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State Street SPDR Dow Jones Industrial Average ETF Trust
DIA (State Street SPDR Dow Jones Industrial Average ETF Trust) is an index Industrials Equity ETF by State. With a 0.16% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 1.52% yield.
DIA by State is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.16% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).