Industry name Number of firms Annualized Jensen's Alpha (Last 5 years) Beta Correlation with the market
Advertising 52 -12.92% 1.21 21.00%
Aerospace/Defense 79 11.32% 0.95 31.79%
Air Transport 23 1.26% 1.19 29.16%
Apparel 35 -9.83% 0.94 26.60%
Auto & Truck 33 -12.00% 1.46 18.49%
Auto Parts 35 -8.95% 1.34 28.18%
Bank (Money Center) 15 10.52% 0.76 43.40%
Banks (Regional) 568 5.44% 0.40 24.85%
Beverage (Alcoholic) 14 7.60% 0.81 16.23%
Beverage (Soft) 27 2.43% 0.64 11.80%
Broadcasting 24 -11.19% 0.47 14.44%
Brokerage & Investment Banking 32 9.52% 1.17 46.66%
Building Materials 41 4.34% 1.11 39.00%
Business & Consumer Services 155 -0.28% 0.89 24.92%
Cable TV 9 -4.53% 0.74 21.90%
Chemical (Basic) 29 -6.81% 1.01 26.99%
Chemical (Diversified) 4 -1.81% 0.85 36.40%
Chemical (Specialty) 59 -2.03% 0.97 31.73%
Coal & Related Energy 16 26.02% 1.07 26.79%
Computer Services 64 2.78% 1.09 25.57%
Computers/Peripherals 36 2.42% 1.35 32.96%
Construction Supplies 40 9.37% 1.15 37.10%
Diversified 20 -16.22% 0.88 23.88%
Drugs (Biotechnology) 496 -8.40% 1.14 20.68%
Drugs (Pharmaceutical) 228 -6.20% 0.98 17.10%
Education 32 8.09% 0.78 24.48%
Electrical Equipment 112 -1.19% 1.25 24.70%
Electronics (Consumer & Office) 8 -16.11% 0.87 19.00%
Electronics (General) 114 1.72% 0.97 29.97%
Engineering/Construction 48 17.30% 1.21 40.25%
Entertainment 92 -1.99% 0.83 20.13%
Environmental & Waste Services 53 -8.03% 0.95 17.55%
Farming/Agriculture 35 -8.59% 1.13 23.75%
Financial Svcs. (Non-bank & Insurance) 176 1.38% 0.97 27.86%
Food Processing 78 -1.75% 0.61 12.50%
Food Wholesalers 13 13.24% 0.87 22.09%
Furn/Home Furnishings 27 -7.06% 0.82 23.83%
Green & Renewable Energy 15 -14.06% 0.86 18.07%
Healthcare Products 204 -7.86% 0.91 21.22%
Healthcare Support Services 104 -4.37% 0.87 17.27%
Heathcare Information and Technology 115 -10.77% 1.11 24.73%
Homebuilding 30 6.46% 0.91 27.97%
Hospitals/Healthcare Facilities 31 5.91% 0.80 19.70%
Hotel/Gaming 63 -0.64% 1.08 30.17%
Household Products 110 2.49% 0.82 14.40%
Information Services 15 -1.91% 0.92 26.22%
Insurance (General) 21 -5.11% 0.67 18.50%
Insurance (Life) 20 4.41% 0.64 33.07%
Insurance (Prop/Cas.) 57 6.80% 0.48 21.73%
Investments & Asset Management 283 -0.08% 0.66 26.14%
Machinery 105 7.27% 0.96 36.31%
Metals & Mining 73 5.69% 1.04 15.65%
Office Equipment & Services 14 5.45% 1.33 31.74%
Oil/Gas (Integrated) 4 14.11% 0.30 20.84%
Oil/Gas (Production and Exploration) 142 7.17% 0.72 18.81%
Oil/Gas Distribution 23 7.61% 0.67 26.65%
Oilfield Svcs/Equip. 97 13.13% 0.95 27.26%
Packaging & Container 19 -4.99% 1.02 34.63%
Paper/Forest Products 6 -8.18% 0.96 29.14%
Power 46 7.82% 0.48 17.79%
Precious Metals 56 5.50% 0.84 14.03%
Publishing & Newspapers 19 3.26% 0.56 25.20%
R.E.I.T. 190 -5.28% 0.64 28.88%
Real Estate (Development) 14 6.82% 0.84 17.74%
Real Estate (General/Diversified) 12 -4.18% 0.81 17.16%
Real Estate (Operations & Services) 54 -5.75% 0.97 22.78%
Recreation 49 -7.36% 1.02 27.89%
Reinsurance 1 9.88% 0.58 43.47%
Restaurant/Dining 64 -4.69% 0.92 24.03%
Retail (Automotive) 34 -2.15% 0.94 27.78%
Retail (Building Supply) 14 -8.74% 1.54 43.66%
Retail (Distributors) 62 9.99% 0.95 32.33%
Retail (General) 23 4.74% 0.81 28.27%
Retail (Grocery and Food) 15 2.72% 1.12 17.43%
Retail (REITs) 26 2.05% 0.62 30.70%
Retail (Special Lines) 94 -0.49% 1.09 24.88%
Rubber& Tires 3 -3.51% 0.53 20.11%
Semiconductor 66 4.11% 1.52 42.31%
Semiconductor Equip 31 8.33% 1.40 45.06%
Shipbuilding & Marine 8 4.57% 0.75 39.59%
Shoe 11 -0.14% 1.02 27.98%
Software (Entertainment) 77 -10.38% 1.03 23.47%
Software (Internet) 29 1.75% 1.69 30.40%
Software (System & Application) 309 -6.27% 1.28 26.89%
Steel 19 20.87% 1.06 40.88%
Telecom (Wireless) 12 -7.00% 0.54 16.81%
Telecom. Equipment 57 2.30% 0.92 26.65%
Telecom. Services 39 6.14% 0.63 11.98%
Tobacco 10 -1.40% 0.79 13.15%
Transportation 19 -1.75% 0.86 32.27%
Transportation (Railroads) 4 -0.91% 0.98 50.27%
Trucking 26 -0.37% 1.01 36.24%
Utility (General) 14 3.65% 0.24 15.31%
Utility (Water) 14 -8.22% 0.41 14.88%
Total Market 5994 0.31% 0.91 24.91%
Total Market (without financials) 4822 -0.54% 0.99 24.56%