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, 74 industries and 163 sub-industries[1] into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group.

GICS is used as a basis for S&P and MSCI financial market indexes in which each company is assigned to a sub-industry, and to an industry, industry group, and sector, by its principal business activity. "GICS" is a registered trademark of McGraw Hill Financial and MSCI Inc.[2][3]

Classification

The classification is as follows:[1]

Sector Industry Group Industry Sub-Industry
10 Energy 1010 Energy 101010 Energy Equipment & Services 10101010Oil & Gas Drilling
10101020Oil & Gas Equipment & Services
101020 Oil, Gas & Consumable Fuels 10102010Integrated Oil & Gas
10102020Oil & Gas Exploration & Production
10102030Oil & Gas Refining & Marketing
10102040Oil & Gas Storage & Transportation
10102050Coal & Consumable Fuels
15 Materials 1510 Materials 151010 Chemicals 15101010Commodity Chemicals
15101020Diversified Chemicals
15101030Fertilizers & Agricultural Chemicals
15101040Industrial Gases
15101050Specialty Chemicals
151020 Construction Materials 15102010Construction Materials
151030 Containers & Packaging 15103010Metal, Glass & Plastic Containers
15103020Paper & Plastic Packaging Products & Materials
151040 Metals & Mining 15104010Aluminum
15104020Diversified Metals & Mining
15104025Copper
15104030Gold
15104040Precious Metals & Minerals
15104045Silver
15104050Steel
151050 Paper & Forest Products 15105010Forest Products
15105020Paper Products
20 Industrials 2010 Capital Goods 201010Aerospace & Defense 20101010Aerospace & Defense
201020Building Products 20102010Building Products
201030Construction & Engineering 20103010Construction & Engineering
201040 Electrical Equipment 20104010Electrical Components & Equipment
20104020Heavy Electrical Equipment
201050Industrial Conglomerates 20105010Industrial Conglomerates
201060 Machinery 20106010Construction Machinery & Heavy Transportation Equipment
20106015Agricultural & Farm Machinery
20106020Industrial Machinery & Supplies & Components
201070Trading Companies & Distributors 20107010Trading Companies & Distributors
2020 Commercial & Professional Services 202010 Commercial Services & Supplies 20201010Commercial Printing
20201050Environmental & Facilities Services
20201060Office Services & Supplies
20201070Diversified Support Services
20201080Security & Alarm Services
202020 Professional Services 20202010Human Resource & Employment Services
20202020Research & Consulting Services
20202030Data Processing & Outsourced Services
2030 Transportation 203010Air Freight & Logistics 20301010Air Freight & Logistics
203020Passenger Airlines 20302010Passenger Airlines
203030Marine Transportation 20303010Marine Transportation
203040 Ground Transportation 20304010Rail Transportation
20304030Cargo Ground Transportation
20304040Passenger Ground Transportation
203050 Transportation Infrastructure 20305010Airport Services
20305020Highways & Railtracks
20305030Marine Ports & Services
25 Consumer Discretionary 2510 Automobiles & Components 251010 Automobile Components 25101010Automotive Parts & Equipment
25101020Tires & Rubber
251020 Automobiles 25102010Automobile Manufacturers
25102020Motorcycle Manufacturers
2520 Consumer Durables & Apparel 252010 Household Durables 25201010Consumer Electronics
25201020Home Furnishings
25201030Homebuilding
25201040Household Appliances
25201050Housewares & Specialties
252020Leisure Products 25202010Leisure Products
252030 Textiles, Apparel & Luxury Goods 25203010Apparel, Accessories & Luxury Goods
25203020Footwear
25203030Textiles
2530 Consumer Services 253010 Hotels, Restaurants & Leisure 25301010Casinos & Gaming
25301020Hotels, Resorts & Cruise Lines
25301030Leisure Facilities
25301040Restaurants
253020 Diversified Consumer Services 25302010Education Services
25302020Specialized Consumer Services
2550 Consumer Discretionary Distribution & Retail 255010Distributors 25501010Distributors
255030Broadline Retail 25503030Broadline Retail
255040 Specialty Retail 25504010Apparel Retail
25504020Computer & Electronics Retail
25504030Home Improvement Retail
25504040Other Specialty Retail
25504050Automotive Retail
25504060Homefurnishing Retail
30 Consumer Staples 3010 Consumer Staples Distribution & Retail 301010 Consumer Staples Distribution & Retail 30101010Drug Retail
30101020Food Distributors
30101030Food Retail
30101040Consumer Staples Merchandise Retail
3020 Food, Beverage & Tobacco 302010 Beverages 30201010Brewers
30201020Distillers & Vintners
30201030Soft Drinks & Non-alcoholic Beverages
302020 Food Products 30202010Agricultural Products & Services
30202030Packaged Foods & Meats
302030Tobacco 30203010Tobacco
3030 Household & Personal Products 303010Household Products 30301010Household Products
303020Personal Care Products 30302010Personal Care Products
35 Health Care 3510 Health Care Equipment & Services 351010 Health Care Equipment & Supplies 35101010Health Care Equipment
35101020Health Care Supplies
351020 Health Care Providers & Services 35102010Health Care Distributors
35102015Health Care Services
35102020Health Care Facilities
35102030Managed Health Care
351030Health Care Technology 35103010Health Care Technology
3520 Pharmaceuticals, Biotechnology & Life Sciences 352010Biotechnology 35201010Biotechnology
352020Pharmaceuticals 35202010Pharmaceuticals
352030Life Sciences Tools & Services 35203010Life Sciences Tools & Services
40 Financials 4010 Banks 401010 Banks 40101010Diversified Banks
40101015Regional Banks
4020 Financial Services 402010 Financial Services 40201020Diversified Financial Services
40201030Multi-Sector Holdings
40201040Specialized Finance
40201050Commercial & Residential Mortgage Finance
40201060Transaction & Payment Processing Services
402020Consumer Finance 40202010Consumer Finance
402030 Capital Markets 40203010Asset Management & Custody Banks
40203020Investment Banking & Brokerage
40203030Diversified Capital Markets
40203040Financial Exchanges & Data
402040Mortgage Real Estate Investment Trusts (REITs) 40204010Mortgage REITs
4030 Insurance 403010 Insurance 40301010Insurance Brokers
40301020Life & Health Insurance
40301030Multi-line Insurance
40301040Property & Casualty Insurance
40301050Reinsurance
45 Information Technology 4510 Software & Services
451020 IT Services 45102010IT Consulting & Other Services
45102030 Internet Services & Infrastructure
451030 Software 45103010Application Software
45103020Systems Software
4520 Technology Hardware & Equipment 452010Communications Equipment 45201020Communications Equipment
452020Technology Hardware, Storage & Peripherals 45202030Technology Hardware, Storage & Peripherals
452030 Electronic Equipment, Instruments & Components 45203010Electronic Equipment & Instruments
45203015Electronic Components
45203020Electronic Manufacturing Services
45203030Technology Distributors
4530 Semiconductors & Semiconductor Equipment 453010 Semiconductors & Semiconductor Equipment 45301010Semiconductor Materials & Equipment
45301020Semiconductors
50 Communication Services 5010 Telecommunication Services 501010 Diversified Telecommunication Services 50101010Alternative Carriers
50101020Integrated Telecommunication Services
501020Wireless Telecommunication Services 50102010Wireless Telecommunication Services
5020 Media & Entertainment 502010 Media 50201010Advertising
50201020Broadcasting
50201030Cable & Satellite
50201040Publishing
502020 Entertainment 50202010Movies & Entertainment
50202020Interactive Home Entertainment
502030Interactive Media & Services 50203010Interactive Media & Services
55 Utilities 5510 Utilities 551010Electric Utilities 55101010Electric Utilities
551020Gas Utilities 55102010Gas Utilities
551030Multi-Utilities 55103010Multi-Utilities
551040Water Utilities 55104010Water Utilities
551050 Independent Power and Renewable Electricity Producers 55105010Independent Power Producers & Energy Traders
55105020Renewable Electricity
60 Real Estate 6010 Equity Real Estate Investment Trusts (REITs) 601010Diversified REITs 60101010Diversified REITs
601025Industrial REITs 60102510Industrial REITs
601030Hotel & Resort REITs 60103010Hotel & Resort REITs
601040Office REITs 60104010Office REITs
601050Health Care REITs 60105010Health Care REITs
601060 Residential REITs 60106010Multi-Family Residential REITs
60106020Single-Family Residential REITs
601070Retail REITs 60107010Retail REITs
601080 Specialized REITs 60108010Other Specialized REITs
60108020Self-Storage REITs
60108030Telecom Tower REITs
60108040Timber REITs
60108050Data Center REITs
6020 Real Estate Management & Development 602010 Real Estate Management & Development 60201010Diversified Real Estate Activities
60201020Real Estate Operating Companies
60201030Real Estate Development
60201040Real Estate Services

Revisions

The classification standard is regularly updated by S&P Dow Jones Indices and MSCI. Numerous changes over the years have resulted in the addition, deletion, or redefinition of various sub-industries, industries, or industry groups.[4] Since 1999, there have been two revisions at the sector level:

  • In 2016, the real estate industry group (with the exception of mortgage REITs) was moved out of the financials sector to a newly created real estate sector.[5]
  • In 2018, the telecommunication services sector was renamed communication services. The sector was expanded to include media and entertainment companies previously in the consumer discretionary sector, as well as interactive media and services companies from the information technology sector.[6]
  • In March 2023, several revisions were made. [7]

See also

References

  1. 1 2 "The Global Industry Classification Standard (GICS®)". Retrieved 2023-03-21.
  2. "MSCI-Barra GICS Tables". Archived from the original on 2014-03-26. Retrieved 2013-02-10.
  3. "MSCI-Barra GICS Sector Definitions". Archived from the original (PDF) on 2014-03-26. Retrieved 2013-02-10.
  4. "Archived copy" (PDF). Archived from the original (PDF) on 2015-02-11. Retrieved 2015-01-25.{{cite web}}: CS1 maint: archived copy as title (link)
  5. "S&P Dow Jones Indices and MSCI Announce Further Revisions to the Global Industry Classification Standard Structure in 2016" (pdf). Retrieved 28 Dec 2018.
  6. "Revisions to the Global Industry Classification Standard Structure in 2018" (pdf). Retrieved 28 Dec 2018.
  7. "REVISIONS TO THE GLOBAL INDUSTRY CLASSIFICATION STANDARD (GICS®) STRUCTURE EFFECTIVE MARCH, 2023" (pdf). Retrieved 21 Mar 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.