Dow Jones Utility Average

The Dow Jones Utility Average (DJUA, also known as the "Dow Jones Utilities") is a stock index from S&P Dow Jones Indices that tracks the performance of 15 prominent utility companies traded in the United States.[1]

Components

Dow Jones Utility Average 1928–2012

As of October 27, 2020, the current components on the Dow Jones Utilities are as follows (company name followed by ticker symbol):

DJUA component companies, showing ticker symbols and utility types
Company Ticker Type
The AES Corporation AES electric utilities
American Electric Power Co., Inc. AEP electric utilities
American Water Works Company, Inc. AWK water utilities
Atmos Energy Corporation ATO gas utilities
Consolidated Edison, Inc. ED electric utilities
Dominion Energy D electric utilities
Duke Energy Corp. DUK electric utilities
Edison International EIX electric utilities
Exelon Corp. EXC diversified utilities
FirstEnergy Corp. FE electric utilities
NextEra Energy Inc. NEE electric utilities
Public Service Enterprise Group, Inc. PEG diversified utilities
Sempra Energy SRE multi-utilities
The Southern Company SO electric utilities
Xcel Energy Inc. XEL electric utilities

Effective October 1, 2014, American Water Works replaced Williams Companies.[2]

Effective January 18, 2019, Sempra Energy replaced PG&E Corporation.[3]

Effective October 27, 2020, Atmos Energy and Xcel Energy replaced CenterPoint Energy and NiSource, respectively.[4]

The Dow Jones Utilities is a price-weighted average.

History

The index was created in 1929 when all utility stocks were removed from the Dow Jones Industrial Average.

On April 20, 1965, the index closed at 163.32. On September 13, 1974, the index closed at 57.93.

Annual returns

The following table shows the annual development of the Dow Jones Utility Average, which was calculated back to 1928.[5]

End-of-year closing values for DJUA, sortable
Year Closing value Change in points Change in percent
1928 85.64
1929 88.272.633.07
1930 60.80−27.47−31.12
1931 31.41−29.39−48.34
1932 27.71−3.70−11.78
1933 23.09−4.62−16.67
1934 17.80−5.29−22.91
1935 29.5511.7566.01
1936 34.835.2817.87
1937 20.35−14.48−41.57
1938 22.732.3811.70
1939 25.322.5911.39
1940 19.85−5.47−21.60
1941 14.02−5.83−29.37
1942 14.540.523.71
1943 21.877.335.04
1944 26.264.3920.07
1945 38.1311.8745.20
1946 37.27−0.86−2.26
1947 33.40−3.87−10.38
1948 33.550.150.45
1949 41.317.7623.13
1950 41.04−0.27−0.65
1951 47.226.1815.06
1952 52.605.3811.39
1953 52.04−0.56−1.06
1954 62.4710.4320.04
1955 64.161.692.71
1956 68.544.386.83
1957 68.580.040.06
1958 91.0022.4232.69
1959 87.83−3.17−3.48
1960 100.0212.1913.88
1961 129.1629.1429.13
1962 129.230.070.05
1963 138.999.767.55
1964 155.1716.1811.64
1965 152.63−2.54−1.64
1966 136.18−16.45−10.78
1967 127.91−8.27−6.07
1968 137.179.267.24
1969 110.08−27.09−19.75
1970 121.8411.7610.68
1971 117.75−4.09−3.36
1972 119.501.751.49
1973 89.37−30.13−25.21
1974 68.76−20.61−23.06
1975 83.6514.8921.66
1976 108.3824.7329.56
1977 111.282.902.68
1978 98.24−13.04−11.72
1979 106.608.368.51
1980 114.427.827.34
1981 109.02−5.40−4.72
1982 119.4610.449.58
1983 131.8412.3810.36
1984 149.5217.6813.41
1985 174.8125.2916.91
1986 206.0131.2017.85
1987 175.08−30.93−15.01
1988 186.2811.206.40
1989 235.0448.7626.18
1990 209.70−25.34−10.78
1991 226.1516.457.84
1992 221.02−5.13−2.27
1993 229.308.283.75
1994 181.52−47.78−20.84
1995 225.4043.8824.17
1996 232.537.133.16
1997 273.0740.5417.43
1998 312.3039.2314.37
1999 283.36−28.94−9.27
2000 412.16128.8045.45
2001 293.94−118.22−28.68
2002 215.18−78.76−26.79
2003 266.9051.7224.04
2004 334.9568.0525.50
2005 405.1170.1620.95
2006 456.7751.6612.75
2007 532.5375.7616.59
2008 370.76−161.77−30.38
2009 398.0127.257.35
2010 404.996.981.75
2011 464.6859.6914.74
2012 453.09−11.59−2.49
2013 490.57 37.48 8.27
2014 618.08 127.51 25.99
2015 577.82 −40.26 −6.51
2016 659.61 81.79 14.15
2017 723.37 63.76 9.67
2018 712.93 −10.44 −1.44
2019 879.17 166.24 23.32
2020 864.64 −14.53 −1.65

Record values

Category All-time highs
Closing 960.89 Tuesday, February 18, 2020
Intraday 963.80 Tuesday, February 18, 2020

Investing

There is no fund that tracks this index. There are funds that have very similar behavior, such as Utilities Select Sector SPDR (NYSE Arca: XLU).

See also

References

  1. Dow Jones Averages | Dow Jones Utility Average | Overview
  2. "Avis Budget Group Set to Join the Dow Jones Transportation Average and American Water Works to Join the Dow Jones Utility Average" (PDF). www.spice-indices.com. September 23, 2014. Retrieved August 14, 2017.
  3. "Sempra Energy Set to Join Dow Jones Utility Average" (PDF). S&P Dow Jones Indices. January 15, 2019. Retrieved May 6, 2019.
  4. "Atmos Energy and Xcel Energy Set to Join the Dow Jones Utility Average" (PDF). S&P Dow Jones Indices. October 20, 2020. Retrieved October 21, 2020.
  5. "Dow Jones Utility Average (^DJU) Historical Data - Yahoo Finance". finance.yahoo.com. Retrieved 2020-02-05.


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