Re: Index fund for DJI

"Elle" <> wrote

> The Dow Jones Industrial Average is not a capitalization weighted index,
> and this complicates creating a mutual fund using it. Google for more
> info; that's just a sound bite.
>
> DIA is an exchange traded fund that tracks the DJIA.
>
> I'd be considering something like VTSMX or VTI, both of which happen to
> track the DJIA pretty well.

It looks like VTI and VTSMX track each other pretty well, but not the DJIA.
Wash those glasses. DIA tracks the DJIA.

DJIA total returns 1/3/5
6.00%/13.00%/2.10%
VTSMX:
12.71%/18.49%/1.90%

You think these are close? I think it's just more misinformation from Elle.

Re: Index fund for DJI

Ed <> wrote:
> It looks like VTI and VTSMX track each other pretty well, but not the DJIA.
> Wash those glasses. DIA tracks the DJIA.
> DJIA total returns 1/3/5
> 6.00%/13.00%/2.10%
> VTSMX:
> 12.71%/18.49%/1.90%
> You think these are close? I think it's just more misinformation from Elle.

Ed,

You should move to Elle's town and become a financial planner and put her out
of business for good ;-)

Re: Index fund for DJI

"Sanjay" <> wrote in message
news:ReHNf.81$
> Ed <> wrote:
>> It looks like VTI and VTSMX track each other pretty well, but not the
>> DJIA.
>> Wash those glasses. DIA tracks the DJIA.
>> DJIA total returns 1/3/5
>> 6.00%/13.00%/2.10%
>> VTSMX:
>> 12.71%/18.49%/1.90%
>> You think these are close? I think it's just more misinformation from
>> Elle.
>
> Ed,
>
> You should move to Elle's town and become a financial planner and put her
> out
> of business for good ;-)

She is awful. Wherever her home town is it isn't far enough away for me.