History of Dow Jones
The Dow is the market index created by Wall Street Journal founder, and Dow Jones & Company co-founder, Charles Dow, who named the benchmark after himself and statistician Edward Jones. The benchmark is the second
oldest in the U.S., behind only the Dow Jones Transportation Index.
The Dow is a price-weighted benchmark, meaning that higher-priced stocks are given more weight than lower-priced counterparts. Moreover, because the index includes only 30 component stocks, it doesn’t always provide a good representation of overall market performance.
Sector Allocation
| Sector | Weigtage (%) |
| Financials | 19.90% |
| Industrials | 19.27% |
| Consumer Services | 16.68% |
| Technology | 14.15% |
| Health Care | 12.01% |
| Consumer Goods | 7.27% |
| Oil & Gas | 6.60% |
| Basic Materials | 2.62% |
| Telecommunications | 1.82% |
Top 10 Companies in Dow Jones Index
| Company | Ticker | Sector | Weigtage (%) |
| Goldman Sachs Group Inc | GS | Financial Services | 7.08% |
| 3M Co | MMM | Industrial Goods & Services | 5.92% |
| Boeing Co | BA | Industrial Goods & Services | 5.68% |
| Intl Business Machines Corp | IBM | Technology | 5.41% |
| Home Depot Inc | HD | Retail | 5.20% |
| McDonald’s Corp | MCD | Travel & Leisure | 4.64% |
| Unitedhealth Group Inc | UNH | Health Care | 4.62% |
| Travelers Cos Inc | TRV | Insurance | 4.44% |
| Apple Inc. | AAPL | Technology | 4.14% |
| Walt Disney Co | DIS | Consumer Services | 4.13% |