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DIA - the DIAMONDS Trust, Series 1 ETF

By Mark Kennedy, About.com

Definition:

DIA, the DIAMONDS Trust, Series 1 ETF tracks the performance of the Dow Jones Industrial Average (DJIA) Index. The Trust for the ETF holds both the ETF portfolio as well as cash. The ETF is not actively managed, but in order to emulate the price of the securities in the DJIA, weight adjustments to the fund need to be made periodically.

The investing style for this ETF is Large / Value

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