| SPDR Dow Jones Industrial Average ETF Trust is an open-end management investment company. The Fund seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks. As of Oct 31 2015, the Fund's total assets were $12,209,985,892 and the Fund's investment portfolio was valued at $12,194,187,342. We show 348 historical shares outstanding datapoints in our DIA shares outstanding history coverage, used to compute DIA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DIA market cap history over the course of time is important for investors
interested in comparing DIA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of DIA versus a peer is one thing; comparing
DIA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like DIA can fluctuate over the course of history.
With this page we aim to empower investors researching DIA by allowing them to research the DIA market cap history.