Industry Classification Benchmark (ICB)

In 2005, FTSE Group and Dow Jones Indexes merged industry classification systems and created a single definitive system covering over 47,000 securities and 42,000 companies worldwide.

Key Features

  • Managed on a transparent and rules-driven basis
  • Contains four classification levels: Industries (10), Supersectors (18), Sectors (39), and Subsectors (104)
  • Logical and concise 4 digit coding system
  • Allocation by revenue not profit

Benefits

  • Offers a single data source, which removes the need to maintain individual databases or undertake costly and time-consuming sector research
  • Provides a standardised base for analysis, stock selection and performance measurement
  • Aligns with investment research and analysis, numerous exchange-traded products, analytical data vendors and leading exchanges
  • Allows for analysis of both broad industry trends and more detailed analysis across regions and countries