What is Industry Classification Benchmark?

Industry Classification Benchmark: Structural enhancements to the industry categorization framework An industry classification system allows investors and other market participants to segment and evaluate the global economy in a systematic and holistic way.

What is Industry Classification Benchmark (ICB) tserussellcm1?

Industry Classification Benchmark (ICB) tserussellcm1 Methodology overview Effective July 1, 2019 ICB is a single standard that defines the market With approximately 100,000 securities classified worldwide, we provide a comprehensive data source and a definitive categorizing system for the global investment community.

What are the different classification systems for stocks?

That said, there are two competing systems for classifying stocks into sectors and industries: the Global Industry Classification Standard (GICS) and the Industrial Classification Benchmark (ICB) . Both were designed to provide an accurate and standardized industry definition for use by the global investment community.

What is an Industry Classification system?

An industry classification system allows investors and other market participants to segment and evaluate the global economy in a systematic and holistic way. It provides a standardized framework to research individual areas of the economy, conduct peer group analysis and classify companies on both a top-down and bottom- up basis.