Summary
Sector identifies the main area of economic activity in which a company or bond issuer operates, such as financial services, property, industrials, or consumer businesses.
Why it matters
Companies within the same sector may be affected by similar economic conditions, regulations, costs, and market trends.
Sector information can also help investors review how concentrated or diversified a group of investments may be.
How to use it
Use Sector to filter and compare securities operating in similar parts of the economy. Sector classifications are broad and may not describe every activity carried out by a diversified company.