ETF Chart of the Day: Apple to the Dow

AAPL bulls would probably argue that the stock will not be the fifth largest holding in the index forever if the stock continues its meteoric rise (+15.58% YTD, +68.26% in trailing one year period, +307.87% in trailing five year period) but the concerns that existed previously about inserting a $400 or $500 stock into the DJIA and having the index zig and zag unduly at times perhaps due to AAPL’s “overweight” are not really a concern the
way things set up here at the moment. AAPL’s index inclusion into the DJIA will be finalized by the open of trading on Thursday, March 19.

SPDR Dow Jones Industrial Average ETF

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