NOTICE: As of 2/2/2026, Morningstar has completed the acquisition of the Center for Research in Security Prices (CRSP). Learn more >>

Linkedin-in

Request Subscription Information

New Industry Classification Methodology Impact on CRSP US Sector Indexes

New Industry Classification Methodology Impact on CRSP US Sector Indexes

Aug 11, 2020

The paper compares performance of CRSP Sector Indexes using FTSE Industry Classification Benchmark (ICB®) to CRSP US Sector Indexes using enhanced FTSE Industry Classification Benchmark (EICB) based on backtested data for the past 11 years. The paper further explores impact of the new industry classification methodology, enhanced FTSE Industry Classification Benchmark (EICB), on specific CRSP Sector Indexes – Real Estate, Telecommunications, Consumer Discretionary and Consumer Staples.

Read Full Paper

News & Updates

CRSP Count™ Quarterly Update – December 2025

Using CRSP Market Indexes Methodology, CRSP Count™ tracks changes in the number of securities by market cap segments - Mega, Mid, Small and Micro - through time. [...]

CRSP Market Indexes US Market Update – Q4 2025

Notable items with this release include:
- December returns were fairly flat for Cap and Style Indexes
- Value outperformed Growth across the board in Q4, however, [...]

2026 CRSP Market Indexes Methodology Guide

The 2026 CRSP Market Indexes Methodology Guide is now available. [...]

CRSP Market Indexes Breakpoints for Q4 2025

CRSP Market Indexes (CRSPMI) announces the market cap breakpoints and effective ranking dates for its December 2025 quarterly index rebalancing. [...]

What’s New in CRSP’s September Ranking?

We’ve updated our methodology to exclude Passive Foreign Investment Companies (PFICs) from our CRSP Market Indexes—helping mitigate tax implications and improve investor outcomes. [...]

CRSP Mentioned in 1929: Inside the Greatest Crash in Wall Street History – And How It Shattered a Nation

CRSP is pleased to be recognized in Andrew Ross Sorkin’s new book, 1929: Inside the Greatest Crash in Wall Street History – And How It Shattered a Nation. [...]

What does it really mean to be passive in today’s U.S. equity market?

As U.S. equity markets evolve, so should the way they’re measured. In an article published by ETF.com, CRSP explores why traditional, fixed-constituent benchmarks may no longer capture the full dynamics [...]

CRSP Count™ Quarterly Update – September 2025

Using CRSP Market Indexes Methodology, CRSP Count™ tracks changes in the number of securities by market cap segments - Mega, Mid, Small and Micro - through time. [...]

Watch the ETFGI US Summit Panel: Are Index ETFs Still Relevant?

CRSP was proud to join industry leaders at the 6th Annual ETFGI US Summit in New York for a thoughtful discussion on the continued relevance and innovation of index ETFs. [...]
Scroll to top