Equity index futures
What is the E-mini Dow Jones (YM) and how does its price calculation map to the legacy industrial average?
By Easy Money Scanner · Educational reference · Not investment advice
The short answer
The E-mini Dow (YM) futures track the price-weighted Dow Jones Industrial Average, with contract value calculated as index price times $5.
How it works
Because the Dow is price-weighted, high-priced component stocks exert outsized influence on the YM contract's movement.
An example
A 100-point Dow move equals $500 per YM contract.
Risk & limitations
Price-weighting means YM can behave differently from cap-weighted index futures.
Examples are hypothetical, not trade recommendations. US contract and regulatory references do not automatically apply in Canada. Rules, margin requirements and broker policies can change; confirm them with the relevant authority and your broker.