Boeing is also a large component in the Dow Jones Industrial Average. The SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA), which has a 5.5% allocation to BA, was down 0.7% Wednesday.

Industrials were the top-performing Dow sector last year with Boeing contributing almost 444.5 points to the blue chip index’s ascent.  The Dow is a price-weighted index and Boeing is currently DIA’s fourth-largest holding, just ahead of Caterpillar (NYSE: CAT). [Dow Jones Industrial Average Year in Review]

iShares U.S. Aerospace & Defense ETF

For more information on the aerospace industry, visit our aerospace & defense category.