The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by
MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure
consists of 11 sectors, 25 industry groups, 76 industries and 163 sub-industries into which S&P
has categorized all major public companies.
Code
Subindustry
Description
Industry
Industry Group
Sector
10101010
Oil & Gas Drilling
Drilling contractors or owners of drilling rigs that contract their services for drilling wells.
Energy Equipment & Services
Energy
Energy
10101020
Oil & Gas Equipment & Services
Manufacturers of equipment, including drilling rigs and equipment, and providers of supplies and services to companies involved in the drilling, evaluation and completion of oil and gas wells.
Energy Equipment & Services
Energy
Energy
10102010
Integrated Oil & Gas
Integrated oil companies engaged in the exploration & production of oil and gas, as well as at least one other significant activity in either refining, marketing and transportation, or chemicals.
Oil, Gas & Consumable Fuels
Energy
Energy
10102020
Oil & Gas Exploration & Production
Companies engaged in the exploration and production of oil and gas not classified elsewhere.
Oil, Gas & Consumable Fuels
Energy
Energy
10102030
Oil & Gas Refining & Marketing
Companies engaged in the refining and marketing of oil, gas and/or refined products not classified in the Integrated Oil & Gas or Independent Power Producers & Energy Traders Sub-Industries.
Oil, Gas & Consumable Fuels
Energy
Energy
10102040
Oil & Gas Storage & Transportation
Companies engaged in the storage and/or transportation of oil, gas and/or refined products. Includes diversified midstream natural gas companies, oil and refined product pipelines, coal slurry pipelines and oil & gas shipping companies.
Oil, Gas & Consumable Fuels
Energy
Energy
10102050
Coal & Consumable Fuels
Companies primarily involved in the production and mining of coal, related products and other consumable fuels related to the generation of energy. Excludes companies primarily producing gases classified in the Industrial Gases Sub-Industry and companies primarily mining for metallurgical (coking) coal used for steel production.
Oil, Gas & Consumable Fuels
Energy
Energy
15101010
Commodity Chemicals
Companies that primarily produce industrial chemicals and basic chemicals. Including but not limited to plastics, synthetic fibers, films, commodity-based paints & pigments, explosives and petrochemicals. Excludes chemical companies classified in the Diversified Chemicals, Fertilizers & Agricultural Chemicals, Industrial Gases, or Specialty Chemicals Sub-Industries.
Chemicals
Materials
Materials
15101020
Diversified Chemicals
Manufacturers of a diversified range of chemical products not classified in the Industrial Gases, Commodity Chemicals, Specialty Chemicals or Fertilizers & Agricultural Chemicals Sub-Industries.
Chemicals
Materials
Materials
15101030
Fertilizers & Agricultural Chemicals
Producers of fertilizers, pesticides, potash or other agriculture-related chemicals not classified elsewhere.
Chemicals
Materials
Materials
15101040
Industrial Gases
Manufacturers of industrial gases.
Chemicals
Materials
Materials
15101050
Specialty Chemicals
Companies that primarily produce high value-added chemicals used in the manufacture of a wide variety of products, including but not limited to fine chemicals, additives, advanced polymers, adhesives, sealants and specialty paints, pigments and coatings.
Chemicals
Materials
Materials
15102010
Construction Materials
Manufacturers of construction materials including sand, clay, gypsum, lime, aggregates, cement, concrete and bricks. Other finished or semi-finished building materials are classified in the Building Products Sub-Industry.
Construction Materials
Materials
Materials
15103010
Metal, Glass & Plastic Containers
Manufacturers of metal, glass or plastic containers. Includes corks and caps.
Containers & Packaging
Materials
Materials
15103020
Paper & Plastic Packaging Products & Materials
Manufacturers of paper and cardboard containers and packaging.
Containers & Packaging
Materials
Materials
15104010
Aluminum
Producers of aluminum and related products, including companies that mine or process bauxite and companies that recycle aluminum to produce finished or semi-finished products. Excludes companies that primarily produce aluminum building materials classified in the Building Products Sub-Industry.
Metals & Mining
Materials
Materials
15104020
Diversified Metals & Mining
Companies engaged in the diversified production or extraction of metals and minerals not classified elsewhere. Including, but not limited to, nonferrous metal mining (except bauxite), salt and borate mining, phosphate rock mining, and diversified mining operations. Excludes iron ore mining, classified in the Steel Sub-Industry, bauxite mining, classified in the Aluminum Sub-Industry, and coal mining, classified in either the Steel or Coal & Consumable Fuels Sub-Industries.
Metals & Mining
Materials
Materials
15104025
Copper
Companies involved primarily in copper ore mining.
Metals & Mining
Materials
Materials
15104030
Gold
Producers of gold and related products, including companies that mine or process gold and the South African finance houses which primarily invest in, but do not operate, gold mines.
Metals & Mining
Materials
Materials
15104040
Precious Metals & Minerals
Companies mining precious metals and minerals not classified in the Gold Sub-Industry. Includes companies primarily mining platinum.
Metals & Mining
Materials
Materials
15104045
Silver
Companies primarily mining silver. Excludes companies classified in the Gold or Precious Metals & Minerals Sub-Industries.
Metals & Mining
Materials
Materials
15104050
Steel
Producers of iron and steel and related products, including metallurgical (coking) coal mining used for steel production.
Metals & Mining
Materials
Materials
15105010
Forest Products
Manufacturers of timber and related wood products. Includes lumber for the building industry.
Paper & Forest Products
Materials
Materials
15105020
Paper Products
Manufacturers of all grades of paper. Excludes companies specializing in paper packaging classified in the Paper & Plastic Packaging Products & Materials Sub-Industry.
Paper & Forest Products
Materials
Materials
20101010
Aerospace & Defense
Manufacturers of civil or military aerospace and defense equipment, parts or products. Includes defense electronics and space equipment.
Aerospace & Defense
Capital Goods
Industrials
20102010
Building Products
Manufacturers of building components and home improvement products and equipment. Excludes lumber and plywood classified under Forest Products and cement and other materials classified in the Construction Materials Sub-Industry.
Building Products
Capital Goods
Industrials
20103010
Construction & Engineering
Companies engaged in primarily non-residential construction. Includes civil engineering companies and large-scale contractors. Excludes companies classified in the Homebuilding Sub-Industry.
Construction & Engineering
Capital Goods
Industrials
20104010
Electrical Components & Equipment
Companies that produce electric cables and wires, electrical components or equipment not classified in the Heavy Electrical Equipment Sub-Industry.
Electrical Equipment
Capital Goods
Industrials
20104020
Heavy Electrical Equipment
Manufacturers of power-generating equipment and other heavy electrical equipment, including power turbines, heavy electrical machinery intended for fixed-use and large electrical systems. Excludes cables and wires, classified in the Electrical Components & Equipment Sub-Industry.
Electrical Equipment
Capital Goods
Industrials
20105010
Industrial Conglomerates
Diversified industrial companies with business activities in three or more sectors, none of which contributes a majority of revenues. Stakes held are predominantly of a controlling nature and stake holders maintain an operational interest in the running of the subsidiaries.
Industrial Conglomerates
Capital Goods
Industrials
20106010
Construction Machinery & Heavy Transportation Equipment
Manufacturers of heavy duty trucks, rolling machinery, earth-moving and construction equipment, and manufacturers of related parts. Includes non-military shipbuilding.
Machinery
Capital Goods
Industrials
20106015
Agricultural & Farm Machinery
Companies manufacturing agricultural machinery, farm machinery, and their related parts. Includes machinery used for the production of crops and agricultural livestock, agricultural tractors, planting and fertilizing machinery, fertilizer and chemical application equipment, and grain dryers and blowers.
Machinery
Capital Goods
Industrials
20106020
Industrial Machinery & Supplies & Components
Manufacturers of industrial machinery and industrial components. Includes companies that manufacture presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings and other metal fabrications.
Machinery
Capital Goods
Industrials
20107010
Trading Companies & Distributors
Trading companies and other distributors of industrial equipment and products.
Trading Companies & Distributors
Capital Goods
Industrials
20201010
Commercial Printing
Companies providing commercial printing services. Includes printers primarily serving the media industry.
Commercial Services & Supplies
Commercial & Professional Services
Industrials
20201050
Environmental & Facilities Services
Companies providing environmental and facilities maintenance services. Includes waste management, facilities management and pollution control services. Excludes large-scale water treatment systems classified in the Water Utilities Sub-Industry.
Commercial Services & Supplies
Commercial & Professional Services
Industrials
20201060
Office Services & Supplies
Providers of office services and manufacturers of office supplies and equipment not classified elsewhere.
Commercial Services & Supplies
Commercial & Professional Services
Industrials
20201070
Diversified Support Services
Companies primarily providing labor oriented support services to businesses and governments. Includes commercial cleaning services, dining & catering services, equipment repair services, industrial maintenance services, industrial auctioneers, storage & warehousing, transaction services, uniform rental services, and other business support services.
Commercial Services & Supplies
Commercial & Professional Services
Industrials
20201080
Security & Alarm Services
Companies providing security and protection services to business and governments. Includes companies providing services such as correctional facilities, security & alarm services, armored transportation & guarding. Excludes companies providing security software classified under the Systems Software Sub-Industry and home security services classified under the Specialized Consumer Services Sub-Industry. Also excludes companies manufacturing security system equipment classified under the Electronic Equipment & Instruments Sub-Industry.
Commercial Services & Supplies
Commercial & Professional Services
Industrials
20202010
Human Resource & Employment Services
Companies providing business support services relating to human capital management. This Sub-Industry includes employment agencies, employee training, payroll processing, benefit & retirement support services, corporate & job seeker recruitment services, and online job portals generating revenue from fees or commissions for offering recruitment services to companies or job seekers.
Professional Services
Commercial & Professional Services
Industrials
20202020
Research & Consulting Services
Companies primarily providing research and consulting services to businesses and governments not classified elsewhere. Includes companies involved in management consulting services, architectural design, business information or scientific research, marketing, and testing & certification services. Excludes companies providing information technology consulting services classified in the IT Consulting & Other Services Sub-Industry.
Professional Services
Commercial & Professional Services
Industrials
20202030
Data Processing & Outsourced Services
Providers of commercial data processing and/or business process outsourcing services. This Sub-Industry includes companies providing services for customer experience management, back-office automation, call center management, and investor communications.
Professional Services
Commercial & Professional Services
Industrials
20301010
Air Freight & Logistics
Companies providing air freight transportation, courier and logistics services, including package and mail delivery and customs agents. Excludes those companies classified in the Passenger Airlines, Marine Transportation, Cargo Ground Transportation and Passenger Ground Transportation Sub-Industries.
Air Freight & Logistics
Transportation
Industrials
20302010
Passenger Airlines
Companies providing primarily passenger air transportation.
Passenger Airlines
Transportation
Industrials
20303010
Marine Transportation
Companies providing goods or passenger maritime transportation. Excludes cruise-ships classified in the Hotels, Resorts & Cruise Lines Sub-Industry.
Marine Transportation
Transportation
Industrials
20304010
Rail Transportation
Companies providing primarily goods and passenger rail transportation.
Ground Transportation
Transportation
Industrials
20304030
Cargo Ground Transportation
Companies providing ground transportation services for goods and freight.
Ground Transportation
Transportation
Industrials
20304040
Passenger Ground Transportation
Companies providing passenger ground transportation and related services, including bus, taxi, vehicle rental, ride sharing and on-demand ride sharing platforms, and other passenger logistics.
Ground Transportation
Transportation
Industrials
20305010
Airport Services
Operators of airports and companies providing related services.
Transportation Infrastructure
Transportation
Industrials
20305020
Highways & Railtracks
Owners and operators of roads, tunnels and railtracks.
Transportation Infrastructure
Transportation
Industrials
20305030
Marine Ports & Services
Owners and operators of marine ports and related services.
Transportation Infrastructure
Transportation
Industrials
25101010
Automotive Parts & Equipment
Manufacturers of parts and accessories for automobiles and motorcycles. Excludes companies classified in the Tires & Rubber Sub-Industry.
Automobile Components
Automobiles & Components
Consumer Discretionary
25101020
Tires & Rubber
Manufacturers of tires and rubber.
Automobile Components
Automobiles & Components
Consumer Discretionary
25102010
Automobile Manufacturers
Companies that produce mainly passenger automobiles and light trucks. Excludes companies producing mainly motorcycles and three-wheelers classified in the Motorcycle Manufacturers Sub-Industry and heavy duty trucks classified in the Construction Machinery & Heavy Transportation Equipment Sub-Industry.
Automobiles
Automobiles & Components
Consumer Discretionary
25102020
Motorcycle Manufacturers
Companies that produce motorcycles, scooters or three-wheelers. Excludes bicycles classified in the Leisure Products Sub-Industry.
Automobiles
Automobiles & Components
Consumer Discretionary
30202030
Packaged Foods & Meats
Producers of packaged foods including dairy products, fruit juices, meats, poultry, fish and pet foods.
Food Products
Food, Beverage & Tobacco
Consumer Staples
30203010
Tobacco
Manufacturers of cigarettes and other tobacco products.
Tobacco
Food, Beverage & Tobacco
Consumer Staples
25201010
Consumer Electronics
Manufacturers of consumer electronics products including TVs, home audio equipment, game consoles, digital cameras, and related products. Excludes personal home computer manufacturers classified in the Technology Hardware, Storage & Peripherals Sub-Industry, and electric household appliances classified in the Household Appliances Sub-Industry.
Household Durables
Consumer Durables & Apparel
Consumer Discretionary
25201020
Home Furnishings
Manufacturers of soft home furnishings or furniture, including upholstery, carpets and wall-coverings.
Household Durables
Consumer Durables & Apparel
Consumer Discretionary
25201030
Homebuilding
Residential construction companies. Includes manufacturers of prefabricated houses and semi-fixed manufactured homes.
Household Durables
Consumer Durables & Apparel
Consumer Discretionary
25201040
Household Appliances
Manufacturers of electric household appliances and related products. Includes manufacturers of power and hand tools, including garden improvement tools. Excludes TVs and other audio and video products classified in the Consumer Electronics Sub-Industry and personal computers classified in the Technology Hardware, Storage & Peripherals Sub-Industry.
Household Durables
Consumer Durables & Apparel
Consumer Discretionary
25201050
Housewares & Specialties
Manufacturers of durable household products, including cutlery, cookware, glassware, crystal, silverware, utensils, kitchenware and consumer specialties not classified elsewhere.
Household Durables
Consumer Durables & Apparel
Consumer Discretionary
25202010
Leisure Products
Manufacturers of leisure products and equipment including sports equipment, bicycles and toys.
Leisure Products
Consumer Durables & Apparel
Consumer Discretionary
25203010
Apparel, Accessories & Luxury Goods
Manufacturers of apparel, accessories & luxury goods. Includes companies primarily producing designer handbags, wallets, luggage, jewelry and watches. Excludes shoes classified in the Footwear Sub-Industry.
Textiles, Apparel & Luxury Goods
Consumer Durables & Apparel
Consumer Discretionary
25203020
Footwear
Manufacturers of footwear. Includes sport and leather shoes.
Textiles, Apparel & Luxury Goods
Consumer Durables & Apparel
Consumer Discretionary
25203030
Textiles
Manufacturers of textile and related products not classified in the Apparel, Accessories & Luxury Goods, Footwear or Home Furnishings Sub-Industries.
Textiles, Apparel & Luxury Goods
Consumer Durables & Apparel
Consumer Discretionary
25301010
Casinos & Gaming
Owners and operators of casinos and gaming facilities. Includes companies providing lottery and betting services.
Hotels, Restaurants & Leisure
Consumer Services
Consumer Discretionary
25301020
Hotels, Resorts & Cruise Lines
Owners and operators of hotels, resorts and cruise-ships. Includes travel agencies, tour operators and related services not classified elsewhere. Excludes casino-hotels classified in the Casinos & Gaming Sub-Industry.
Hotels, Restaurants & Leisure
Consumer Services
Consumer Discretionary
25301030
Leisure Facilities
Owners and operators of leisure facilities, including sport and fitness centers, stadiums, golf courses and amusement parks not classified in the Movies & Entertainment Sub-Industry.
Hotels, Restaurants & Leisure
Consumer Services
Consumer Discretionary
25301040
Restaurants
Owners and operators of restaurants, bars, pubs, fast-food or take-out facilities. Includes companies that provide food catering services.
Hotels, Restaurants & Leisure
Consumer Services
Consumer Discretionary
25302010
Education Services
Companies providing educational services, either on-line or through conventional teaching methods. Includes, private universities, correspondence teaching, providers of educational seminars, educational materials and technical education. Excludes companies providing employee education programs classified in the Human Resources & Employment Services Sub-Industry.
Diversified Consumer Services
Consumer Services
Consumer Discretionary
25302020
Specialized Consumer Services
Companies providing consumer services not classified elsewhere. Includes residential services, home security, legal services, personal services, renovation & interior design services, consumer auctions and wedding & funeral services.
Diversified Consumer Services
Consumer Services
Consumer Discretionary
25501010
Distributors
Distributors and wholesalers of general merchandise not classified elsewhere. Includes vehicle distributors.
Distributors
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25503030
Broadline Retail
Retailers offering a wide range of consumer discretionary merchandise. This Sub-Industry includes general and discount merchandise retailers, department stores and on-line retailers and marketplaces selling mostly consumer discretionary merchandise.
Broadline Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25504010
Apparel Retail
Retailers specialized mainly in apparel and accessories.
Specialty Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25504020
Computer & Electronics Retail
Owners and operators of consumer electronics, computers, video and related products retail stores.
Specialty Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25504030
Home Improvement Retail
Owners and operators of home and garden improvement retail stores. Includes stores offering building materials and supplies.
Specialty Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25504040
Other Specialty Retail
Owners and operators of specialty retail stores not classified elsewhere. Includes jewelry stores, toy stores, office supply stores, health & vision care stores, and book & entertainment stores.
Specialty Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25504050
Automotive Retail
Owners and operators of stores specializing in automotive retail. Includes auto dealers, gas stations, and retailers of auto accessories, motorcycles & parts, automotive glass, and automotive equipment & parts.
Specialty Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
25504060
Homefurnishing Retail
Owners and operators of furniture and home furnishings retail stores. Includes residential furniture, homefurnishings, housewares, and interior design. Excludes home and garden improvement stores, classified in the Home Improvement Retail Sub-Industry.
Specialty Retail
Consumer Discretionary Distribution & Retail
Consumer Discretionary
30101010
Drug Retail
Owners and operators of primarily drug retail stores and pharmacies.
Consumer Staples Distribution & Retail
Consumer Staples Distribution & Retail
Consumer Staples
30101020
Food Distributors
Distributors of food products to other companies and not directly to the consumer.
Consumer Staples Distribution & Retail
Consumer Staples Distribution & Retail
Consumer Staples
30101030
Food Retail
Owners and operators of primarily food retail stores.
Consumer Staples Distribution & Retail
Consumer Staples Distribution & Retail
Consumer Staples
30101040
Consumer Staples Merchandise Retail
Retailers offering a wide range of consumer staples merchandise such as food, household, and personal care products. This Sub-Industry includes hypermarkets, super centers and other consumer staples retailers such as discount retail spaces and on-line marketplaces selling mostly consumer staples goods.
Consumer Staples Distribution & Retail
Consumer Staples Distribution & Retail
Consumer Staples
30201010
Brewers
Producers of beer and malt liquors. Includes breweries not classified in the Restaurants Sub-Industry.
Beverages
Food, Beverage & Tobacco
Consumer Staples
30201020
Distillers & Vintners
Distillers, vintners and producers of alcoholic beverages not classified in the Brewers Sub-Industry.
Beverages
Food, Beverage & Tobacco
Consumer Staples
30201030
Soft Drinks & Non-alcoholic Beverages
Producers of non-alcoholic beverages including mineral waters. Excludes producers of milk classified in the Packaged Foods & Meats Sub-Industry.
Beverages
Food, Beverage & Tobacco
Consumer Staples
30202010
Agricultural Products & Services
Producers of agricultural products. Includes crop growers, owners of plantations and companies that produce and process foods but do not package and market them. Excludes companies classified in the Forest Products Sub-Industry and those that package and market the food products classified in the Packaged Foods & Meats Sub-Industry.
Food Products
Food, Beverage & Tobacco
Consumer Staples
30301010
Household Products
Producers of non-durable household products, including detergents, soaps, diapers and other tissue and household paper products not classified in the Paper Products Sub-Industry.
Household Products
Household & Personal Products
Consumer Staples
30302010
Personal Care Products
Manufacturers of personal and beauty care products, including cosmetics and perfumes.
Personal Care Products
Household & Personal Products
Consumer Staples
35101010
Health Care Equipment
Manufacturers of health care equipment and devices. Includes medical instruments, drug delivery systems, cardiovascular & orthopedic devices, and diagnostic equipment.
Health Care Equipment & Supplies
Health Care Equipment & Services
Health Care
35101020
Health Care Supplies
Manufacturers of health care supplies and medical products not classified elsewhere. Includes eye care products, hospital supplies, and safety needle & syringe devices.
Health Care Equipment & Supplies
Health Care Equipment & Services
Health Care
35102010
Health Care Distributors
Distributors and wholesalers of health care products not classified elsewhere.
Health Care Providers & Services
Health Care Equipment & Services
Health Care
35102015
Health Care Services
Providers of patient health care services not classified elsewhere. Includes dialysis centers, lab testing services, and pharmacy management services. Also includes companies providing business support services to health care providers, such as clerical support services, collection agency services, staffing services and outsourced sales & marketing services.
Health Care Providers & Services
Health Care Equipment & Services
Health Care
35102020
Health Care Facilities
Owners and operators of health care facilities, including hospitals, nursing homes, rehabilitation centers and animal hospitals.
Health Care Providers & Services
Health Care Equipment & Services
Health Care
35102030
Managed Health Care
Owners and operators of Health Maintenance Organizations (HMOs) and other managed plans.
Health Care Providers & Services
Health Care Equipment & Services
Health Care
35103010
Health Care Technology
Companies providing information technology services primarily to health care providers. Includes companies providing application, systems and/or data processing software, internet-based tools, and IT consulting services to doctors, hospitals or businesses operating primarily in the Health Care Sector.
Health Care Technology
Health Care Equipment & Services
Health Care
35201010
Biotechnology
Companies primarily engaged in the research, development, manufacturing and/or marketing of products based on genetic analysis and genetic engineering. Includes companies specializing in protein-based therapeutics to treat human diseases. Excludes companies manufacturing products using biotechnology but without a health care application.
Biotechnology
Pharmaceuticals, Biotechnology & Life Sciences
Health Care
35202010
Pharmaceuticals
Companies engaged in the research, development or production of pharmaceuticals. Includes veterinary drugs.
Pharmaceuticals
Pharmaceuticals, Biotechnology & Life Sciences
Health Care
35203010
Life Sciences Tools & Services
Companies enabling the drug discovery, development and production continuum by providing analytical tools, instruments, consumables & supplies, clinical trial services and contract research services. Includes firms primarily servicing the pharmaceutical and biotechnology industries.
Life Sciences Tools & Services
Pharmaceuticals, Biotechnology & Life Sciences
Health Care
40101010
Diversified Banks
Large, geographically diverse banks with a national footprint whose revenues are derived primarily from conventional banking operations, have significant business activity in retail banking and small and medium corporate lending, and provide a diverse range of financial services. Excludes banks classified in the Regional Banks and Commercial & Residential Mortgage Finance Sub-Industries. Also excludes investment banks classified in the Investment Banking & Brokerage Sub-Industry.
Banks
Banks
Financials
40101015
Regional Banks
Commercial banks, savings banks and thrifts whose business are derived primarily from conventional banking operations such as retail banking, corporate lending and originating various residential and commercial mortgage loans funded mainly through deposits. Regional banks tend to operate in limited geographic regions. Excludes companies classified in the Diversified Banks and Commercial & Residential Mortgage Finance Sub-Industries. Also excludes investment banks classified in the Investment Banking & Brokerage Sub-Industry.
Banks
Banks
Financials
40201020
Diversified Financial Services
Providers of a diverse range of financial services and/or with some interest in a wide range of financial services including banking, insurance and capital markets, but with no dominant business line. Excludes companies classified in the Regional Banks and Diversified Banks Sub-Industries.
Financial Services
Financial Services
Financials
40201030
Multi-Sector Holdings
A company with significantly diversified holdings across three or more sectors, none of which contributes a majority of profit and/or sales. Stakes held are predominantly of a non-controlling nature. Includes diversified financial companies where stakes held are of a controlling nature. Excludes other diversified companies classified in the Industrials Conglomerates Sub-Industry.
Financial Services
Financial Services
Financials
40201040
Specialized Finance
Providers of specialized financial services not classified elsewhere. Companies in this Sub-Industry derive a majority of revenue from one specialized line of business. Includes, but not limited to, commercial financing companies, central banks, leasing institutions, factoring services, and specialty boutiques. Excludes companies classified in the Financial Exchanges & Data Sub-Industry.
Financial Services
Financial Services
Financials
40201050
Commercial & Residential Mortgage Finance
Financial companies providing commercial and residential mortgage financing and related mortgage services. This Sub-Industry includes non-deposit funded mortgage lending institutions, building societies, companies providing real estate financing products, loan servicing, mortgage broker services, and mortgage insurance.
Financial Services
Financial Services
Financials
40201060
Transaction & Payment Processing Services
Providers of transaction & payment processing services and related payment services including digital/mobile payment processors, payment service providers & gateways, and digital wallet providers.
Financial Services
Financial Services
Financials
40202010
Consumer Finance
Providers of consumer finance services, including personal credit, credit cards, lease financing, travel-related money services and pawn shops. Excludes mortgage lenders classified in the Commercial & Residential Mortgage Finance Sub-Industry.
Consumer Finance
Financial Services
Financials
40203010
Asset Management & Custody Banks
Financial institutions primarily engaged in investment management and/or related custody and securities fee-based services. Includes companies operating mutual funds, closed-end funds and unit investment trusts. Excludes banks and other financial institutions primarily involved in commercial lending, investment banking, brokerage and other specialized financial activities.
Capital Markets
Financial Services
Financials
40203020
Investment Banking & Brokerage
Financial institutions primarily engaged in investment banking & brokerage services, including equity and debt underwriting, mergers and acquisitions, securities lending and advisory services. Excludes banks and other financial institutions primarily involved in commercial lending, asset management and specialized financial activities.
Capital Markets
Financial Services
Financials
40203030
Diversified Capital Markets
Financial institutions primarily engaged in diversified capital markets activities, including a significant presence in at least two of the following area: large/major corporate lending, investment banking, brokerage and asset management. Excludes less diversified companies classified in the Asset Management & Custody Banks or Investment Banking & Brokerage Sub-Industries. Also excludes companies classified in the Banks or Insurance industry groups or the Consumer Finance Sub-Industry.
Capital Markets
Financial Services
Financials
40203040
Financial Exchanges & Data
Financial exchanges for securities, commodities, derivatives and other financial instruments, and providers of financial decision support tools and products including ratings agencies.
Capital Markets
Financial Services
Financials
40204010
Mortgage REITs
Companies or Trusts that service, originate, purchase and/or securitize residential and/or commercial mortgage loans. Includes trusts that invest in mortgage-backed securities and other mortgage related assets.
Mortgage Real Estate Investment Trusts (REITs)
Financial Services
Financials
40301010
Insurance Brokers
Insurance and reinsurance brokerage firms.
Insurance
Insurance
Financials
40301020
Life & Health Insurance
Companies providing primarily life, disability, indemnity or supplemental health insurance. Excludes managed care companies classified in the Managed Health Care Sub-Industry.
Insurance
Insurance
Financials
40301030
Multi-line Insurance
Insurance companies with diversified interests in life, health and property and casualty insurance.
Insurance
Insurance
Financials
40301040
Property & Casualty Insurance
Companies providing primarily property and casualty insurance.
Insurance
Insurance
Financials
40301050
Reinsurance
Companies providing primarily reinsurance.
Insurance
Insurance
Financials
45102010
IT Consulting & Other Services
Providers of information technology and systems integration services not classified in the Data Processing & Outsourced Services or Internet Software & Services Sub-Industries. Includes information technology consulting and information management services.
IT Services
Software & Services
Information Technology
45102030
Internet Services & Infrastructure
Companies providing services and infrastructure for the internet industry including data centers and cloud networking and storage infrastructure. Also includes companies providing web hosting services. Excludes companies classified in the Software Industry.
IT Services
Software & Services
Information Technology
45103010
Application Software
Companies engaged in developing and producing software designed for specialized applications for the business or consumer market. Includes enterprise and technical software, as well as cloud-based software. Excludes companies classified in the Interactive Home Entertainment Sub-Industry. Also excludes companies producing systems or database management software classified in the Systems Software Sub-Industry.
Software
Software & Services
Information Technology
45103020
Systems Software
Companies engaged in developing and producing systems and database management software.
Software
Software & Services
Information Technology
45201020
Communications Equipment
Manufacturers of communication equipment and products, including LANs, WANs, routers, telephones, switchboards and exchanges. Excludes cellular phone manufacturers classified in the Technology Hardware, Storage & Peripherals Sub-Industry.
Communications Equipment
Technology Hardware & Equipment
Information Technology
45202030
Technology Hardware, Storage & Peripherals
Manufacturers of cellular phones, personal computers, servers, electronic computer components and peripherals. Includes data storage components, motherboards, audio and video cards, monitors, keyboards, printers, and other peripherals. Excludes semiconductors classified in the Semiconductors Sub-Industry.
Technology Hardware, Storage & Peripherals
Technology Hardware & Equipment
Information Technology
45203010
Electronic Equipment & Instruments
Manufacturers of electronic equipment and instruments including analytical, electronic test and measurement instruments, scanner/barcode products, lasers, display screens, point-of-sales machines, and security system equipment.
Electronic Equipment, Instruments & Components
Technology Hardware & Equipment
Information Technology
45203015
Electronic Components
Manufacturers of electronic components. Includes electronic components, connection devices, electron tubes, electronic capacitors and resistors, electronic coil, printed circuit board, transformer and other inductors, signal processing technology/components.
Electronic Equipment, Instruments & Components
Technology Hardware & Equipment
Information Technology
45203020
Electronic Manufacturing Services
Producers of electronic equipment mainly for the OEM (Original Equipment Manufacturers) markets.
Electronic Equipment, Instruments & Components
Technology Hardware & Equipment
Information Technology
45203030
Technology Distributors
Distributors of technology hardware and equipment. Includes distributors of communications equipment, computers & peripherals, semiconductors, and electronic equipment and components.
Electronic Equipment, Instruments & Components
Technology Hardware & Equipment
Information Technology
45301010
Semiconductor Materials & Equipment
Manufacturers of semiconductor equipment, including manufacturers of the raw material and equipment used in the solar power industry.
Semiconductors & Semiconductor Equipment
Semiconductors & Semiconductor Equipment
Information Technology
45301020
Semiconductors
Manufacturers of semiconductors and related products, including manufacturers of solar modules and cells.
Semiconductors & Semiconductor Equipment
Semiconductors & Semiconductor Equipment
Information Technology
50101010
Alternative Carriers
Providers of communications and high-density data transmission services primarily through a high bandwidth/fiber-optic cable network.
Diversified Telecommunication Services
Telecommunication Services
Communication Services
50101020
Integrated Telecommunication Services
Operators of primarily fixed-line telecommunications networks and companies providing both wireless and fixed-line telecommunications services not classified elsewhere. Also includes internet service providers offering internet access to end users.
Diversified Telecommunication Services
Telecommunication Services
Communication Services
50102010
Wireless Telecommunication Services
Providers of primarily cellular or wireless telecommunication services.
Wireless Telecommunication Services
Telecommunication Services
Communication Services
50201010
Advertising
Companies providing advertising, marketing or public relations services.
Media
Media & Entertainment
Communication Services
50201020
Broadcasting
Owners and operators of television or radio broadcasting systems, including programming. Includes radio and television broadcasting, radio networks, and radio stations.
Media
Media & Entertainment
Communication Services
50201030
Cable & Satellite
Providers of cable or satellite television services. Includes cable networks and program distribution.
Media
Media & Entertainment
Communication Services
50201040
Publishing
Publishers of newspapers, magazines and books in print or electronic formats.
Media
Media & Entertainment
Communication Services
50202010
Movies & Entertainment
Companies that engage in producing and selling entertainment products and services, including companies engaged in the production, distribution and screening of movies and television shows, producers and distributors of music, entertainment theaters and sports teams. Also includes companies offering and/or producing entertainment content streamed online.
Entertainment
Media & Entertainment
Communication Services
50202020
Interactive Home Entertainment
Producers of interactive gaming products, including mobile gaming applications. Also includes educational software used primarily in the home. Excludes online gambling companies classified in the Casinos & Gaming Sub-Industry.
Entertainment
Media & Entertainment
Communication Services
50203010
Interactive Media & Services
Companies engaging in content and information creation or distribution through proprietary platforms, where revenues are derived primarily through pay-per-click advertisements. Includes search engines, social media and networking platforms, online classifieds, and online review companies.
Interactive Media & Services
Media & Entertainment
Communication Services
55101010
Electric Utilities
Companies that produce or distribute electricity. Includes both nuclear and non-nuclear facilities.
Electric Utilities
Utilities
Utilities
55102010
Gas Utilities
Companies whose main charter is to distribute and transmit natural and manufactured gas. Excludes companies primarily involved in gas exploration or production classified in the Oil & Gas Exploration & Production Sub-Industry. Also excludes companies engaged in the storage and/or transportation of oil, gas, and/or refined products classified in the Oil & Gas Storage & Transportation Sub-Industry.
Gas Utilities
Utilities
Utilities
55103010
Multi-Utilities
Utility companies with significantly diversified activities in addition to core Electric Utility, Gas Utility and/or Water Utility operations.
Multi-Utilities
Utilities
Utilities
55104010
Water Utilities
Companies that purchase and redistribute water to the end-consumer. Includes large-scale water treatment systems.
Water Utilities
Utilities
Utilities
55105010
Independent Power Producers & Energy Traders
Companies that operate as Independent Power Producers (IPPs), Gas & Power Marketing & Trading Specialists and/or Integrated Energy Merchants. Excludes producers of electricity using renewable sources, such as solar power, hydropower, and wind power. Also excludes electric transmission companies and utility distribution companies classified in the Electric Utilities Sub-Industry.
Independent Power and Renewable Electricity Producers
Utilities
Utilities
55105020
Renewable Electricity
Companies that engage in the generation and distribution of electricity using renewable sources, including, but not limited to, companies that produce electricity using biomass, geothermal energy, solar energy, hydropower, and wind power. Excludes companies manufacturing capital equipment used to generate electricity using renewable sources, such as manufacturers of solar power systems, installers of photovoltaic cells, and companies involved in the provision of technology, components, and services mainly to this market.
Independent Power and Renewable Electricity Producers
Utilities
Utilities
60101010
Diversified REITs
A company or Trust with significantly diversified operations across two or more property types.
Diversified REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60102510
Industrial REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of industrial properties. Includes companies operating industrial warehouses and distribution properties.
Industrial REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60103010
Hotel & Resort REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of hotel and resort properties.
Hotel & Resort REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60104010
Office REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of office properties.
Office REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60105010
Health Care REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of properties serving the health care industry, including hospitals, nursing homes, and assisted living properties.
Health Care REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60106010
Multi-Family Residential REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of apartments and other multi-family housing including student housing.
Residential REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60106020
Single-Family Residential REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of single-family residential housing including manufactured homes.
Residential REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60107010
Retail REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of shopping malls, outlet malls, neighborhood and community shopping centers.
Retail REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60108010
Other Specialized REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of properties not classified elsewhere. This Sub-Industry includes REITs that manage and own properties such as natural gas and crude oil pipelines, gas stations, fiber optic cables, prisons, automobile parking, and automobile dealerships.
Specialized REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60108020
Self-Storage REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of self storage properties.
Specialized REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60108030
Telecom Tower REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of telecom towers and related structures that support wireless telecommunications.
Specialized REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60108040
Timber REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of timberland and timber-related properties.
Specialized REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60108050
Data Center REITs
Companies or Trusts engaged in the acquisition, development, ownership, leasing, management and operation of data center properties.
Specialized REITs
Equity Real Estate Investment Trusts (REITs)
Real Estate
60201010
Diversified Real Estate Activities
Companies engaged in a diverse spectrum of real estate activities including real estate development & sales, real estate management, or real estate services, but with no dominant business line.
Real Estate Management & Development
Real Estate Management & Development
Real Estate
60201020
Real Estate Operating Companies
Companies engaged in operating real estate properties for the purpose of leasing & management.
Real Estate Management & Development
Real Estate Management & Development
Real Estate
60201030
Real Estate Development
Companies that develop real estate and sell the properties after development. Excludes companies classified in the Homebuilding Sub-Industry.
Real Estate Management & Development
Real Estate Management & Development
Real Estate
60201040
Real Estate Services
Real estate service providers such as real estate agents, brokers & real estate appraisers.