Industry Group US TSR Medians for Performance-Related Policy
The list below identifies the median one-year and three-year total shareholder returns1 (TSR) for each respective Global Industry Classification Standard (GICS®)2group as of the end of the most recent calendar quarter. This list is solely for informational purposes.
Company performance relative to industry medians is incorporated into ISS’ evaluation of shareholder proposals seeking an independent chair and for ISS’ evaluation of director performance. However, the TSR sector medians in our reports are updated monthly and align with the subject company’s fiscal year end.
AS OF DEC 31, 2022
| GICs | Industry Group | MedianOneYrGICS | MedianThreeYrGICS | MedianFiveYrGICS | currentDate |
|---|---|---|---|---|---|
| 1010 | Energy | 52.29 | 17.12 | 3.82 | 12/31/22 |
| 1510 | Materials | -9.27 | 7.96 | 4.04 | 12/31/22 |
| 2010 | Capital Goods | -8.06 | 9.69 | 6.74 | 12/31/22 |
| 2020 | Commercial & Professional Services | -13.13 | 3.92 | 7.29 | 12/31/22 |
| 2030 | Transportation | -15.92 | 7.85 | 4.48 | 12/31/22 |
| 2510 | Automobiles & Components | -29.56 | 0.22 | -1.38 | 12/31/22 |
| 2520 | Consumer Durables & Apparel | -33.35 | 4.45 | 2.11 | 12/31/22 |
| 2530 | Consumer Services | -17.69 | 0.71 | 2.7 | 12/31/22 |
| 2550 | Retailing | -32.18 | 6.25 | 6.83 | 12/31/22 |
| 3010 | Food & Staples Retailing | -0.4 | 6.1 | 6.8 | 12/31/22 |
| 3020 | Food, Beverage & Tobacco | 2.8 | 7.11 | 5.84 | 12/31/22 |
| 3030 | Household & Personal Products | -18.48 | 4.55 | 1.49 | 12/31/22 |
| 3510 | Health Care Equipment & Services | -22.12 | 3.32 | 8.61 | 12/31/22 |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | -35.64 | -4.13 | -0.4 | 12/31/22 |
| 4010 | Banks | -6.65 | 3.01 | 2.71 | 12/31/22 |
| 4020 | Diversified Financials | -20.35 | 4.5 | 5.87 | 12/31/22 |
| 4030 | Insurance | 3.91 | 5.54 | 6.56 | 12/31/22 |
| 4510 | Software & Services | -34.82 | 0.65 | 7.62 | 12/31/22 |
| 4520 | Technology Hardware & Equipment | -22.18 | 5.17 | 5.1 | 12/31/22 |
| 4530 | Semiconductors & Semiconductor Equipment | -34.27 | 12.26 | 13.66 | 12/31/22 |
| 5010 | Telecommunication Services | -33.37 | -5.06 | -1.26 | 12/31/22 |
| 5020 | Media & Entertainment | -33.2 | -6.13 | -1.62 | 12/31/22 |
| 5510 | Utilities | 1.25 | 3.25 | 7.12 | 12/31/22 |
| 6010 | Real Estate | -25.68 | -3.15 | 1.59 | 12/31/22 |
AS OF SEP 30, 2022
| GICs | Industry Group | MedianOneYrGICS | MedianThreeYrGICS | MedianFiveYrGICS | currentDate |
|---|---|---|---|---|---|
| 1010 | Energy | 24.79 | 13.25 | 2.46 | 9/30/22 |
| 1510 | Materials | -15.49 | 5.72 | 2.01 | 9/30/22 |
| 2010 | Capital Goods | -14.36 | 6.02 | 4.79 | 9/30/22 |
| 2020 | Commercial & Professional Services | -20.24 | 2.9 | 5.98 | 9/30/22 |
| 2030 | Transportation | -12.67 | 7.22 | 4.19 | 9/30/22 |
| 2510 | Automobiles & Components | -25.78 | 1.48 | -3.38 | 9/30/22 |
| 2520 | Consumer Durables & Apparel | -32.05 | 0.15 | 1.2 | 9/30/22 |
| 2530 | Consumer Services | -26.4 | -0.28 | 0.82 | 9/30/22 |
| 2550 | Retailing | -33.8 | 4.84 | 5.58 | 9/30/22 |
| 3010 | Food & Staples Retailing | -3.36 | 6.71 | 8.16 | 9/30/22 |
| 3020 | Food, Beverage & Tobacco | -2.11 | 3.46 | 5.56 | 9/30/22 |
| 3030 | Household & Personal Products | -20.09 | -0.11 | 1.66 | 9/30/22 |
| 3510 | Health Care Equipment & Services | -26.2 | 5.23 | 6.64 | 9/30/22 |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | -38.27 | 4.64 | -1.75 | 9/30/22 |
| 4010 | Banks | -6.21 | 4.13 | 1.88 | 9/30/22 |
| 4020 | Diversified Financials | -24.98 | 4.33 | 4.86 | 9/30/22 |
| 4030 | Insurance | -5.58 | 1.54 | 3.69 | 9/30/22 |
| 4510 | Software & Services | -34.62 | 0.82 | 7.59 | 9/30/22 |
| 4520 | Technology Hardware & Equipment | -19.57 | 5.73 | 4.76 | 9/30/22 |
| 4530 | Semiconductors & Semiconductor Equipment | -23.88 | 20.72 | 13.51 | 9/30/22 |
| 5010 | Telecommunication Services | -33.91 | -4.39 | -2.78 | 9/30/22 |
| 5020 | Media & Entertainment | -40.59 | -4.76 | -1.73 | 9/30/22 |
| 5510 | Utilities | -0.55 | -0.37 | 5.86 | 9/30/22 |
| 6010 | Real Estate | -20.37 | -3.85 | 1.07 | 9/30/22 |
AS OF JUN 30, 2022
| GICs | Industry Group | MedianOneYrGICS | MedianThreeYrGICS | MedianFiveYrGICS | currentDate |
|---|---|---|---|---|---|
| 1010 | Energy | 18.26 | 7.95 | 3.17 | 6/30/22 |
| 1510 | Materials | -14.3 | 7.46 | 5.2 | 6/30/22 |
| 2010 | Capital Goods | -17.55 | 7.08 | 6.46 | 6/30/22 |
| 2020 | Commercial & Professional Services | -8.23 | 4.43 | 9 | 6/30/22 |
| 2030 | Transportation | -8.73 | 9.98 | 8.43 | 6/30/22 |
| 2510 | Automobiles & Components | -32.71 | 3.55 | -0.89 | 6/30/22 |
| 2520 | Consumer Durables & Apparel | -33.27 | 6.01 | 3.09 | 6/30/22 |
| 2530 | Consumer Services | -27.96 | -4.32 | 2.34 | 6/30/22 |
| 2550 | Retailing | -41.31 | 5.33 | 7.49 | 6/30/22 |
| 3010 | Food & Staples Retailing | 8.72 | 9.39 | 10.91 | 6/30/22 |
| 3020 | Food, Beverage & Tobacco | 1.33 | 7.13 | 6.38 | 6/30/22 |
| 3030 | Household & Personal Products | -19.31 | 6.24 | 2.45 | 6/30/22 |
| 3510 | Health Care Equipment & Services | -27.31 | -0.32 | 6.49 | 6/30/22 |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | -54.17 | -13.27 | -5.15 | 6/30/22 |
| 4010 | Banks | -4.63 | 3.88 | 3.14 | 6/30/22 |
| 4020 | Diversified Financials | -19.58 | 6.38 | 7.32 | 6/30/22 |
| 4030 | Insurance | 4.49 | 5.41 | 5.64 | 6/30/22 |
| 4510 | Software & Services | -30.29 | 2.82 | 9.58 | 6/30/22 |
| 4520 | Technology Hardware & Equipment | -18.83 | 8.81 | 7.41 | 6/30/22 |
| 4530 | Semiconductors & Semiconductor Equipment | -22.77 | 22.51 | 15.57 | 6/30/22 |
| 5010 | Telecommunication Services | -20.36 | -0.01 | -2.71 | 6/30/22 |
| 5020 | Media & Entertainment | -37.44 | -5.73 | -1.55 | 6/30/22 |
| 5510 | Utilities | 9.38 | 5.03 | 7.3 | 6/30/22 |
| 6010 | Real Estate | -10.38 | 1.72 | 4.54 | 6/30/22 |
AS OF MAR 31, 2022
| GICs | Industry Group | MedianOneYrGICS | MedianThreeYrGICS | MedianFiveYrGICS | currentDate |
|---|---|---|---|---|---|
| 1010 | Energy | 54.19 | 7.39 | 2.08 | 03/31/2022 |
| 1510 | Materials | 9.63 | 15.38 | 8.43 | 03/31/2022 |
| 2010 | Capital Goods | -4.51 | 13.19 | 10.13 | 03/31/2022 |
| 2020 | Commercial & Professional Services | 8.69 | 7.58 | 7.94 | 03/31/2022 |
| 2030 | Transportation | 3.53 | 12.1 | 10.76 | 03/31/2022 |
| 2510 | Automobiles & Components | -19.3 | 10.17 | 2.19 | 03/31/2022 |
| 2520 | Consumer Durables & Apparel | -18.91 | 12.6 | 6.91 | 03/31/2022 |
| 2530 | Consumer Services | -4.23 | 4.71 | 9.59 | 03/31/2022 |
| 2550 | Retailing | -18.45 | 11.55 | 13.06 | 03/31/2022 |
| 3010 | Food & Staples Retailing | 11.31 | 16.33 | 8.48 | 03/31/2022 |
| 3020 | Food, Beverage & Tobacco | 5.66 | 9.86 | 7.38 | 03/31/2022 |
| 3030 | Household & Personal Products | -14.16 | 3.97 | 3.11 | 03/31/2022 |
| 3510 | Health Care Equipment & Services | -6.99 | 11.81 | 10.85 | 03/31/2022 |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | -36.22 | -3.97 | 1.04 | 03/31/2022 |
| 4010 | Banks | 5.16 | 9.11 | 5.51 | 03/31/2022 |
| 4020 | Diversified Financials | 10.43 | 15.93 | 12.54 | 03/31/2022 |
| 4030 | Insurance | 16.84 | 12.52 | 8.77 | 03/31/2022 |
| 4510 | Software & Services | -7.09 | 10.15 | 17.13 | 03/31/2022 |
| 4520 | Technology Hardware & Equipment | 1.31 | 15.5 | 10.07 | 03/31/2022 |
| 4530 | Semiconductors & Semiconductor Equipment | 5.3 | 37.04 | 21.51 | 03/31/2022 |
| 5010 | Telecommunication Services | -8.28 | -0.59 | -2.78 | 03/31/2022 |
| 5020 | Media & Entertainment | -12.78 | 1.7 | 4.18 | 03/31/2022 |
| 5510 | Utilities | 17.97 | 7.86 | 9.39 | 03/31/2022 |
| 6010 | Real Estate | 19.1 | 7.34 | 7.16 | 03/31/2022 |
AS OF DEC 31, 2021
| GICs | Industry Group | MedianOneYrGICS | MedianThreeYrGICS | MedianFiveYrGICS | currentDate |
|---|---|---|---|---|---|
| 1010 | Energy | 46.05 | 2.95 | -3.5 | 12/31/21 |
| 1510 | Materials | 21.79 | 20.89 | 10.27 | 12/31/21 |
| 2010 | Capital Goods | 19.94 | 23.09 | 13.67 | 12/31/21 |
| 2020 | Commercial & Professional Services | 18.13 | 15.76 | 9.63 | 12/31/21 |
| 2030 | Transportation | 25.72 | 24.11 | 13.92 | 12/31/21 |
| 2510 | Automobiles & Components | 18.4 | 22.62 | 5.42 | 12/31/21 |
| 2520 | Consumer Durables & Apparel | 23.41 | 21.88 | 10.63 | 12/31/21 |
| 2530 | Consumer Services | 15.25 | 10.67 | 10.54 | 12/31/21 |
| 2550 | Retailing | 32.55 | 27.59 | 15.13 | 12/31/21 |
| 3010 | Food & Staples Retailing | 29.62 | 12.2 | 7.61 | 12/31/21 |
| 3020 | Food, Beverage & Tobacco | 15.89 | 15.28 | 8.64 | 12/31/21 |
| 3030 | Household & Personal Products | 14.25 | 15.35 | 8.59 | 12/31/21 |
| 3510 | Health Care Equipment & Services | 10.88 | 18.64 | 15.25 | 12/31/21 |
| 3520 | Pharmaceuticals, Biotechnology & Life Sciences | -18.23 | 8.12 | 8.54 | 12/31/21 |
| 4010 | Banks | 38.04 | 12.97 | 5.09 | 12/31/21 |
| 4020 | Diversified Financials | 35.97 | 24.08 | 14.16 | 12/31/21 |
| 4030 | Insurance | 19.16 | 12.88 | 8.02 | 12/31/21 |
| 4510 | Software & Services | 3.71 | 22.45 | 21.17 | 12/31/21 |
| 4520 | Technology Hardware & Equipment | 22.56 | 24.24 | 13.83 | 12/31/21 |
| 4530 | Semiconductors & Semiconductor Equipment | 44.71 | 50.96 | 26 | 12/31/21 |
| 5010 | Telecommunication Services | 12.13 | 2.34 | -2.12 | 12/31/21 |
| 5020 | Media & Entertainment | -1.82 | 7.7 | 6.42 | 12/31/21 |
| 5510 | Utilities | 18.43 | 11.09 | 8.96 | 12/31/21 |
| 6010 | Real Estate | 33.68 | 14.03 | 6.86 | 12/31/21 |
1ISS utilizes S&P’s Compustat database for TSR calculated values. The Total Return concepts are annualized rates of return reflecting price appreciation plus reinvestment of dividends (calculated monthly) and the compounding effect of dividends paid on reinvested dividends.
2GICS® is a registered servicemark of MSCI Inc. and Standard & Poors.
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