Industry Classification Benchmark (ICB)

In 2005, FTSE Group and Dow Jones Indexes have created a definitive classification system called the Industry Classification Benchmark (ICB) covering over 60,000 companies and 65,000 securities worldwide from the Dow Jones and FTSE Universes. The coverage makes the database a comprehensive tool for global sector analysis.

Key Features

• Managed on a transparent and rules-driven basis
• Contains four classification levels: Industries (10), Supersectors (19), Sectors (41), and Subsectors (114)
• Logical and concise 4 digit coding system
• Allocation by revenue not profit

Benefits

• Efficient and effective - A single data source removes the need to maintain individual databases or undertake costly and time-consuming sector research
• Improved sector analysis - ICB provides a standardized base for analysis, stock selection and performance measurement. It also aligns with investment research and analysis, numerous exchange-traded products, analytical data vendors and leading exchanges including Euronext, London Stock Exchange, NASDAQ and NYSE
• Accurate and timely - The data are maintained by research teams based in each major region, allowing ICB to reflect the global industrial landscape