Why You Might Edit It
Occasionally a holding arrives with the wrong sector or industry. Updating the classification ensures your reports, filters and groupings reflect reality.
Before You Start
Classification applies to this holding only. It will not change any other holding of the same code.
Updating classification affects report grouping and filters, not performance or CGT calculations.
Steps
Open the Holding
Go to your portfolio, select the holding, then open the Settings tab.
Choose A Classification
In Classification, open the menu and pick the correct sector or industry.
Save
Click Save. Your holding will now appear under the new group in reports and filters.
Where You’ll See The Change
Performance and activity reports that group by Sector or Industry
Filters on holdings and reports that use Classification
Tips For Clean Reporting
Stay consistent. Use the same sector or industry across all holdings of the same type.
Double-check ETFs and stapled securities. Providers may label these differently. Pick the group that best reflects how you want to view results.
Document your rule. Add a short note on the holding explaining why you chose a specific category. Future you will thank you.
ETFs and index funds: what should I pick?
Many ETFs hold companies across multiple sectors, but Classification is a single label. The goal is to keep your reports consistent and meaningful.
Broad-market or multi-sector index ETFs (A200, VAS, IOZ, IVV, VGS, NDQ, VDHG, DHHF, etc.)
Recommended: Financials → Capital Markets (treat it as an investment product rather than a sector exposure)
Avoid: Diversified Financial Services (that suggests the holding itself is mainly financial companies)
Single-sector ETFs (A-REIT ETFs, Banks ETFs, Healthcare ETFs, Resources/Miners ETFs)
Classify by the sector the ETF targets.
Bond ETFs (VAF, IAF, BND, etc.)
Recommended: Financials → Capital Markets
Optional (cleaner): use a Custom Holding Group like “Asset type: Bonds”
Commodity-backed funds (GOLD, PMGOLD, oil commodities, etc.)
Recommended: Financials → Capital Markets
Optional: use a Custom Holding Group like “Asset type: Commodities”
Tip: If you want perfect “look-through” sector exposure for ETFs, use a Custom Holding Group like Asset type (Broad index ETF, Sector ETF, Bonds, Commodities) and group charts by that.
FAQs
Does this change tax outcomes?
No. Classification is for grouping and display. It does not alter cost base, performance or Capital Gains Tax (CGT).
Can I bulk-edit classifications?
Open each holding and update its Settings. This keeps changes deliberate and accurate.
What if I cannot find a perfect match?
Choose the closest category that keeps your reports meaningful and consistent across the portfolio.
What should I choose for A200, VAS, VGS, IVV and other broad index ETFs?
Use Financials → Capital Markets (or the closest option). These ETFs are multi-sector, so forcing them into a single sector like Diversified Financial Services can distort your sector charts. Classification is only for grouping and filters.
Full classification list (as shown in Navexa)
Energy
Energy Equipment & Services
Oil, Gas & Consumable Fuels
Materials
Chemicals
Construction Materials
Containers & Packaging
Metals & Mining
Paper & Forest Products
Industrials
Aerospace & Defense
Building Products
Construction & Engineering
Electrical Equipment
Industrial Conglomerates
Machinery
Trading Companies & Distributors
Commercial Services & Supplies
Professional Services
Air Freight & Logistics
Airlines
Marine
Road & Rail
Transportation Infrastructure
Consumer Discretionary
Auto Components
Automobiles
Household Durables
Leisure Products
Textiles, Apparel & Luxury Goods
Hotels, Restaurants & Leisure
Diversified Consumer Services
Distributors
Internet & Direct Marketing Retail
Multiline Retail
Specialty Retail
Consumer Staples
Food & Staples Retailing
Beverages
Food Products
Tobacco
Household Products
Personal Products
Health Care
Health Care Equipment & Supplies
Health Care Providers & Services
Health Care Technology
Biotechnology
Pharmaceuticals
Life Sciences Tools & Services
Financials
Banks
Thrifts & Mortgage Finance
Diversified Financial Services
Financial Services
Consumer Finance
Capital Markets
Mortgage Real Estate Investment Trusts (REITs)
Insurance
Information Technology
IT Services
Software
Communications Equipment
Technology Hardware, Storage & Peripherals
Electronic Equipment, Instruments & Components
Semiconductors & Semiconductor Equipment
Communication Services
Diversified Telecommunication Services
Wireless Telecommunication Services
Media
Entertainment
Interactive Media & Services
Utilities
Electric Utilities
Gas Utilities
Multi-Utilities
Water Utilities
Independent Power and Renewable Electricity Producers
Real Estate
Equity Real Estate Investment Trusts (REITs)
Real Estate Management & Development
Industrial REITs
Hotel & Resort REITs
Office REITs
Health Care REITs
Residential REITs
Retail REITs
Specialized REITs