# GICS Classification in Reports

**URL:** <https://community.sharesight.com/t/gics-classification-in-reports/1368>\
**Category:** Sharesight features\
**Created:** [22 July 2023 09:45 UTC](https://community.sharesight.com/t/gics-classification-in-reports/1368 "2023-07-22T09:45:48Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Stevo\_Perth](https://avatars.discourse-cdn.com/v4/letter/s/e274bd/32.png) [@Stevo\_Perth](https://community.sharesight.com/u/Stevo_Perth)\
**Post date:** [22 July 2023 09:45 UTC](https://community.sharesight.com/t/gics-classification-in-reports/1368/1 "2023-07-22T09:45:48Z")

</div>

Sharesight has some useful reports. When using the Diversity Report for example, one option is to report by Sector. Unfortunately the Sectors listed do not clearly correlate with the standard GICS Global Industry Classification System core 11 Sectors.  
I realize Sharesight is used in many countries but in Australia at least, most fund managers, ETF providers and commentators use the simple 11 core Sectors for reviewing asset allocation / diversity. Shouldn’t Sharesight use this too?  
For reference:

> **[Global Industry Classification Standard](https://en.wikipedia.org/wiki/Global_Industry_Classification_Standard)**
>
> The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries into which S&P has categorized all major public companies. The system is similar to ICB (Industry Classification Benchmark), a classification structure maintained by FTSE Group.
> GICS is used as a basis for S&P and MSCI financia...