Industry Classification Benchmark (ICB)

SECTORIAL CLASSIFICATION

Basic Materials
General category encompassing foundational materials used in various industries.

• Basic Resources
  Involves the extraction and processing of metals used in industrial applications.
• Industrial Metals & Mining
  Involves the extraction and processing of metals used in industrial applications.
  • Aluminum
    A lightweight and corrosion-resistant metal widely used in construction, transportation, and packaging.
  • Copper
    A versatile metal with excellent conductivity, commonly used in electrical wiring and industrial applications.
  • General Mining
    Involves the exploration and extraction of various minerals and resources.
  • Iron & Steel
    Involves the production of iron and steel, essential materials for construction and manufacturing.
  • Metal Fabricating
    The process of shaping and manipulating metals to create finished products.
  • Nonferrous Metals
    Includes metals other than iron that do not contain iron as a principal component.
• Precious Metals & Mining
  Involves the mining of valuable and rare metals, often used in jewelry and investment.
  • Gold Mining
    The extraction of gold, a precious metal with cultural, industrial, and financial significance.
  • Diamonds & Gemstones
    Involves the mining and processing of diamonds and other precious gemstones.
• Industrial Materials
  Broad category covering materials used in industrial processes.
  • Forestry
    Involves the cultivation, harvesting, and processing of timber and related forest products.
  • Paper
    Production of paper and paper products for various applications.
  • Textile Products
    Manufacturing of textiles and related products, including clothing and fabrics.
  • Diversified Materials
    Involves a diverse range of materials used in various industries.
• Chemicals
  General category covering a wide range of chemical substances.
  • Specialty Chemicals
    Chemicals with specific applications and properties, often used in high-value products.
  • Chemicals: Diversified
    Diverse chemical products with various industrial applications.
  • Chemicals & Synthetic Fibers
    Involves the production of synthetic fibers and related chemical processes.
  • Fertilizers
    Products used to enhance soil fertility and promote plant growth in agriculture.

Consumer Discretionary
A sector encompassing goods and services considered non-essential, often driven by consumer preferences.

• Automobiles & Parts
  Involves the manufacturing and distribution of automobiles and related components.
  • Automobiles
    The production and sale of motor vehicles for personal and commercial use.
  • Auto Parts
    Manufacturing and distribution of components and accessories for automobiles.
  • Auto Services
    Services related to the maintenance, repair, and customization of automobiles.
  • Tires
    Production and sale of tires for various vehicles.
• Consumer Products & Services
  Broad category covering a range of products and services catering to consumer needs.
  • Consumer Services
    Services provided directly to consumers.
    • Misc.
      Miscellaneous consumer services that don’t fit into specific subcategories.
    • Education Services
      Services related to education and learning.
    • Rental & Leasing Services: Consumer
      Services providing temporary use of goods to consumers.
    • Vending & Catering Service
      Services related to vending machines and catering.
    • Storage Facilities
      Facilities offering storage solutions for individuals and businesses.
  • Leisure Goods
    Products and services related to leisure and recreational activities.
    • Consumer Electronics
      Manufacturing and sale of electronic devices for consumers.
    • Electronic Entertainment
      Products and services related to electronic entertainment, such as gaming.
    • Photography
      Products and services related to photography.
    • Toys
      Manufacturing and sale of toys and recreational products.
    • Recreational Products
      Products designed for recreational use, often related to outdoor activities.
    • Recreational Vehicles & Boats
      Manufacturing and sale of recreational vehicles and boats.
  • Personal Goods
    Products related to personal care and lifestyle.
    • Cosmetics
      Products related to beauty and personal care.
    • Clothing & Accessories
      Manufacturing and sale of clothing and related accessories.
    • Footwear
      Manufacturing and sale of shoes.
    • Luxury Items
      High-end and premium products often associated with luxury brands.
  • Household Goods & Home Construction
    Products and services related to homes and households.
    • Home Construction
      Construction services related to residential buildings.
    • Household Appliance
      Manufacturing and sale of household appliances.
    • Household Equipment & Products
      Various products and equipment used in households.
    • Household Furnishings
      Products related to furnishing homes, such as furniture and decor.
  • Retail
    The sale of goods to end consumers.
    • Retailers
      Businesses involved in the sale of goods directly to consumers.
      • Apparel Retailers
        Retailers specializing in clothing and fashion.
      • Home Improvement Retailers
        Retailers specializing in products for home improvement.
      • Diversified Retailers
        Retailers offering a diverse range of products.
      • Specialty Retailers
        Retailers focusing on specific product categories or niches.
  • Travel & Leisure
    Products and services related to travel and recreational activities.
    • Airlines
      Companies providing air transportation services.
    • Recreational Services
      Services related to recreation and leisure.
    • Casinos & Gambling
      Services and facilities related to gambling and gaming.
    • Hotels & Motels
      Accommodation services for travelers.
    • Restaurants & Bars
      Establishments providing food and beverage services.
    • Travel & Tourism
      Services related to travel and tourism.
  • Media
    Industries involved in the creation and distribution of information and entertainment.
    • Publishing
      Production and distribution of printed or digital publications.
    • Radio & TV Broadcasters
      Companies involved in radio and television broadcasting.
      

Consumer Staples
Essential goods and products considered necessary for daily life.

• Food & Beverage & Tobacco
  Broad category encompassing industries related to food, beverages, and tobacco.
  • Beverages
    Non-alcoholic drinks produced for consumption.
    • Brewers
      Companies engaged in the production of beer.
    • Soft Drinks
      Non-alcoholic beverages that are carbonated or non-carbonated.
    • Distillers & Vintners
      Companies involved in the production of distilled spirits and wines.
  • Tobacco
    The cultivation and processing of tobacco products.
• Personal Care & Drug & Grocery Stores
  Retailers and stores selling personal care items, drugs, and groceries.
  • Drug Retailers
    Retailers specializing in the sale of pharmaceutical and healthcare products.
  • Food Retailers & Wholesalers
    Businesses involved in the sale and distribution of food products.
  • Miscellaneous Consumer Staple Goods
    Various consumer staple goods that don’t fit into specific subcategories.

Energy
Industries related to the production and distribution of energy.

• Alternative Energy
  Energy derived from non-traditional sources, such as renewable resources.
  • Renewable Energy Equipment
    Manufacturing and production of equipment used in renewable energy generation.
  • Alternative Fuels
    Substitutes for traditional fossil fuels, often with a lower environmental impact.
• Oil & Gas & Coal
  Industries related to the extraction and production of oil, gas, and coal.
  • Oil Equipment & Services
    Companies providing equipment and services to the oil industry.
  • Oil: Crude Producers
    Companies involved in the extraction and production of crude oil.
  • Integrated Oil & Gas
    Companies involved in multiple aspects of the oil and gas supply chain, from extraction to distribution.
  • Oil Refining & Marketing
    Refining and marketing of oil-based products.
  • Offshore Drilling & Other Services
    Companies providing drilling services in offshore locations and other related services.
  • Pipelines
    Infrastructure for the transportation of oil, gas, and other substances through pipelines.

Financials
A sector comprising various financial institutions and services.

• Banks
  Financial institutions that provide banking services such as deposits, loans, and other financial services.
• Insurance
  Industries involved in the provision of insurance coverage and related services.
  • Non-life Insurance
    Insurance coverage for events other than death, such as property and casualty insurance.
    • Reinsurance
      Insurance purchased by insurance companies to reduce their risk exposure.
    • Full Line Insurance
      Companies offering a broad range of insurance products and services.
    • Insurance Brokers
      Intermediaries who help clients find and purchase insurance coverage.
    • Property & Casualty Insurance
      Insurance covering property damage and liability for injuries.
  • Life Insurance
    Insurance providing a payout upon the death of the insured or after a specified period.
• Financial Services
  Services related to finance and credit.
  • Closed End Investments
    Investment funds with a fixed number of shares that trade on exchanges.
  • Finance & Credit Services
    Services related to lending, credit, and financial transactions.
    • Consumer Lending
      Provision of loans to individuals for personal use.
    • Mortgage Finance
      Financial services related to mortgage lending and real estate financing.
    • Financial Data Providers
      Companies that offer financial data and analytics services.
  • Investment Banking & Brokerage Services
    Services related to investment banking, securities, and brokerage.
    • Investment Services
      Services related to investment management and advisory.
    • Diversified Financial Services
      Companies offering a wide range of financial services.
    • Asset Managers & Custodians
      Companies managing and safeguarding financial assets on behalf of clients.
    • Open End & Miscellaneous Investment Vehicles
      Investment funds that continuously issue and redeem shares.

Health Care
Industries related to the provision of healthcare products and services.

• Pharmaceuticals & Biotechnology
  Industries involved in the research, development, and production of pharmaceuticals and biotechnology products.
  • Biotechnology
    The use of biological systems, organisms, or derivatives to develop new technologies and products.
  • Pharmaceuticals
    Industries involved in the development, production, and sale of pharmaceutical drugs.
• Medical Equipment & Services
  Industries providing medical equipment, supplies, and related services.
  • Medical Equipment
    Manufacturing and sale of medical devices and equipment.
  • Medical Supplies
    Production and distribution of medical supplies and consumables.
  • Medical Services
    Services related to medical care and treatment.
• Health Care Providers
  Entities providing healthcare services.
  • Health Care Facilities
    Facilities where healthcare services are provided, such as hospitals and clinics.
  • Health Care Services
    Services related to healthcare, excluding facilities.
  • Health Care: Misc.
    Miscellaneous entities and services within the healthcare sector.

Industrials
A sector comprising diverse industries involved in the production of goods and services.

• Construction & Materials
  Industries related to construction and the production of building materials.
  • Cement
    Manufacturing and production of cement used in construction.
  • Construction
    Services related to the building and infrastructure construction.
  • Engineering & Contracting Services
    Companies providing engineering and contracting services for construction projects.
  • Building Materials: Other
    Other materials used in the construction industry.
  • Building & Roofing/Wallboard & Plumbing
    Industries involved in building, roofing, wallboard, and plumbing materials.
  • Building: Climate Control
    Technologies and services related to climate control systems in buildings.
• Industrial Goods & Services
  Industries producing goods and providing services for industrial applications.
  • Aerospace & Defense
    Industries involved in the production of aerospace and defense-related products.
    • Defense
      Production and services related to defense and military applications.
    • Aerospace
      Manufacturing and services related to aircraft and space vehicles.
  • Electronic & Electrical Equipment
    Industries producing electronic and electrical equipment.
    • Electrical Components
      Manufacturing of components used in electronic and electrical systems.
    • Electronic Equipment: Control & Filter
      Production of electronic equipment for control and filtering applications.
    • Electronic Equipment: Gauges & Meters
      Manufacturing of electronic gauges and meters.
    • Electronic Equipment: Pollution Control
      Production of electronic equipment for pollution control applications.
    • Electronic Equipment: Other
      Other electronic equipment not covered in specific categories.
  • Industrial Engineering
    Engineering services focused on industrial processes and systems.
    • Machinery: Industrial
      Manufacturing of industrial machinery.
    • Machinery: Specialty
      Manufacturing of specialized machinery for specific applications.
  • Industrial Support Services
    Services supporting industrial operations.
    • Industrial Suppliers
      Companies supplying materials and components to industrial manufacturers.
    • Business Training & Employment Agencies
      Services related to business training and employment placement.
    • Forms & Bulk Printing Services
      Printing services for forms and bulk printing needs.
    • Professional Business Support Services
      Professional services supporting business operations.
    • Transaction Processing Services
      Services related to processing transactions, often financial.
  • General Industrials
    Diverse industries falling under the general industrial category.
    • Containers & Packaging
      Manufacturing of containers and packaging materials.
    • Plastics
      Production and processing of plastic materials.
    • Diversified Industrials
      Industries with diverse products and services within the industrial sector.
  • Industrial Transportation
    Transportation services for industrial goods and materials.
    • Delivery Services
      Services related to the delivery of goods.
    • Commercial Vehicle-Equipment Leasing
      Leasing of commercial vehicles and equipment.
    • Commercial Vehicles & Parts
      Manufacturing and sale of commercial vehicles and related parts.
    • Marine Transportation
      Transportation services related to marine and water-based logistics.
    • Railroads
      Companies involved in the operation and management of rail transportation.
    • Transportation Services
      Services related to transportation and logistics.
    • Trucking
      Services related to truck transportation and logistics.

Real Estate
The property, land, and buildings collectively, along with the business of buying, selling, and developing such properties.

• Real Estate Investment & Services
  Involves investment in and the provision of various real estate-related services.
  • Real Estate Holding & Development
    Companies involved in holding and developing real estate properties.
  • Real Estate Services
    Services related to real estate, including brokerage, property management, and consulting.
• Real Estate Investment Trusts (REITs)
  Investment vehicles that own, operate, or finance income-producing real estate.
  • Health Care REITs
    REITs specializing in real estate related to healthcare facilities.
  • Industrial REITs
    REITs focused on industrial real estate, such as warehouses and distribution centers.
  • Office REITs
    REITs specializing in office buildings and commercial real estate.
  • Residential REITs
    REITs involved in residential real estate, including apartments and housing.
  • Retail REITs
    REITs focused on retail properties, including shopping centers and malls.
  • Diversified REITs
    REITs with a diverse portfolio of different types of real estate.
  • Hotel & Lodging REITs
    REITs specializing in hotel and lodging properties.
  • Storage REITs
    REITs focused on storage facilities, including self-storage units.
  • Other Specialty REITs
    REITs with a specialty that doesn’t fit into the other categories.

Technology
The sector involving the development and application of technology.

• Technology Hardware & Equipment
  Manufacturing and sale of hardware and equipment related to technology.
  • Electronic Components
    Production of components used in electronic devices.
  • Electronic Office Equipment
    Manufacturing of electronic office equipment such as printers and scanners.
  • Computer Hardware
    Manufacturing of computer-related hardware.
  • Production Technology Equipment
    Equipment used in the production and manufacturing processes.
  • Semiconductors
    Production of semiconductor materials and devices.
• Software & Computer Services
  Development and provision of software and computer-related services.
  • Computer Services
    Services related to computer systems and networks.
  • Software
    Development and sale of software applications.
  • Consumer Digital Services
    Services provided in the digital realm for consumer use.

Telecommunications
The transmission of information over a distance, primarily via electronic means.

• Telecommunications Service Providers
  Companies providing telecommunications services.
  • Cable Television Services
    Services related to cable television broadcasting.
  • Telecommunications Services
    Broad services related to telecommunications.
• Telecommunications Equipment
  Manufacturing of equipment used in telecommunications.

Utilities
Industries involved in the provision of essential public services.

• Electricity
  Generation and distribution of electrical power.
  • Alternative Electricity
    Generation of electricity from non-traditional sources.
  • Conventional Electricity
    Traditional methods of generating and distributing electricity.
• Waste & Disposal Services
  Services related to waste management and disposal.
• Gas & Water & Multi-utilities
  Companies involved in the distribution of gas, water, and multiple utility services.
  • Gas Distribution
    Distribution of gas for various applications.
  • Water
    Distribution and supply of water.
  • Multi-utilities
    Companies providing multiple utility services.