Dow Jones Utility Average
| Company type | Stock market index |
|---|---|
| Industry | Utilities |
| Founded | 1929 |
| Headquarters | United States |
Area served | United States |
| Parent | S&P Dow Jones Indices |
The Dow Jones Utility Average (DJUA, commonly referred to as the "Dow Jones Utilities") is a stock index maintained by S&P Dow Jones Indices that monitors the performance of 15 major utility firms listed in the United States.
This index is calculated as a price-weighted average. While the majority of its constituents are traded on the New York Stock Exchange, three companies—American Electric Power, Exelon, and Xcel Energy—are listed on the Nasdaq exchange.
Components
As of , the Dow Jones Utilities comprises the following entities (company name followed by their respective ticker symbol):
| Company | Ticker | Sector |
|---|---|---|
| American Electric Power | AEP | electric utilities |
| American Water Works | AWK | water utilities |
| Atmos Energy | ATO | gas utilities |
| Consolidated Edison | ED | electric utilities |
| Dominion Energy | D | electric utilities |
| Duke Energy | DUK | electric utilities |
| Edison International | EIX | electric utilities |
| Exelon | EXC | diversified utilities |
| FirstEnergy | FE | electric utilities |
| NextEra Energy | NEE | electric utilities |
| Public Service Enterprise Group | PEG | diversified utilities |
| Sempra | SRE | multi-utilities |
| Southern Company | SO | electric utilities |
| Vistra Corp. | VST | independent power producer |
| Xcel Energy | XEL | electric utilities |
Former components
The DJUA has periodically revised its composition to align with evolving market conditions since 2014:
- On October 1, 2014, American Water Works took the place of Williams Companies. - On January 18, 2019, Sempra Energy succeeded PG&E Corporation. - On October 27, 2020, Atmos Energy and Xcel Energy were added, replacing CenterPoint Energy and NiSource. - On November 8, 2024, Vistra Corp. replaced AES Corporation.
History
This index was established in 1929 following the removal of all utility-related stocks from the Dow Jones Industrial Average.
On April 20, 1965, the DJUA concluded trading at 163.32 points. Later, on September 13, 1974, it closed at a level of 57.93.
Annual returns
Presented below are the year-end price returns for the Dow Jones Utility Average, with data extending back to 1928.
| Year | Closing value | Point change | Percentage change |
|---|---|---|---|
| 1928 | 85.64 | ||
| 1929 | 88.27 | 2.63 | 3.07 |
| 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 | 29.55 | 11.75 | 66.01 |
| 1936 | 34.83 | 5.28 | 17.87 |
| 1937 | 20.35 | −14.48 | −41.57 |
| 1938 | 22.73 | 2.38 | 11.70 |
| 1939 | 25.32 | 2.59 | 11.39 |
| 1940 | 19.85 | −5.47 | −21.60 |
| 1941 | 14.02 | −5.83 | −29.37 |
| 1942 | 14.54 | 0.52 | 3.71 |
| 1943 | 21.87 | 7.33 | 50.41 |
| 1944 | 26.26 | 4.39 | 20.07 |
| 1945 | 38.13 | 11.87 | 45.20 |
| 1946 | 37.27 | −0.86 | −2.26 |
| 1947 | 33.40 | −3.87 | −10.38 |
| 1948 | 33.55 | 0.15 | 0.45 |
| 1949 | 41.31 | 7.76 | 23..13 |
| 1950 | 41..04 | −0..27 | −0..65 |
| 1951 | 47..22 | 6..18 | 15..06 |
| 1952 | 52..60 | 5..38 | 11..39 |
| 1953 | 52..04 | −0..56 | −1..06 |
| 1954 | 62..47 | 10..43 | 20..04 |
| 1955 | 64..16 | 1..69 | 2..71 |
| 1956 | 68..54 | 4..38 | 6..83 |
| 1957 | 68..58 | 0..04 | 0..06 |
| 1958 | 91..00 | 22..42 | 32..69 |
| 1959 | 87..83 | −3..17 | −3..48 |
| 1960 | 100..02 | 12..19 | 13..88 |
[The table continues with consistent formatting through to year 2024]
Record Highs
| Category | Peak Values | |
|---|---|---|
| Closing Level | 1,079.88 | Tuesday, November 26, 2024 |
| Intraday Peak | 1,086.52 | Wednesday, November 27, 2024 |
Investment Options
Although no fund mirrors this index precisely, investors can find comparable returns through products such as the Utilities Select Sector SPDR ().