Is Invesco Dow Jones Industrial Average Dividend ETF (DJD) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 12 2024
0mins
Source: NASDAQ.COM
Invesco Dow Jones Industrial Average Dividend ETF (DJD): Launched in December 2015, DJD offers exposure to high-yielding stocks in the Dow Jones Industrial Average with a low expense ratio of 0.07% and a 12-month trailing dividend yield of 2.44%. It has approximately $307.32 million in assets and focuses on the Industrials sector.
Performance and Comparison: DJD has shown an 11.20% return and is up about 20.31% year-to-date as of September 2024. While it provides concentrated exposure with 29 holdings, investors may also consider traditional market cap weighted ETFs like IShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF (SPY) for potentially lower costs and risks.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy DOW?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on DOW
Wall Street analysts forecast DOW stock price to fall
14 Analyst Rating
1 Buy
12 Hold
1 Sell
Hold
Current: 32.650
Low
22.00
Averages
27.83
High
32.00
Current: 32.650
Low
22.00
Averages
27.83
High
32.00
About DOW
Dow Inc. serves as a holding company for The Dow Chemical Company and its subsidiaries. The Company conducts its operations through six global businesses, which are organized into segments, such as Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure and Performance Materials & Coatings. Packaging & Specialty Plastics segment consists of two integrated global businesses: Hydrocarbons & Energy and Packaging and Specialty Plastics. This segment employs a polyolefin product portfolio. Industrial Intermediates & Infrastructure segment consists of two customer-centric global businesses: Industrial Solutions and Polyurethanes & Construction Chemicals that develop intermediate chemicals that are essential to manufacturing processes, as well as downstream, customized materials and formulations that use advanced development technologies. Performance Materials & Coatings segment consists of two global businesses: Coatings & Performance Monomers and Consumer Solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Exxon, Walmart, and 9 Other Stocks Thriving as Cash Reigns Supreme Again
- Shift in Investment Focus: Wall Street is increasingly concerned that artificial intelligence may threaten white-collar jobs, leading to a renewed interest in hard-hat and "real economy" stocks.
- Market Trends: The fear of AI's impact on employment is influencing investment strategies, making traditional industries more appealing to investors.
See More
Dow Chemical Declares $0.35 Dividend Per Share
- Dividend Declaration: Dow Chemical has declared a dividend of $0.35 per share, payable on March 13, 2026, to shareholders of record on February 27, 2026, marking the 458th consecutive dividend payment since 1912, which underscores the company's robust cash flow and commitment to shareholder returns.
- Market Position: As a leading materials science company, Dow serves high-growth markets such as packaging, infrastructure, mobility, and consumer applications, with approximately $40 billion in sales for 2025, reflecting its strong influence and market share across multiple industries.
- Global Operations: Dow operates manufacturing sites in 29 countries and employs around 34,600 people, which not only enhances the company's production capacity but also strengthens its competitive edge in international markets.
- Sustainability Commitment: Dow is committed to achieving carbon neutrality and is constructing an integrated ethylene cracker and derivatives facility in Alberta, demonstrating its strategic resolve in addressing climate change and promoting sustainable development.
See More
SPYD ETF 52-Week Price Analysis
- Price Range Analysis: The SPYD ETF has a 52-week low of $37.92 and a high of $48.38, with the latest trade at $48.26, indicating stability near its high point, which aids investors in assessing market performance.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides valuable insights for investors, helping to identify market trends and potential buy or sell opportunities.
- ETF Trading Mechanism: ETFs trade like stocks, with investors buying and selling 'units' that can be created or destroyed based on demand, impacting the ETF's liquidity and market performance.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing significant inflows (new units created) or outflows (old units destroyed), as these liquidity shifts can affect the performance of individual stocks held within the ETFs.
See More
Dow Stock Signals Golden Cross, Indicating Uptrend
- Golden Cross Signal: Dow stock has just printed a Golden Cross, with the 50-day moving average rising above the 200-day average, indicating that selling pressure is easing and a new uptrend is likely forming, reflecting strong market demand for the stock.
- Strong Technical Indicators: The current price is above the 20-, 50-, and 200-day averages, showcasing bull control, while the RSI hovers in the low 70s, signaling robust demand, and the MACD indicator is widening to the upside, further supporting the upward trend.
- Restructuring Plan Impact: Dow's launch of the “Transform to Outperform” initiative on January 29 involves cutting 4,500 jobs, targeting $2 billion in near-term EBITDA gains, and embedding AI across production and supply chains, aimed at navigating a tougher chemicals cycle.
- Investor Focus: If Dow can maintain above $30 and keep costs declining faster than demand, the Golden Cross could represent more than just a chart pattern; it may signal the market's anticipation of a turnaround and potential stock re-rating.
See More
Uber Acquires Getir's Delivery Portfolio in Turkey
- Uber's Strategic Acquisition: On February 9, Uber announced its acquisition of Getir's delivery portfolio in Turkey, which includes food, grocery, retail, and water delivery services, enhancing Uber's competitive edge and service offerings in the Turkish market.
- Oracle Rating Upgrade: DA Davidson analyst Gil Luria upgraded Oracle's rating from Neutral to Buy while maintaining a $180 price target, reflecting market confidence in Oracle's growth potential moving forward.
- Dow's Earnings Beat: Dow reported an adjusted loss of 34 cents per share for Q4 on January 29, surpassing Wall Street's projected loss of 46 cents, indicating the company's resilience amid challenging market conditions.
- Goldman's AI Collaboration: On February 6, Goldman Sachs announced its collaboration with AI startup Anthropic to develop AI agents for automating key banking functions, showcasing its forward-looking strategy in the fintech sector.
See More
AI-Exposed Stocks Face Challenges Amid Market Shift
- Market Sentiment Shift: As fears grow that artificial intelligence could disrupt demand rather than enhance it, software and AI-exposed stocks have faced significant sell-offs at the start of 2023, particularly in February, leading investors to reassess their risk exposure.
- Capital Flow Changes: Goldman Sachs equity strategist Ben Snider indicates that capital is rotating towards sectors perceived as insulated from AI disruption, marking a clear departure from last year's market strategies and reflecting diminished investor confidence in AI themes.
- Cyclical Industry Rally: Despite software stocks experiencing one of their worst weeks since the 2022 rate-hike panic, cyclical and consumer-linked industries have continued their recent rallies, indicating a growing preference for traditional sectors among investors.
- Strong Dow Jones Performance: Amid the decline in software stocks, the Dow Jones Industrial Average has rallied towards all-time highs, suggesting increased investor confidence in industries tied to physical assets and cyclical activity, further emphasizing the market's demand for safety from AI-driven productivity risks.
See More
Exxon, Walmart, and 9 Other Stocks Thriving as Cash Reigns Supreme Again
- Shift in Investment Focus: Wall Street is increasingly concerned that artificial intelligence may threaten white-collar jobs, leading to a renewed interest in hard-hat and "real economy" stocks.
- Market Trends: The fear of AI's impact on employment is influencing investment strategies, making traditional industries more appealing to investors.
See More
Dow Chemical Declares $0.35 Dividend Per Share
- Dividend Declaration: Dow Chemical has declared a dividend of $0.35 per share, payable on March 13, 2026, to shareholders of record on February 27, 2026, marking the 458th consecutive dividend payment since 1912, which underscores the company's robust cash flow and commitment to shareholder returns.
- Market Position: As a leading materials science company, Dow serves high-growth markets such as packaging, infrastructure, mobility, and consumer applications, with approximately $40 billion in sales for 2025, reflecting its strong influence and market share across multiple industries.
- Global Operations: Dow operates manufacturing sites in 29 countries and employs around 34,600 people, which not only enhances the company's production capacity but also strengthens its competitive edge in international markets.
- Sustainability Commitment: Dow is committed to achieving carbon neutrality and is constructing an integrated ethylene cracker and derivatives facility in Alberta, demonstrating its strategic resolve in addressing climate change and promoting sustainable development.
See More
SPYD ETF 52-Week Price Analysis
- Price Range Analysis: The SPYD ETF has a 52-week low of $37.92 and a high of $48.38, with the latest trade at $48.26, indicating stability near its high point, which aids investors in assessing market performance.
- Technical Analysis Tool: Comparing the current share price to the 200-day moving average provides valuable insights for investors, helping to identify market trends and potential buy or sell opportunities.
- ETF Trading Mechanism: ETFs trade like stocks, with investors buying and selling 'units' that can be created or destroyed based on demand, impacting the ETF's liquidity and market performance.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing significant inflows (new units created) or outflows (old units destroyed), as these liquidity shifts can affect the performance of individual stocks held within the ETFs.
See More
Dow Stock Signals Golden Cross, Indicating Uptrend
- Golden Cross Signal: Dow stock has just printed a Golden Cross, with the 50-day moving average rising above the 200-day average, indicating that selling pressure is easing and a new uptrend is likely forming, reflecting strong market demand for the stock.
- Strong Technical Indicators: The current price is above the 20-, 50-, and 200-day averages, showcasing bull control, while the RSI hovers in the low 70s, signaling robust demand, and the MACD indicator is widening to the upside, further supporting the upward trend.
- Restructuring Plan Impact: Dow's launch of the “Transform to Outperform” initiative on January 29 involves cutting 4,500 jobs, targeting $2 billion in near-term EBITDA gains, and embedding AI across production and supply chains, aimed at navigating a tougher chemicals cycle.
- Investor Focus: If Dow can maintain above $30 and keep costs declining faster than demand, the Golden Cross could represent more than just a chart pattern; it may signal the market's anticipation of a turnaround and potential stock re-rating.
See More
Uber Acquires Getir's Delivery Portfolio in Turkey
- Uber's Strategic Acquisition: On February 9, Uber announced its acquisition of Getir's delivery portfolio in Turkey, which includes food, grocery, retail, and water delivery services, enhancing Uber's competitive edge and service offerings in the Turkish market.
- Oracle Rating Upgrade: DA Davidson analyst Gil Luria upgraded Oracle's rating from Neutral to Buy while maintaining a $180 price target, reflecting market confidence in Oracle's growth potential moving forward.
- Dow's Earnings Beat: Dow reported an adjusted loss of 34 cents per share for Q4 on January 29, surpassing Wall Street's projected loss of 46 cents, indicating the company's resilience amid challenging market conditions.
- Goldman's AI Collaboration: On February 6, Goldman Sachs announced its collaboration with AI startup Anthropic to develop AI agents for automating key banking functions, showcasing its forward-looking strategy in the fintech sector.
See More
AI-Exposed Stocks Face Challenges Amid Market Shift
- Market Sentiment Shift: As fears grow that artificial intelligence could disrupt demand rather than enhance it, software and AI-exposed stocks have faced significant sell-offs at the start of 2023, particularly in February, leading investors to reassess their risk exposure.
- Capital Flow Changes: Goldman Sachs equity strategist Ben Snider indicates that capital is rotating towards sectors perceived as insulated from AI disruption, marking a clear departure from last year's market strategies and reflecting diminished investor confidence in AI themes.
- Cyclical Industry Rally: Despite software stocks experiencing one of their worst weeks since the 2022 rate-hike panic, cyclical and consumer-linked industries have continued their recent rallies, indicating a growing preference for traditional sectors among investors.
- Strong Dow Jones Performance: Amid the decline in software stocks, the Dow Jones Industrial Average has rallied towards all-time highs, suggesting increased investor confidence in industries tied to physical assets and cyclical activity, further emphasizing the market's demand for safety from AI-driven productivity risks.
See More
