Asset сlass: Equity
Equity: Categories, Focuses, and Niches
The fund contains only equity securities. Equity is an ownership share in a business, with rights to participate in profit distribution and trade on a public exchange.
Equity ETFs are classified into three main Categories: Sector, where funds are based on specific industry segments; Size and Style, focusing on company sizes and investment approaches; and High Dividend Yield, targeting funds with dividend returns.
Category Sector:
In the Sector category, classification follows the Global Industry Classification Standard (GICS).
Each higher-level category strictly determines its specific subcategories, ensuring a precise classification for each ETF.
Focus | Niche |
---|---|
Communication services | Media & entertainment |
Interactive Media & Services | |
Broad-based | |
Consumer discretionary | Automobile manufacturers |
Hotels, restaurants & leisure | |
Hotels, resorts & cruise lines | |
Casinos & gaming | |
Broadline retail | |
Broad-based | |
Consumer staples | Food, beverage & tobacco |
Broad-based | |
Energy | Energy equipment & services |
MLPs | |
Oil & gas equipment & services | |
Oil & gas exploration & production | |
Oil & gas refining & marketing | |
Oil, gas & consumable fuels | |
Broad-based | |
Financials | Asset management & custody banks |
Banks | |
Capital markets | |
Diversified Banks | |
Financial Exchanges & Data | |
Financial services | |
Insurance | |
Mortgage REITs | |
Property & casualty insurance | |
Regional banks | |
Transaction & payment processing services | |
Broad-based | |
Health care | Biotechnology |
Health care equipment | |
Health care equipment & services | |
Health care equipment & supplies | |
Health care providers & services | |
Health care technology | |
Life sciences tools & services | |
Pharma, biotech & life sciences | |
Pharmaceuticals | |
Broad-based | |
Industrials | Auto |
Construction & engineering | |
Passenger airlines | |
Passenger ground transportation | |
Transportation | |
Broad-based | |
Information technology | Application software |
Communications equipment | |
Internet services & infrastructure | |
Semiconductors | |
Software | |
Software & services | |
Broad-based | |
Materials | Copper miners |
Diversified metals & mining | |
Gold miners | |
Metals & mining | |
Silver miners | |
Steel producers | |
Broad-based | |
Real estate | Specialized REITs |
REITs | |
Broad-based | |
Utilities | Electric Utilities |
Broad-based | |
Theme | 5G |
Agriculture | |
Big Tech | |
Blockchain | |
Broad technology | |
Broad thematic | |
Cannabis | |
Consumer | |
Cybersecurity | |
Digital economy | |
Environment | |
FinTech | |
Genomic advancements | |
Housing | |
Infrastructure | |
Internet | |
Low carbon | |
Millennials | |
Mobility | |
Natural resources | |
Nuclear energy | |
Remote work | |
Renewable energy | |
Robotics | |
Robotics & AI | |
Space | |
Telecoms | |
Timber | |
Video games & eSports | |
Water |
Category Size and Style:
These funds either replicate a large segment of the stock market or use it as a basis for stock selection, focusing on factors like company size or market capitalization.
Focus: This describes the size range of the companies within the fund, from total market to micro-cap. The fund's declared size in its prospectus or other materials is the primary reference.
Niche: This term describes a fund's style, which can be value, growth, or broad-based. If no style is specified, it's generally labeled as broad-based.
Focus | Niche |
---|---|
Extended market | Growth Value Broad-based |
Micro cap | |
Small cap | |
Mid cap | |
Large cap | |
Total market |
Category High Dividend Yield:
These funds prioritize high dividend yield. The goal should be clearly stated, such as aiming for above-average dividends.
Focus: All these funds are classified under the "High Dividend Yield" focus.
Niche: They are typically labeled as "Broad-Based" in terms of niche.