Supporting data for analysis in Dow 20000 blog post. Explains difference in returns impact for price-weighted names in the Dow Jones Industrial average and market-capitalization names in the S&P 500 Index. Data is for illustrative purposes only to point out the potential differences in index performance driven by the "methods under the hood."

1. A B C D E F G H
Ticker
Close Price
previous day
Weight in Dow 30
(Price-weighted)
Weight in S&P
500 (Market Cap)
Weight in DJIA
company market cap-
weighted index
Inclusion in
Dow Effect
(Scaling out
impact of non-
DJIA names)
Multiplier vs DJIA
company market
cap-weighted
portfolio
Multiplier Effect
vs S&P 500
returns (Total
Multiplier Effect)
TRV 121.60 4.197% 0.180% 0.634% 3.52 6.62 23.31
GS 238.90 8.245% 0.469% 1.651% 3.52 5.00 17.58
BA 154.50 5.332% 0.457% 1.609% 3.52 3.31 11.66
CAT 92.58 3.195% 0.281% 0.990% 3.52 3.23 11.35
MMM 177.45 6.124% 0.544% 1.915% 3.52 3.20 11.26
UTX 108.52 3.745% 0.429% 1.510% 3.52 2.48 8.73
AXP 75.00 2.588% 0.298% 1.050% 3.52 2.47 8.68
MCD 123.24 4.253% 0.535% 1.883% 3.52 2.26 7.95
DD 74.86 2.584% 0.334% 1.174% 3.52 2.20 7.74
IBM 166.73 5.754% 0.748% 2.632% 3.52 2.19 7.69
UNH 163.95 5.658% 0.782% 2.753% 3.52 2.06 7.23
HD 135.11 4.663% 0.861% 3.030% 3.52 1.54 5.42
NKE 50.92 1.757% 0.354% 1.245% 3.52 1.41 4.97
DIS 103.91 3.586% 0.789% 2.777% 3.52 1.29 4.55
WMT 70.98 2.450% 0.553% 1.946% 3.52 1.26 4.43
CVX 118.08 4.075% 1.129% 3.974% 3.52 1.03 3.61
V 78.35 2.704% 0.767% 2.698% 3.52 1.00 3.53
PG 84.68 2.922% 1.157% 4.073% 3.52 0.72 2.53
JNJ 115.88 3.999% 1.624% 5.717% 3.52 0.70 2.46
MRK 62.44 2.155% 0.883% 3.107% 3.52 0.69 2.44
JPM 84.94 2.931% 1.590% 5.597% 3.52 0.52 1.84
KO 41.73 1.440% 0.825% 2.902% 3.52 0.50 1.75
VZ 52.27 1.804% 1.080% 3.801% 3.52 0.47 1.67
XOM 91.18 3.147% 1.927% 6.782% 3.52 0.46 1.63
INTC 36.31 1.253% 0.890% 3.132% 3.52 0.40 1.41
CSCO 30.58 1.055% 0.789% 2.775% 3.52 0.38 1.34
AAPL 115.97 4.002% 3.193% 11.238% 3.52 0.36 1.25
PFE 32.84 1.133% 1.016% 3.575% 3.52 0.32 1.12
MSFT 62.30 2.150% 2.496% 8.784% 3.52 0.24 0.86
GE 31.75 1.096% 1.434% 5.045% 3.52 0.22 0.76
Sum of prices 2897.55 28.413%
Dow Close Level 19843.41 of S&P 500 represented by DJIA constituents
Implied Divisor is 0.14602077