Dow Jones Utility Average - DJUA

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DEFINITION of 'Dow Jones Utility Average - DJUA'

The Dow Jones Utility Average is a price-weighted average of 15 utility stocks traded in the United States. The DJUA was started back in 1929.

BREAKING DOWN 'Dow Jones Utility Average - DJUA'

The utility average tends to decline when investors expect rising interest rates. Utilities tend to borrow a lot of money and, consequently, are more sensitive to changes in interest rates.

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RELATED FAQS
  1. Is the Dow Jones a public company?

    The Dow Jones Industrial Average tracks publicly owned corporations, but it is not a public company itself. The DJIA, usually ... Read Full Answer >>
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    A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
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    Shares outstanding and floating stock are different measures of the shares of a particular stock. Shares outstanding is the ... Read Full Answer >>
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    The only meaningful difference between market-risk premium and equity-risk premium is scope. Both terms refer to the same ... Read Full Answer >>
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    QQQ, previously QQQQ, is unlike indexes because it is an exchange-traded fund (ETF) that tracks the Nasdaq 100 Index. The ... Read Full Answer >>
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