The SPDR Dow Jones Industrial Average ETF Trust (DIA) and iShares Russell 2000 ETF (IWM) differ in market coverage and risk profile, with DIA focusing on 30 blue-chip stocks and IWM on 1,954 small-cap stocks. DIA has a lower expense ratio, higher dividend yield, and less volatility.

DIA tracks the Dow Jones Industrial Average with 30 blue-chip stocks, heavier in financials and technology. IWM holds 1,950 U.S. small-cap stocks, more diversified across sectors. DIA has a higher dividend yield and lower expense ratio, appealing to those seeking established names and lower volatility.

Comparing key metrics, DIA outperforms IWM in expense ratio, dividend yield, and total return over five years. DIA also has less volatility, with a -21% max drawdown compared to -32% for IWM. Investors may prefer DIA for its positive attributes, while IWM offers diversification and exposure to small and mid cap stocks.

Read more at Yahoo Finance: DIA Combines Higher Yield With Lower Cost, While IWM Offers Greater Diversification