with negative one.
  • quickthrowman 2y ago
    > I recall Vanguard not, and a quick google seems to confirm that. I do wonder why? It’s a crappy price weighted benchmark with 30 stocks invented over 100 years ago, that’s why Vanguard doesn’t offer a fund. The largest DJIA ETF is small potatoes, SPY’s average daily volume is higher than DIA’s total assets under management. VOO tracks the S&P 500 and VTI tracks the US total market, both of these are much better, more diversified options for equity investing.