Dow (DIA ETF): the last 12 months

The Dow (DIA) is up 14.9% over 1Y and 1.5% below its high; its 90-day change is −0.6%. It lagged in September's rates shock and gained 4.3% over the last month as money rotated away from AI platforms, which the Dow holds less of. Status quo for US equity: intact.

Status quo card: Dow (DIA ETF), intact.

Month by month

Computed in code. Change: the calendar-month change (z against its own monthly history). 90-day: the trailing 90-day change at the month-end. Rank: its place among that month's biggest moves. Causes: the surviving monthly causes acting on it (a force's loading on this asset times the month's fitted strength, in standard deviations). ETF holdings use current weights (an approximation).

Month	Change	90-day	Causes
November 2026 (month to date)	+3.1% (z 2.2)	−0.6%	Relief rally after the midterms: volatility fell and cyclicals and platforms rose (evidence +3.1%, z 2.2)
October 2026	+1.7% (z 0.1)	−1.0%	none of the surviving causes loads on it
September 2026	−4.1% (z -1.6)	−3.3%	none of the surviving causes loads on it
August 2026	+1.5% (z 0.1)	+3.8%	none of the surviving causes loads on it
July 2026	+0.4% (z -0.3)	+6.3%	Broad rotation from tech momentum into old-economy blue chips (drove: Dow (DIA) beat Nasdaq 100 (QQQ) by 7.0 pp, score 8.8)
June 2026	+2.5% (z 0.3)	+12.6%	none of the surviving causes loads on it
May 2026	+2.9% (z 0.5)	+4.7%	none of the surviving causes loads on it
April 2026	+7.3% (z 1.7)	+1.9%	none of the surviving causes loads on it
March 2026	−5.2% (z -1.9)	−3.3%	none of the surviving causes loads on it
February 2026	+0.2% (z -0.3)	+3.0%	none of the surviving causes loads on it
January 2026	+1.8% (z 0.2)	+3.2%	none of the surviving causes loads on it
December 2025	+0.9% (z -0.1)	+3.7%	none of the surviving causes loads on it
November 2025	+0.4% (z -0.2)	+5.1%	none of the surviving causes loads on it

What drove each month · All assets

Not investment advice. MarketMoves describes past market data and reported news for general information. Figures can be delayed or wrong; check the original source before relying on them.