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Dow Jones Industrial Average ETFs |
The Dow Jones Industrial Average is a group of thirty "blue chip" stocks from industrial and service sectors of the US economy. Blue chip refers to the expensive chips at the casino - and the constituent stocks of the Dow Jones Industrials are typically large, established companies making enough earnings to pay dividends to shareholders.
Diamonds Trust (DIA) shares are the basic Dow ETF priced at 1/100th the Dow Jones Industrial Average. They are often referred to as the 'diamonds' and are very liquid in terms of exchange trading volume.
Ultra Dow 30 ProShares ETF (DDM) are leveraged to rise 2x the Dow Jones Industrial Average. Combined with typical margin account borrowing privileges of two to one, a trader can thereby lever his capital four-to-one buying DDM in a margin acconut.
UltraShort Dow 30 ProShares ETF (DXD) are leveraged 2x to the downside of the Dow Jones Industrial Average. Buying DXD in a margin account gives you four-to-one leverage. Trading this inverse Dow ETF is often easier than shorting the dow component stocks directly. Since you are not shorting anything, there are no prelocate issues, for example.
![[Most Recent DJIA from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_djia_en_2.gif)
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