Free Stock Market Course Part 30: SPX Industry Groups

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Chapters:
00:00 What are Industry Groups?
03:41 Sectors vs Industry Groups
06:04 GICS Industry Groups
09:06 Industry Group Uses
10:14 Popular Industry Group ETFs based on Average Volume
Module 5 Section 3
Industry Groups
US companies or stocks are grouped together based on common business types to standardize meaning and understanding.
Groups are defined by the Global Industry Classification Standard (GICS).
GCIS was developed by MSCI Inc. (Morgan Stanley Capital International) and S&P Dow Jones Indices.
Investors follow groups because one stock may be impacted by broader movements within an industry.
GICS categorizes stocks into 24 industry groups and 11 sectors (previous video).
Sectors vs Industry Groups
Market sectors have a broad focus.
Industry groups have a narrow focus.
To make it more confusing, some industry groups such as energy and utilities are also market sectors.
Sector or industry group analysis can help explain market moves and uncover possible opportunities.
GICS Implementation
Sector or industry group analysis can help explain market moves and uncover possible opportunities.
GICS is widely used in the financial industry.
Some feel GICS helps market participants to identify and analyze companies using a common global standard.
GICS components are reviewed and adjusted annually.
GICS Industry Groups
Automobiles and Components
Banks
Capital Goods
Commercial and Professional Services
Consumer Durables and Apparel
Consumer Services
Diversified Financials
Energy (Sector)
Food, Beverage, and Tobacco
Food and Staples Retailing
Health Care Equipment and Services
Household and Personal Products
Insurance
Materials (Sector)
Media and Entertainment
Pharmaceuticals, Biotechnology, and Life Sciences
Real Estate (Sector)
Retailing
Semiconductors and Semiconductor Equipment
Software and Services
Technology Hardware and Equipment
Telecommunication Services
Transportation
Utilities (Sector)
Industry Group Uses
Information Sharing
Research and Development (R&D)
Political lobbying
Popular Industry Group ETFs
Based on Average Volume
SPDR S&P Regional Banking ETF (KRE)
SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
VanEck Vectors Junior Gold Miners ETF
(GDXJ)
SPDR S&P Biotech ETF (XBI)
Invesco Senior Loan ETF (BKLN)
SPDR S&P Metals & Mining ETF (XME)
iShares Global Clean Energy ETF (ICLN)
U.S. Global Jets ETF (JETS)
VanEck Vectors Semiconductor ETF (SMH)
SPDR S&P Bank ETF (KBE)