Benzinga
Published Oct 03, 2022 22:56
Updated Oct 03, 2022 23:40
The Short List Of Dow Jones Stocks That Are Actually Up This Year: Hint — It's Very Short
The stock market has had a rough going for the first nine months of the year in 2022. All the major indexes are down year-to-date, including the Dow Jones Industrial Average.
Here’s a look at the four stocks in the index that have posted positive gains in 2022.
What Happened: Created in 1896 by Charles Dow, the Dow Jones Industrial Average is one of the oldest and most followed equity indexes for overall stock market health. The Dow Jones Industrial Average consists of 30 stocks on a price-weighted basis.
Benzinga reported that in the first half of 2022, only eights of the 30 stocks in the index were positive on the year. That list has now been cut in half with only four of the Dow Jones Industrial Average stock components having a positive return year-to-date in 2022.
The stocks with positive returns through the first nine months are (returns do not include dividends):
The biggest declines year-to-date through the first three quarters in the index are:
Why It’s Important: Through the first nine months of 2022, the SPDR Dow Jones Industrial Average ETF Trust (ARCA:NYSE:DIA), which tracks the index, is down 21.3%. The ETF was down 15.5% through the first six months of the year, adding to the declines in the third quarter.
The Dow Jones ETF is down 13.5% over the last year and is up 10.1% over the last five years.
The SPDR S&P 500 Trust ETF (ARCA:SPY (NYSE:SPY)), which tracks the S&P 500 Index, was down 23.3% in the first nine months of 2022. The ETF is down 14.5% over the last year and up 41.8% over the last five years.
The first half of the year saw eight of the 30 Dow Jones components positive as some investors searched for value stocks and dividend yields. With only four stocks in the index positive through the first nine months, a clearer picture is painted that no stocks or sectors are safe during the current bear market.
Photo: FrankHH via Shutterstock
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.