2020-2021 WHARTON GLOBAL HIGH SCHOOL INVESTMENT COMPETITION
Approved Stock List
Updated September 26, 2020.
• To ensure portfolio diversity, your team must invest in at least
as many business sectors as you have team members.
• Trading outside this list is not allowed and will result in team
disqualification.
• The WInS simulation for the Wharton Global High School
Investment Competition gives you direct access to this
Approved Stock List when placing trades.
• This data is based on the Russell Global Sectors (RGS)
classification system, which provides a consistent global view
by industry.*
2020-2021 Wharton Global High School Investment Competition Approved Stock List

CONSUMER DISCRETIONARY
EQUITY RUSSELL RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Abercrombie & Fitch ANF New York Stock Small Value Retail Specialty retail
Co Exchange, Inc.
Acorn International ATV New York Stock Not Available Media Advertising
Inc Exchange, Inc. agencies
Amazon.com Inc AMZN Nasdaq Large Growth Retail Diversified retail
American Eagle AEO New York Stock Small Value Retail Specialty retail
Outfitters Inc Exchange, Inc.
Aptiv PLC APTV New York Stock Mid Growth Auto & Auto Parts Auto parts
Exchange, Inc.
Avon Products Inc AVP New York Stock Small Growth Consumer Products Cosmetics
Exchange, Inc.
B2W - Companhia BTOW3 B3 S.A. - Brasil, Bolsa, Large Growth Retail Diversified retail
Digital Balcão
Bajaj Auto Ltd 532977 BSE LTD Large Blend Leisure Recreational
vehicles and boats
Barnes & Noble BNED New York Stock Small Blend Retail Specialty retail
Education Inc Exchange, Inc.
Bata India Ltd 500043 BSE LTD Mid Growth Consumer Products Textiles apparel
and shoes
Bed Bath & Beyond BBBY Nasdaq Small Value Retail Specialty retail
Inc
Best Buy Co Inc BBY New York Stock Mid Value Retail Specialty retail
Exchange, Inc.
BorgWarner Inc BWA New York Stock Mid Value Auto & Auto Parts Auto parts
Exchange, Inc.
Bosch Ltd 500530 BSE LTD Large Value Auto & Auto Parts Auto parts
Boyd Group Services BYD Toronto Stock Exchange Mid Growth Auto & Auto Parts Auto services
Inc
Build-A-Bear BBW New York Stock Small Value Retail Specialty retail
Workshop Inc Exchange, Inc.
Burlington Stores Inc BURL New York Stock Mid Growth Retail Specialty retail
Exchange, Inc.
Canada Goose GOOS Toronto Stock Exchange Mid Growth Consumer Products Textiles apparel
Holdings Inc and shoes
CarMax Inc KMX New York Stock Mid Growth Retail Specialty retail
Exchange, Inc.
Carnival PLC CCL London Stock Exchange Small Value Leisure Leisure time
Cheesecake Factory CAKE Nasdaq Small Value Leisure Restaurants
Inc
China Automotive CAAS Nasdaq Small Value Auto & Auto Parts Auto parts
Systems Inc

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
China Tourism Group 601888 Shanghai Stock Exchange Large Growth Leisure Hotel/motel
Duty Free Corp Ltd
Chipotle Mexican Grill CMG New York Stock Large Growth Leisure Restaurants
Inc Exchange, Inc.
Comcast Corp CMCSA Nasdaq Large Value Media Cable television
services
Compass Group PLC CPG London Stock Exchange Large Blend Consumer Services Vending and
catering services
Core-Mark Holding CORE Nasdaq Small Blend Retail Diversified retail
Co Inc
Costco Wholesale COST Nasdaq Large Blend Retail Diversified retail
Corp
Daily Journal Corp DJCO Nasdaq Small Growth Media Publishing
Dollar General Corp DG New York Stock Large Blend Retail Diversified retail
Exchange, Inc.
Dollar Tree Inc DLTR Nasdaq Mid Blend Retail Diversified retail
Dollarama Inc DOL Toronto Stock Exchange Mid Growth Retail Diversified retail
Domino’s Pizza Inc DPZ New York Stock Mid Growth Leisure Restaurants
Exchange, Inc.
Foot Locker Inc FL New York Stock Small Blend Retail Specialty retail
Exchange, Inc.
Ford Motor Co F New York Stock Large Value Auto & Auto Parts Automobiles
Exchange, Inc.
Gap Inc GPS New York Stock Mid Value Retail Specialty retail
Exchange, Inc.
General Motors Co GM New York Stock Large Blend Auto & Auto Parts Automobiles
Exchange, Inc.
H&R Block Inc HRB New York Stock Small Value Consumer Services Consumer services:
Exchange, Inc. Miscellaneous
Harley-Davidson Inc HOG New York Stock Small Value Leisure Recreational
Exchange, Inc. vehicles and boats
Hasbro Inc HAS Nasdaq Mid Blend Consumer Products Toys
Hero MotoCorp Ltd 500182 BSE LTD Large Value Leisure Recreational
vehicles and boats
Hibbett Sports Inc HIBB Nasdaq Small Blend Retail Specialty retail
Honda Motor Co Ltd HMC New York Stock Large Value Auto & Auto Parts Automobiles
Exchange, Inc.
Hostelworld Group HSW London Stock Exchange Small Value Leisure Leisure time
PLC
Hyatt Hotels Corp H New York Stock Mid Blend Leisure Hotel/motel
Exchange, Inc.

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Imax Corp IMAX New York Stock Small Growth Media Entertainment
Exchange, Inc.
InterContinental IHG London Stock Exchange Mid Blend Leisure Hotel/motel
Hotels Group PLC
Jubilant Foodworks 533155 BSE LTD Mid Growth Leisure Restaurants
Ltd
Lands’ End Inc LE Nasdaq Small Blend Retail Diversified retail
Las Vegas Sands Corp LVS New York Stock Large Value Leisure Casinos and
Exchange, Inc. gambling
LCI Industries Inc LCII New York Stock Small Growth Leisure Recreational
Exchange, Inc. vehicles and boats
Localiza Rent A Car SA RENT3 B3 S.A. - Brasil, Bolsa, Large Growth Consumer Services Rental and leasing
Balcão services: Consumer
Lojas Americanas SA LAME4 B3 S.A. - Brasil, Bolsa, Large Growth Retail Diversified retail
Balcão
Lojas Renner SA LREN3 B3 S.A. - Brasil, Bolsa, Large Growth Retail Diversified retail
Balcão
Lookers PLC LOOK London Stock Exchange Small Value Retail Specialty retail
Lululemon Athletica LULU Nasdaq Large Growth Consumer Products Textiles apparel
Inc and shoes
Lyft Inc LYFT Nasdaq Not Available Consumer Services Consumer services:
Miscellaneous
Macy’s Inc M New York Stock Small Value Retail Diversified retail
Exchange, Inc.
Magazine Luiza SA MGLU3 B3 S.A. - Brasil, Bolsa, Large Growth Retail Diversified retail
Balcão
Mahindra & Mahindra 500520 BSE LTD Large Blend Auto & Auto Parts Automobiles
Ltd
Marriott International MAR Nasdaq Large Value Leisure Hotel/motel
Inc
Maruti Suzuki India 532500 BSE LTD Large Blend Auto & Auto Parts Automobiles
Ltd
Mattel Inc MAT Nasdaq Small Blend Consumer Products Toys
McDonald’s Corp MCD New York Stock Large Blend Leisure Restaurants
Exchange, Inc.
Midea Group Co Ltd 000333 Shenzhen Stock Exchange Large Blend Consumer Products Household
appliances
Movado Group Inc MOV New York Stock Small Value Consumer Products Luxury items
Exchange, Inc.
New Oriental EDU New York Stock Not Available Consumer Services Education services
Education & Exchange, Inc.
Technology Group Inc
Next PLC NXT London Stock Exchange Mid Blend Retail Diversified retail

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Nike Inc NKE New York Stock Large Growth Consumer Products Textiles apparel
Exchange, Inc. and shoes
Norwegian Cruise Line NCLH New York Stock Mid Blend Leisure Leisure time
Holdings Ltd Exchange, Inc.
On The Beach Group OTB London Stock Exchange Small Growth Leisure Leisure time
PLC
Papa John’s PZZA Nasdaq Small Growth Leisure Restaurants
International Inc
Pearson PLC PSON London Stock Exchange Mid Value Consumer Services Education services
Planet Fitness Inc PLNT New York Stock Mid Growth Leisure Leisure time
Exchange, Inc.
Red Lion Hotels Corp RLH New York Stock Small Blend Leisure Hotel/motel
Exchange, Inc.
Restaurant Brands QSR Toronto Stock Exchange Large Blend Leisure Restaurants
International Inc
Revlon Inc REV New York Stock Small Value Consumer Products Cosmetics
Exchange, Inc.
Ritchie Bros RBA New York Stock Mid Growth Consumer Services Consumer services:
Auctioneers Inc Exchange, Inc. Miscellaneous
Sirius XM Holdings SIRI Nasdaq Large Blend Media Radio and TV
Inc broadcasters
Smith & Wesson SWBI Nasdaq Small Blend Leisure Leisure time
Brands Inc
Starbucks Corp SBUX Nasdaq Large Blend Leisure Restaurants
Stitch Fix Inc SFIX Nasdaq Small Growth Retail Diversified retail
Tailored Brands Inc TLRD New York Stock Small Value Retail Specialty retail
Exchange, Inc.
TAL Education Group TAL New York Stock Not Available Consumer Services Education services
Exchange, Inc.
Target Corp TGT New York Stock Large Blend Retail Diversified retail
Exchange, Inc.
Tata Motors Ltd 500570 BSE LTD Large Value Auto & Auto Parts Automobiles
Tesla Inc TSLA Nasdaq Large Growth Auto & Auto Parts Automobiles
Texas Roadhouse Inc TXRH Nasdaq Small Growth Leisure Restaurants
The Container Store TCS New York Stock Small Value Retail Specialty retail
Group Inc Exchange, Inc.
The Estee Lauder EL New York Stock Large Blend Consumer Products Cosmetics
Companies Inc Exchange, Inc.
The Walt Disney Co DIS New York Stock Large Blend Media Entertainment
Exchange, Inc.
The Wendy’s Co WEN Nasdaq Mid Blend Leisure Restaurants
Tiffany & Co TIF New York Stock Mid Blend Consumer Products Luxury items
Exchange, Inc.

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Titan Co Ltd 500114 BSE LTD Large Growth Consumer Products Luxury items
TJX Companies Inc TJX New York Stock Large Blend Retail Specialty retail
Exchange, Inc.
Toyota Motor Corp TM New York Stock Large Value Auto & Auto Parts Automobiles
Exchange, Inc.
Uber Technologies Inc UBER New York Stock Not Available Consumer Services Consumer services:
Exchange, Inc. Miscellaneous
Ulta Beauty Inc ULTA Nasdaq Mid Growth Retail Specialty retail
Under Armour Inc UAA New York Stock Mid Blend Consumer Products Textiles apparel
Exchange, Inc. and shoes
Urban Outfitters Inc URBN Nasdaq Small Value Retail Specialty retail
Vera Bradley Inc VRA Nasdaq Small Blend Consumer Products Textiles apparel
and shoes
VF Corp VFC New York Stock Mid Blend Consumer Products Textiles apparel
Exchange, Inc. and shoes
Whitbread PLC WTB London Stock Exchange Mid Blend Leisure Restaurants
Wyndham WYND New York Stock Small Value Leisure Hotel/motel
Destinations Inc Exchange, Inc.
Yum Brands Inc YUM New York Stock Large Blend Leisure Restaurants
Exchange, Inc.

CONSUMER STAPLES
EQUITY RUSSELL RUSSELL INDUST
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RY
Alimentation Couche- ATD.B Toronto Stock Exchange Large Growth Personal Care, Drug Drug and grocery
Tard Inc & Grocery Stores store chains
Ambev SA ABEV3 B3 S.A. - Brasil, Bolsa, Large Blend Food, Beverage & Beverage: Brewers
Balcão Tobacco and distillers
Atacadao SA CRFB3 B3 S.A. - Brasil, Bolsa, Large Blend Personal Care, Drug Drug and grocery
Balcão & Grocery Stores store chains
BRF SA BRFS3 B3 S.A. - Brasil, Bolsa, Mid Blend Food, Beverage & Foods
Balcão Tobacco
Campbell Soup Co CPB New York Stock Mid Value Food, Beverage & Foods
Exchange, Inc. Tobacco
Casey’s General Stores CASY Nasdaq Mid Growth Personal Care, Drug Drug and grocery
Inc & Grocery Stores store chains
Coca-Cola Co KO New York Stock Large Value Food, Beverage & Beverage: Soft
Exchange, Inc. Tobacco drinks

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL INDUST

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RY
Colgate-Palmolive Co CL New York Stock Large Value Personal Care, Drug Personal care
Exchange, Inc. & Grocery Stores
Companhia Brasileira PCAR4 B3 S.A. - Brasil, Bolsa, Mid Value Personal Care, Drug Drug and grocery
De Distribuicao Balcão & Grocery Stores store chains
Corteva Inc CTVA New York Stock Not Available Food, Beverage & Foods
Exchange, Inc. Tobacco
CVS Health Corp CVS New York Stock Large Value Personal Care, Drug Drug and grocery
Exchange, Inc. & Grocery Stores store chains
General Mills Inc GIS New York Stock Large Value Food, Beverage & Foods
Exchange, Inc. Tobacco
Godrej Agrovet Ltd 540743 BSE LTD Mid Blend Food, Beverage & Agriculture fishing
Tobacco and ranching
Godrej Consumer 532424 BSE LTD Large Blend Personal Care, Drug Personal care
Products Ltd & Grocery Stores
Hindustan Unilever 500696 BSE LTD Large Growth Personal Care, Drug Personal care
Ltd & Grocery Stores
ITC Ltd 500875 BSE LTD Large Blend Food, Beverage & Tobacco
Tobacco
J&J Snack Foods Corp JJSF Nasdaq Small Growth Food, Beverage & Foods
Tobacco
JBS SA JBSS3 B3 S.A. - Brasil, Bolsa, Large Blend Food, Beverage & Foods
Balcão Tobacco
Kellogg Co K New York Stock Mid Value Food, Beverage & Foods
Exchange, Inc. Tobacco
Keurig Dr Pepper Inc KDP New York Stock Large Blend Food, Beverage & Beverage: Soft
Exchange, Inc. Tobacco drinks
Kweichow Moutai Co 600519 Shanghai Stock Exchange Large Growth Food, Beverage & Beverage: Brewers
Ltd Tobacco and distillers
M Dias Branco SA MDIA3 B3 S.A. - Brasil, Bolsa, Mid Growth Food, Beverage & Foods
Industria e Comercio Balcão Tobacco
de Alimentos
McCormick & Co Inc MKC New York Stock Large Blend Food, Beverage & Foods
Exchange, Inc. Tobacco
McKesson Corp MCK New York Stock Large Value Personal Care, Drug Drug and grocery
Exchange, Inc. & Grocery Stores store chains
Molson Coors TAP New York Stock Mid Value Food, Beverage & Beverage: Brewers
Beverage Co Exchange, Inc. Tobacco and distillers
Monster Beverage MNST Nasdaq Large Growth Food, Beverage & Beverage: Soft
Corp Tobacco drinks
National Beverage FIZZ Nasdaq Small Growth Food, Beverage & Beverage: Soft
Corp Tobacco drinks
Natura Cosmeticos SA NATU3 B3 S.A. - Brasil, Bolsa, Large Growth Personal Care, Drug Personal care
Balcão & Grocery Stores

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL INDUST

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RY
Nestle India Ltd 500790 BSE LTD Large Growth Food, Beverage & Foods
Tobacco
PepsiCo Inc PEP Nasdaq Large Value Food, Beverage & Beverage: Soft
Tobacco drinks
Procter & Gamble Co PG New York Stock Large Value Personal Care, Drug Personal care
Exchange, Inc. & Grocery Stores
Raia Drogasil SA RADL3 B3 S.A. - Brasil, Bolsa, Large Growth Personal Care, Drug Drug and grocery
Balcão & Grocery Stores store chains
Reckitt Benckiser RB. London Stock Exchange Large Blend Personal Care, Drug Personal care
Group PLC & Grocery Stores
Rite Aid Corp RAD New York Stock Small Value Personal Care, Drug Drug and grocery
Exchange, Inc. & Grocery Stores store chains
Sainsbury (J) PLC SBRY London Stock Exchange Mid Value Personal Care, Drug Drug and grocery
& Grocery Stores store chains
Sprouts Farmers SFM Nasdaq Small Blend Personal Care, Drug Drug and grocery
Market Inc & Grocery Stores store chains
Sysco Corp SYY New York Stock Large Value Food, Beverage & Foods
Exchange, Inc. Tobacco
The Hershey Co HSY New York Stock Large Blend Food, Beverage & Foods
Exchange, Inc. Tobacco
Tootsie Roll Industries TR New York Stock Small Blend Food, Beverage & Foods
Inc Exchange, Inc. Tobacco
Treehouse Foods Inc THS New York Stock Small Value Food, Beverage & Foods
Exchange, Inc. Tobacco
Tyson Foods Inc TSN New York Stock Mid Value Food, Beverage & Foods
Exchange, Inc. Tobacco
Unilever PLC ULVR London Stock Exchange Large Value Personal Care, Drug Personal care
& Grocery Stores
Unilever PLC UL New York Stock Large Value Personal Care, Drug Personal care
Exchange, Inc. & Grocery Stores
United Natural Foods UNFI New York Stock Small Value Food, Beverage & Foods
Inc Exchange, Inc. Tobacco
WD-40 Co WDFC Nasdaq Small Blend Personal Care, Drug Personal care
& Grocery Stores
Wuliangye Yibin Co 000858 Shenzhen Stock Exchange Large Growth Food, Beverage & Beverage: Brewers
Ltd Tobacco and distillers
Wynnstay Group PLC WYN London Stock Exchange Small Value Food, Beverage & Foods
Tobacco
Zenabis Global Inc ZENA Toronto Stock Exchange Small Value Food, Beverage & Agriculture fishing
Tobacco and ranching

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

ENERGY
EQUITY RUSSELL RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Aemetis Inc AMTX Nasdaq Small Blend Alternative Energy Alternative energy
BP PLC BP New York Stock Large Blend Non-renewable Oil: Integrated
Exchange, Inc. Energy
Cameco Corp CCJ New York Stock Mid Growth Alternative Energy Alternative energy
Exchange, Inc.
Canadian Natural CNQ Toronto Stock Exchange Large Value Non-renewable Oil: Crude
Resources Ltd Energy producers
Chevron Corp CVX New York Stock Large Blend Non-renewable Oil: Integrated
Exchange, Inc. Energy
China Petroleum & 00386 Hong Kong Exchanges Large Value Non-renewable Oil: Integrated
Chemical Corp And Clearing Ltd Energy
China Petroleum & SNP New York Stock Large Value Non-renewable Oil: Integrated
Chemical Corp Exchange, Inc. Energy
CNOOC Ltd CEO New York Stock Large Blend Non-renewable Oil: Crude
Exchange, Inc. Energy producers
Coal India Ltd 533278 BSE LTD Large Value Non-renewable Coal
Energy
Continental Resources CLR New York Stock Mid Value Non-renewable Oil: Crude
Inc Exchange, Inc. Energy producers
Cosan SA CSAN3 B3 S.A. - Brasil, Bolsa, Large Blend Alternative Energy Alternative energy
Balcão
Energy Transfer LP ET New York Stock Mid Value Non-renewable Gas pipeline
Exchange, Inc. Energy
Exxon Mobil Corp XOM New York Stock Large Value Non-renewable Oil: Integrated
Exchange, Inc. Energy
Glencore PLC GLEN London Stock Exchange Large Blend Non-renewable Coal
Energy
Hess Corp HES New York Stock Mid Blend Non-renewable Oil: Integrated
Exchange, Inc. Energy
Lamprell PLC LAM London Stock Exchange Small Value Energy Equipment Oil well equipment
& Services and services
National Oilwell Varco NOV New York Stock Mid Value Energy Equipment Oil well equipment
Inc Exchange, Inc. & Services and services
Natural Gas Services NGS New York Stock Small Value Energy Equipment Oil well equipment
Group Inc Exchange, Inc. & Services and services
Oil & Natural Gas 500312 BSE LTD Large Blend Non-renewable Oil: Crude
Corp Ltd Energy producers
ONEOK Inc OKE New York Stock Mid Value Non-renewable Oil: Refining &
Exchange, Inc. Energy marketing
Petrobras BRDT3 B3 S.A. - Brasil, Bolsa, Large Value Non-renewable Oil: Refining &
Distribuidora SA Balcão Energy marketing

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
PetroChina Co Ltd 00857 Hong Kong Exchanges Large Blend Non-renewable Oil: Integrated
And Clearing Ltd Energy
PetroChina Co Ltd PTR New York Stock Large Blend Non-renewable Oil: Integrated
Exchange, Inc. Energy
Petroleo Brasileiro SA PETR3 B3 S.A. - Brasil, Bolsa, Large Value Non-renewable Oil: Integrated
Petrobras Balcão Energy
Petroleo Brasileiro SA PETR4 B3 S.A. - Brasil, Bolsa, Large Value Non-renewable Oil: Integrated
Petrobras Balcão Energy
Phillips 66 PSX New York Stock Large Value Non-renewable Oil: Refining &
Exchange, Inc. Energy marketing
Reliance Industries 500325 BSE LTD Large Blend Non-renewable Oil: Refining &
Ltd Energy marketing
Royal Dutch Shell PLC RDSA London Stock Exchange Large Blend Non-renewable Oil: Integrated
Energy
SJVN Ltd 533206 BSE LTD Mid Value Alternative Energy Alternative energy
Suncor Energy Inc SU Toronto Stock Exchange Large Value Non-renewable Oil: Integrated
Energy
Sunoco LP SUN New York Stock Small Blend Non-renewable Oil: Refining &
Exchange, Inc. Energy marketing
Torchlight Energy TRCH Nasdaq Small Growth Non-renewable Oil: Crude
Resources Inc Energy producers
Tullow Oil PLC TLW London Stock Exchange Small Value Non-renewable Oil: Crude
Energy producers
Ultrapar Participacoes UGPA3 B3 S.A. - Brasil, Bolsa, Large Blend Non-renewable Oil: Refining &
SA Balcão Energy marketing

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

FINANCIAL SERVICES
EQUITY RUSSELL RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Aflac Inc AFL New York Stock Large Value Insurance Insurance: Life
Exchange, Inc.
Allstate Corp ALL New York Stock Large Value Insurance Insurance:
Exchange, Inc. Property-casualty
American Express Co AXP New York Stock Large Blend Consumer Finance Financial data &
Exchange, Inc. & Credit Services systems
Artisan Partners Asset APAM New York Stock Small Value Investment Asset management
Management Inc Exchange, Inc. Banking & & custodian
Brokerage
Aviva PLC AV. London Stock Exchange Mid Value Insurance Insurance: Multi-
line
Axis Bank Ltd 532215 BSE LTD Large Blend Banks Banks: Diversified
B3 SA - Brasil Bolsa B3SA3 B3 S.A. - Brasil, Bolsa, Large Growth Investment Securities
Balcao Balcão Banking & brokerage &
Brokerage services
Bajaj Finserv Ltd 532978 BSE LTD Large Growth Insurance Insurance: Multi-
line
Banco BTG Pactual BPAC11 B3 S.A. - Brasil, Bolsa, Not Available Investment Diversified
S.A. Balcão Banking & financial services
Brokerage
Banco do Brasil SA BB BBAS3 B3 S.A. - Brasil, Bolsa, Large Value Banks Banks: Diversified
Brasil Balcão
Banco Santander SANB11 B3 S.A. - Brasil, Bolsa, Not Available Banks Banks: Diversified
(Brasil) SA Balcão
Bank Bradesco SA BBDC3 B3 S.A. - Brasil, Bolsa, Large Value Banks Banks: Diversified
Balcão
Bank Bradesco SA BBDC4 B3 S.A. - Brasil, Bolsa, Large Value Banks Banks: Diversified
Balcão
Bank Of Ningbo Co 002142 Shenzhen Stock Exchange Large Blend Banks Banks: Diversified
Ltd
Bank of Nova Scotia BNS Toronto Stock Exchange Large Value Banks Banks: Diversified
Bank OZK OZK Nasdaq Small Blend Banks Banks: Diversified
Barclays PLC BCS New York Stock Large Value Banks Banks: Diversified
Exchange, Inc.
BB Seguridade BBSE3 B3 S.A. - Brasil, Bolsa, Large Blend Insurance Insurance: Multi-
Participacoes SA Balcão line
Blackstone Group Inc BX New York Stock Large Blend Investment Asset management
Exchange, Inc. Banking & & custodian
Brokerage
Boston Private BPFH Nasdaq Small Value Banks Banks: Diversified
Financial Holdings Inc

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
BR Malls Participacoes BRML3 B3 S.A. - Brasil, Bolsa, Mid Value Real Estate Real estate holding
SA Balcão and development
Canadian Western CWB Toronto Stock Exchange Small Blend Banks Banks: Diversified
Bank
China Construction 00939 Hong Kong Exchanges Large Value Banks Banks: Diversified
Bank Corp And Clearing Ltd
China Finance Online JRJC Nasdaq Not Available Consumer Finance Financial data &
Co Ltd & Credit Services systems
China Vanke Co Ltd 02202 Hong Kong Exchanges Large Blend Real Estate Real estate holding
And Clearing Ltd and development
China Vanke Co Ltd 000002 Shenzhen Stock Exchange Large Blend Real Estate Real estate holding
and development
China World Trade 600007 Shanghai Stock Exchange Mid Blend Real Estate Diversified real
Center Co Ltd estate activities
Cielo SA CIEL3 B3 S.A. - Brasil, Bolsa, Mid Value Consumer Finance Financial data &
Balcão & Credit Services systems
Citigroup Inc C New York Stock Large Value Investment Diversified
Exchange, Inc. Banking & financial services
Brokerage
City of London CLIG London Stock Exchange Small Value Investment Asset management
Investment Group PLC Banking & & custodian
Brokerage
Credit Suisse Group CS New York Stock Large Value Investment Diversified
AG Exchange, Inc. Banking & financial services
Brokerage
Deutsche Bank AG DB New York Stock Large Value Investment Diversified
Exchange, Inc. Banking & financial services
Brokerage
Digital Realty Trust DLR New York Stock Large Blend Real Estate Equity REIT: Other
Inc Exchange, Inc. Investment Trusts Specialty
(REITs)
Discover Financial DFS New York Stock Mid Blend Banks Banks: Diversified
Services Exchange, Inc.
Experian PLC EXPN London Stock Exchange Large Blend Consumer Finance Financial data &
& Credit Services systems
Extra Space Storage EXR New York Stock Mid Blend Real Estate Equity REIT: Other
Inc Exchange, Inc. Investment Trusts Specialty
(REITs)
Fair Isaac Corp FICO New York Stock Mid Growth Consumer Finance Financial data &
Exchange, Inc. & Credit Services systems
Fairfax Financial FFH Toronto Stock Exchange Mid Blend Insurance Insurance:
Holdings Ltd Property-casualty
Glacier Bancorp Inc GBCI Nasdaq Small Blend Banks Banks: Diversified
Great Elm Capital GEC Nasdaq Small Blend Investment Asset management
Group Inc Banking & & custodian
Brokerage
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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Great-West Lifeco Inc GWO Toronto Stock Exchange Large Value Insurance Insurance: Life
HDFC Bank Ltd 500180 BSE LTD Large Growth Banks Banks: Diversified
Housing Development 500010 BSE LTD Large Blend Consumer Finance Commercial
Finance Corp Ltd & Credit Services finance & mortgage
companies
HSBC Holdings PLC HSBA London Stock Exchange Large Value Banks Banks: Diversified
ICICI Bank Ltd 532174 BSE LTD Large Blend Banks Banks: Diversified
Intercontinental ICE New York Stock Large Blend Investment Securities
Exchange Inc Exchange, Inc. Banking & brokerage &
Brokerage services
IRB Brasil Resseguros IRBR3 B3 S.A. - Brasil, Bolsa, Mid Growth Insurance Insurance: Multi-
SA Balcão line
Iron Mountain Inc IRM New York Stock Mid Value Real Estate Equity REIT: Other
Exchange, Inc. Investment Trusts Specialty
(REITs)
Itau Unibanco Holding ITUB4 B3 S.A. - Brasil, Bolsa, Large Value Banks Banks: Diversified
SA Balcão
Itausa Investimentos ITSA4 B3 S.A. - Brasil, Bolsa, Large Value Investment Diversified
ITAU SA Balcão Banking & financial services
Brokerage
JPMorgan Chase & Co JPM New York Stock Large Value Investment Diversified
Exchange, Inc. Banking & financial services
Brokerage
KeyCorp KEY New York Stock Mid Blend Banks Banks: Diversified
Exchange, Inc.
KKR & Co Inc KKR New York Stock Large Blend Investment Asset management
Exchange, Inc. Banking & & custodian
Brokerage
Kotak Mahindra Bank 500247 BSE LTD Large Growth Investment Diversified
Ltd Banking & financial services
Brokerage
Lazard Ltd LAZ New York Stock Small Value Investment Diversified
Exchange, Inc. Banking & financial services
Brokerage
Legg Mason Inc LM New York Stock Mid Value Investment Asset management
Exchange, Inc. Banking & & custodian
Brokerage
Lloyds Banking Group LLOY London Stock Exchange Large Value Banks Banks: Diversified
PLC
Loews Corp L New York Stock Mid Value Insurance Insurance: Multi-
Exchange, Inc. line
M&T Bank Corp MTB New York Stock Mid Value Banks Banks: Diversified
Exchange, Inc.
Mastercard Inc MA New York Stock Large Growth Consumer Finance Financial data &
Exchange, Inc. & Credit Services systems

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Max Financial Services 500271 BSE LTD Mid Blend Insurance Insurance: Life
Ltd
MetLife Inc MET New York Stock Large Value Insurance Insurance: Multi-
Exchange, Inc. line
Moody’s Corporation MCO New York Stock Large Growth Consumer Finance Financial data &
Exchange, Inc. & Credit Services systems
Multiplan MULT3 B3 S.A. - Brasil, Bolsa, Mid Growth Real Estate Real estate holding
Empreendimentos Balcão and development
Imobiliarios SA
NatWest Group PLC NWG London Stock Exchange Large Value Banks Banks: Diversified
Old National Bancorp ONB Nasdaq Small Value Banks Banks: Diversified
Oppenheimer OPY New York Stock Small Value Investment Asset management
Holdings Inc Exchange, Inc. Banking & & custodian
Brokerage
PayPal Holdings Inc PYPL Nasdaq Large Growth Consumer Finance Financial data &
& Credit Services systems
Physicians Realty DOC New York Stock Small Blend Real Estate Equity REIT:
Trust Exchange, Inc. Investment Trusts Health Care
(REITs)
Ping An Insurance 02318 Hong Kong Exchanges Large Value Insurance Insurance: Life
(Group) Co. of China And Clearing Ltd
Ltd
PNC Financial Services PNC New York Stock Large Value Banks Banks: Diversified
Group Inc Exchange, Inc.
Porto Seguro SA PSSA3 B3 S.A. - Brasil, Bolsa, Mid Blend Insurance Insurance: Multi-
Balcão line
Prudential Financial PRU New York Stock Large Value Insurance Insurance: Life
Inc Exchange, Inc.
Public Storage PSA New York Stock Large Value Real Estate Equity REIT:
Exchange, Inc. Investment Trusts Storage
(REITs)
REC Ltd 532955 BSE LTD Mid Value Consumer Finance Commercial
& Credit Services finance & mortgage
companies
Regions Financial RF New York Stock Mid Value Banks Banks: Diversified
Corp Exchange, Inc.
Schroders PLC SDR London Stock Exchange Mid Blend Investment Asset management
Banking & & custodian
Brokerage
SEI Investments Co SEIC Nasdaq Mid Growth Investment Asset management
Banking & & custodian
Brokerage
Standard Chartered STAN London Stock Exchange Large Blend Banks Banks: Diversified
PLC
State Bank of India 500112 BSE LTD Large Value Banks Banks: Diversified

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Sul America SA SULA11 B3 S.A. - Brasil, Bolsa, Not Available Insurance Insurance: Multi-
Balcão line
The GEO Group Inc GEO New York Stock Small Value Real Estate Equity REIT: Other
Exchange, Inc. Investment Trusts Specialty
(REITs)
UBS Group AG UBS New York Stock Large Value Investment Asset management
Exchange, Inc. Banking & & custodian
Brokerage
Visa Inc V New York Stock Large Growth Consumer Finance Financial data &
Exchange, Inc. & Credit Services systems
Wells Fargo & Co WFC New York Stock Large Value Banks Banks: Diversified
Exchange, Inc.
Westpac Banking Corp WBK New York Stock Large Value Banks Banks: Diversified
Exchange, Inc.
Yes Bank Ltd 532648 BSE LTD Large Value Banks Banks: Diversified

HEALTH CARE
EQUITY RUSSELL SUB- RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SECTOR INDUSTRY
AbbVie Inc ABBV New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Exchange, Inc. Biotech
Acadia Healthcare Co ACHC Nasdaq Small Value Health Care Health care services
Inc Services
Amgen Inc AMGN Nasdaq Large Value Pharmaceuticals & Biotechnology
Biotech
AMN Healthcare AMN New York Stock Small Growth Health Care Health care services
Services Inc Exchange, Inc. Services
AstraZeneca PLC AZN London Stock Exchange Large Blend Pharmaceuticals & Pharmaceuticals
Biotech
Aurobindo Pharma Ltd 524804 BSE LTD Large Blend Pharmaceuticals & Pharmaceuticals
Biotech
Aurora Cannabis Inc ACB Toronto Stock Exchange Small Growth Pharmaceuticals & Pharmaceuticals
Biotech
Baxter International BAX New York Stock Large Blend Medical Equipment Medical equipment
Inc Exchange, Inc. And Services
Bristol-Myers Squibb BMY New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Company Exchange, Inc. Biotech
Cancer Genetics Inc CGIX Nasdaq Small Value Pharmaceuticals & Biotechnology
Biotech

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL SUB- RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SECTOR INDUSTRY
Cardiovascular CSII Nasdaq Small Growth Medical Equipment Medical & dental
Systems Inc And Services instruments &
supplies
Catalyst CPRX Nasdaq Small Growth Pharmaceuticals & Biotechnology
Pharmaceuticals Inc Biotech
Centene Corp CNC New York Stock Large Blend Health Care Health care
Exchange, Inc. Services management
services
Cipla Ltd 500087 BSE LTD Large Blend Pharmaceuticals & Pharmaceuticals
Biotech
Dr Reddy’s 500124 BSE LTD Large Blend Pharmaceuticals & Pharmaceuticals
Laboratories Ltd Biotech
Endo International ENDP Nasdaq Small Value Pharmaceuticals & Pharmaceuticals
PLC Biotech
Gilead Sciences Inc GILD Nasdaq Large Value Pharmaceuticals & Pharmaceuticals
Biotech
GlaxoSmithKline PLC GSK New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Exchange, Inc. Biotech
Globus Medical Inc GMED New York Stock Mid Growth Medical Equipment Medical & dental
Exchange, Inc. And Services instruments &
supplies
Granules India Ltd 532482 BSE LTD Mid Growth Pharmaceuticals & Pharmaceuticals
Biotech
Harvard Bioscience Inc HBIO Nasdaq Small Value Pharmaceuticals & Biotechnology
Biotech
Hypera SA HYPE3 B3 S.A. - Brasil, Bolsa, Large Blend Pharmaceuticals & Pharmaceuticals
Balcão Biotech
Illumina Inc ILMN Nasdaq Large Growth Medical Equipment Medical equipment
And Services
Jiangsu Hengrui 600276 Shanghai Stock Exchange Large Growth Pharmaceuticals & Pharmaceuticals
Medicine Co Ltd Biotech
Johnson & Johnson JNJ New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Exchange, Inc. Biotech
Mediclinic MDC London Stock Exchange Small Value Health Care Health care
International PLC Services facilities
Merck & Co Inc MRK New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Exchange, Inc. Biotech
Myriad Genetics Inc MYGN Nasdaq Small Value Pharmaceuticals & Biotechnology
Biotech
Notre Dame GNDI3 B3 S.A. - Brasil, Bolsa, Large Growth Health Care Health care
Intermedica Balcão Services facilities
Participacoes SA
Novartis AG NVS New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Exchange, Inc. Biotech

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL SUB- RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SECTOR INDUSTRY
Pfizer Inc PFE New York Stock Large Value Pharmaceuticals & Pharmaceuticals
Exchange, Inc. Biotech
Piramal Enterprises 500302 BSE LTD Mid Blend Pharmaceuticals & Pharmaceuticals
Ltd Biotech
Prestige Consumer PBH New York Stock Small Value Pharmaceuticals & Pharmaceuticals
Healthcare Inc Exchange, Inc. Biotech
Regeneron REGN Nasdaq Large Growth Pharmaceuticals & Biotechnology
Pharmaceuticals Inc Biotech
Shenzhen Mindray 300760 Shenzhen Stock Exchange Large Growth Medical Equipment Medical equipment
Bio-Medical And Services
Electronics Co Ltd
Smith & Nephew PLC SN. London Stock Exchange Large Blend Medical Equipment Medical & dental
And Services instruments &
supplies
Sun Pharmaceuticals 524715 BSE LTD Large Blend Pharmaceuticals & Pharmaceuticals
Industries Ltd Biotech
Teva Pharmaceutical TEVA New York Stock Mid Value Pharmaceuticals & Pharmaceuticals
Industries Ltd Exchange, Inc. Biotech
Tivity Health Inc TVTY Nasdaq Small Growth Health Care Health care services
Services
UnitedHealth Group UNH New York Stock Large Blend Health Care Health care
Inc Exchange, Inc. Services management
services
Zogenix Inc ZGNX Nasdaq Small Growth Pharmaceuticals & Pharmaceuticals
Biotech

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

MATERIALS & PROCESSING

EQUITY RUSSELL RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Air Products & APD New York Stock Large Blend Chemical & Chemicals:
Chemicals Inc Exchange, Inc. Synthetics Specialty
AK Steel Holding Corp AKS New York Stock Small Value Metals & Minerals Steel
Exchange, Inc.
Aluminum ACH New York Stock Large Blend Metals & Minerals Aluminum
Corporation of China Exchange, Inc.
Ltd
Anhui Conch Cement 00914 Hong Kong Exchanges Large Blend Building Materials Cement
Co Ltd And Clearing Ltd
Anhui Conch Cement 600585 Shanghai Stock Exchange Large Blend Building Materials Cement
Co Ltd
Ashland Global ASH New York Stock Mid Blend Chemical & Chemicals:
Holdings Inc Exchange, Inc. Synthetics Diversified
Asian Paints Ltd 500820 BSE LTD Large Growth Industrial Materials Paints and coatings
& Processes
Atul Ltd 500027 BSE LTD Mid Growth Chemical & Chemicals:
Synthetics Diversified
Beacon Roofing Supply BECN Nasdaq Small Value Building Materials Building: Roofing,
Inc wallboard &
plumbing
Berger Paints India 509480 BSE LTD Large Growth Industrial Materials Paints and coatings
Ltd & Processes
BHP Group PLC BHP London Stock Exchange Large Value Metals & Minerals Metals and
minerals:
Diversified
Braskem SA BRKM5 B3 S.A. - Brasil, Bolsa, Mid Value Chemical & Chemicals:
Balcão Synthetics Specialty
Carclo PLC CAR London Stock Exchange Small Value Industrial Materials Plastics
& Processes
China Natural CHNR Nasdaq Not Available Metals & Minerals Metals and
Resources Inc minerals:
Diversified
Clearwater Paper Corp CLW New York Stock Small Value Industrial Materials Paper
Exchange, Inc. & Processes
Companhia CSNA3 B3 S.A. - Brasil, Bolsa, Mid Growth Metals & Minerals Steel
Siderurgica Nacional Balcão
Eastman Chemical Co EMN New York Stock Mid Value Chemical & Chemicals:
Exchange, Inc. Synthetics Diversified
Ferguson PLC FERG London Stock Exchange Mid Value Building Materials Building: Climate
control
FMC Corp FMC New York Stock Mid Blend Chemical & Fertilizers
Exchange, Inc. Synthetics

18
 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Freeport-McMoRan FCX New York Stock Mid Blend Metals & Minerals Copper
Inc Exchange, Inc.
Fuwei Films FFHL Nasdaq Small Value Industrial Materials Diversified
(Holdings) Co Ltd & Processes materials and
processing
Gerdau SA GGBR4 B3 S.A. - Brasil, Bolsa, Large Value Metals & Minerals Steel
Balcão
Gibraltar Industries ROCK Nasdaq Small Growth Building Materials Building materials
Inc
Hindalco Industries 500440 BSE LTD Large Value Metals & Minerals Metals and
Ltd minerals:
Diversified
Innospec Inc IOSP Nasdaq Small Growth Chemical & Chemicals:
Synthetics Specialty
Johnson Matthey PLC JMAT London Stock Exchange Mid Value Chemical & Chemicals:
Synthetics Diversified
Kaiser Aluminum KALU Nasdaq Small Blend Metals & Minerals Aluminum
Corp
Kirkland Lake Gold KL Toronto Stock Exchange Large Blend Metals & Minerals Gold
Ltd
Klabin SA KLBN11 B3 S.A. - Brasil, Bolsa, Not Available Industrial Materials Paper
Balcão & Processes
Mondi PLC MNDI London Stock Exchange Mid Value Industrial Materials Paper
& Processes
Neenah Inc NP New York Stock Small Blend Industrial Materials Diversified
Exchange, Inc. & Processes materials and
processing
Northern NTIC Nasdaq Small Growth Chemical & Chemicals:
Technologies Synthetics Specialty
International Corp
POSCO PKX New York Stock Large Value Metals & Minerals Steel
Exchange, Inc.
Quaker Chemical Corp KWR New York Stock Small Growth Chemical & Chemicals:
Exchange, Inc. Synthetics Specialty
RBC Bearings Inc ROLL Nasdaq Small Growth Metals & Minerals Metal fabricating
Rio Tinto PLC RIO London Stock Exchange Large Value Metals & Minerals Metals and
minerals:
Diversified
Rio Tinto PLC RIO New York Stock Large Value Metals & Minerals Metals and
Exchange, Inc. minerals:
Diversified
Royal Gold Inc RGLD Nasdaq Mid Blend Metals & Minerals Gold
SSR Mining Inc SSRM Nasdaq Mid Blend Metals & Minerals Precious metals
and minerals

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Suzano SA SUZB3 B3 S.A. - Brasil, Bolsa, Large Blend Industrial Materials Paper
Balcão & Processes
Tata Steel Ltd 500470 BSE LTD Large Blend Metals & Minerals Steel
UltraTech Cement Ltd 532538 BSE LTD Large Blend Building Materials Cement
United States Steel X New York Stock Small Value Metals & Minerals Steel
Corp Exchange, Inc.
Vale SA VALE3 B3 S.A. - Brasil, Bolsa, Large Blend Metals & Minerals Metals and
Balcão minerals:
Diversified
Vedanta Ltd 500295 BSE LTD Large Value Metals & Minerals Metals and
minerals:
Diversified

PRODUCER DURABLES
EQUITY RUSSELL RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Air Canada AC Toronto Stock Exchange Not Available Transportation & Air transport
Freight
American Airlines AAL Nasdaq Mid Value Transportation & Air transport
Group Inc Freight
ArcBest Corp ARCB Nasdaq Small Blend Transportation & Truckers
Freight
ASGN Inc ASGN New York Stock Small Blend Commercial Back office support,
Exchange, Inc. Services HR & consulting
Bharat Heavy 500103 BSE LTD Mid Blend Manufacturing & Power transmission
Electricals Ltd Production equipment
Boeing Co BA New York Stock Large Value Transportation & Aerospace
Exchange, Inc. Freight
Bombardier Inc BBD.B Toronto Stock Exchange Small Value Transportation & Aerospace
Freight
Bunzl PLC BNZL London Stock Exchange Mid Growth Manufacturing & Diversified
Production manufacturing
operations
Cargojet Inc CJT Toronto Stock Exchange Small Growth Transportation & Air transport
Freight
CCR SA CCRO3 B3 S.A. - Brasil, Bolsa, Large Blend Transportation & Transportation
Balcão Freight miscellaneous

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
China Eastern Airlines CEA New York Stock Large Value Transportation & Air transport
Corp Ltd Exchange, Inc. Freight
China Southern ZNH New York Stock Large Value Transportation & Air transport
Airlines Co Ltd Exchange, Inc. Freight
China State 03311 Hong Kong Exchanges Mid Value Manufacturing & Construction
Construction And Clearing Ltd Production
International Holdings
Ltd
China Yuchai CYD New York Stock Small Value Machinery Machinery:
International Ltd Exchange, Inc. Engines
CITIC Ltd 00267 Hong Kong Exchanges Large Value Manufacturing & Diversified
And Clearing Ltd Production manufacturing
operations
Delta Air Lines Inc DAL New York Stock Mid Value Transportation & Air transport
Exchange, Inc. Freight
Douglas Dynamics Inc PLOW New York Stock Small Growth Machinery Machinery:
Exchange, Inc. Construction and
handling
easyJet PLC EZJ London Stock Exchange Mid Value Transportation & Air transport
Freight
eClerx Services Ltd 532927 BSE LTD Small Value Commercial Back office support,
Services HR & consulting
Embraer SA EMBR3 B3 S.A. - Brasil, Bolsa, Mid Blend Transportation & Aerospace
Balcão Freight
FTI Consulting Inc FCN New York Stock Mid Growth Commercial Back office support,
Exchange, Inc. Services HR & consulting
Guangshen Railway GSH New York Stock Mid Value Transportation & Railroads
Co Ltd Exchange, Inc. Freight
Heartland Express Inc HTLD Nasdaq Small Blend Transportation & Truckers
Freight
JetBlue Airways Corp JBLU Nasdaq Small Blend Transportation & Air transport
Freight
Kansas City Southern KSU New York Stock Mid Growth Transportation & Railroads
Exchange, Inc. Freight
Larsen & Toubro Ltd 500510 BSE LTD Large Blend Commercial Engineering and
Services contracting services
Lockheed Martin Corp LMT New York Stock Large Blend Transportation & Aerospace
Exchange, Inc. Freight
Navigant Consulting NCI New York Stock Small Blend Commercial Back office support,
Inc Exchange, Inc. Services HR & consulting
PACCAR Inc PCAR Nasdaq Large Blend Transportation & Commercial
Freight vehicles and parts
Rolls-Royce Holdings RR. London Stock Exchange Mid Value Transportation & Aerospace
PLC Freight

21
2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL RUSSELL

COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR INDUSTRY
Rumo SA RAIL3 B3 S.A. - Brasil, Bolsa, Large Growth Transportation & Transportation
Balcão Freight miscellaneous
Shanghai 600009 Shanghai Stock Exchange Large Growth Transportation & Air transport
International Airport Freight
Co Ltd
SkyWest Inc SKYW Nasdaq Small Value Transportation & Air transport
Freight
Smiths Group PLC SMIN London Stock Exchange Mid Value Manufacturing & Diversified
Production manufacturing
operations
Snap-on Inc SNA New York Stock Mid Value Machinery Machinery: Tools
Exchange, Inc.
Southwest Airlines Co LUV New York Stock Mid Value Transportation & Air transport
Exchange, Inc. Freight
Spirit Airlines Inc SAVE New York Stock Small Blend Transportation & Air transport
Exchange, Inc. Freight
The Middleby Corp MIDD Nasdaq Mid Blend Machinery Machinery:
Industrial
Titan International TWI New York Stock Small Value Machinery Machinery:
Inc Exchange, Inc. Agricultural
Verisk Analytics Inc VRSK Nasdaq Large Blend Commercial Back office support,
Services HR & consulting
Wabash National Corp WNC New York Stock Small Value Transportation & Commercial
Exchange, Inc. Freight vehicles and parts
Weg SA WEGE3 B3 S.A. - Brasil, Bolsa, Large Growth Machinery Machinery:
Balcão Industrial
ZTO Express ZTO New York Stock Not Available Transportation & Air transport
(Cayman) Inc Exchange, Inc. Freight

TECHNOLOGY
EQUITY RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RUSSELL INDUSTRY
Adobe Inc ADBE Nasdaq Large Growth Information Computer services
Technology software and systems
Alibaba Group Holding BABA New York Stock Large Growth Information Computer services
Ltd Exchange, Inc. Technology software and systems
Alphabet Inc GOOG Nasdaq Large Growth Information Computer services
Technology software and systems
Apple Inc AAPL Nasdaq Large Blend Information Computer technology
Technology

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RUSSELL INDUSTRY
Arista Networks Inc ANET New York Stock Mid Growth Information Computer services
Exchange, Inc. Technology software and systems
Astra Microwave 532493 BSE LTD Small Blend Telecommunication Telecommunications
Products Ltd equipment
Baidu Inc BIDU Nasdaq Not Available Information Computer services
Technology software and systems
Benefitfocus Inc BNFT Nasdaq Small Growth Information Computer services
Technology software and systems
Cognizant Technology CTSH Nasdaq Large Blend Information Computer services
Solutions Corp Technology software and systems
Constellation Software CSU Toronto Stock Large Growth Information Computer services
Inc Exchange Technology software and systems
discoverIE Group PLC DSCV London Stock Exchange Small Growth Electronics Electronics
DXC Technology Co DXC New York Stock Mid Value Information Computer services
Exchange, Inc. Technology software and systems
Enghouse Systems Ltd ENGH Toronto Stock Mid Growth Information Computer services
Exchange Technology software and systems
Facebook Inc FB Nasdaq Large Growth Information Computer services
Technology software and systems
Foxconn Industrial 601138 Shanghai Stock Large Value Telecommunication Telecommunications
Internet Co Ltd Exchange equipment
Groupon Inc GRPN Nasdaq Small Value Information Computer services
Technology software and systems
Hangzhou Hik-Vision 002415 Shenzhen Stock Large Blend Electronics Electronic
Digital Technology Co Exchange components
Ltd
HCL Technologies Ltd 532281 BSE LTD Large Blend Information Computer services
Technology software and systems
Hexaware 532129 BSE LTD Mid Growth Information Computer services
Technologies Ltd Technology software and systems
Infosys Ltd 500209 BSE LTD Large Blend Information Computer services
Technology software and systems
Just Dial Ltd 535648 BSE LTD Small Growth Information Computer services
Technology software and systems
Manhattan Associates MANH Nasdaq Mid Blend Information Computer services
Inc Technology software and systems
Meituan Dianping 03690 Hong Kong Exchanges Not Available Information Computer services
And Clearing Ltd Technology software and systems
Micro Focus MCRO London Stock Exchange Small Value Information Computer services
International PLC Technology software and systems
Microsoft Corp MSFT Nasdaq Large Growth Information Computer services
Technology software and systems
MindTree Ltd 532819 BSE LTD Mid Blend Information Computer services
Technology software and systems

23
2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RUSSELL INDUSTRY
NetEase Inc NTES Nasdaq Large Growth Information Computer services
Technology software and systems
NIIT Ltd 500304 BSE LTD Small Blend Information Computer services
Technology software and systems
NXP Semiconductors NXPI Nasdaq Large Blend Electronics Semiconductors and
NV components
Oracle Corp ORCL New York Stock Large Value Information Computer services
Exchange, Inc. Technology software and systems
Sage Group (The) PLC SGE London Stock Exchange Mid Blend Information Computer services
Technology software and systems
Shopify Inc SHOP Toronto Stock Large Growth Information Computer services
Exchange Technology software and systems
SINA Corp SINA Nasdaq Mid Value Information Computer services
Technology software and systems
Slack Technologies Inc WORK New York Stock Not Available Information Computer services
Exchange, Inc. Technology software and systems
Sohu.com Ltd SOHU Nasdaq Not Available Information Computer services
Technology software and systems
Tata Consultancy 532540 BSE LTD Large Blend Information Computer services
Services Ltd Technology software and systems
Tech Mahindra Ltd 532755 BSE LTD Large Blend Information Computer services
Technology software and systems
Tencent Holdings Ltd 00700 Hong Kong Exchanges Large Growth Information Computer services
And Clearing Ltd Technology software and systems
The9 Ltd NCTY Nasdaq Not Available Information Electronic
Technology entertainment
Twitter Inc TWTR New York Stock Mid Growth Information Computer services
Exchange, Inc. Technology software and systems
UTStarcom Holdings UTSI Nasdaq Small Value Telecommunication Telecommunications
Corp equipment
Wipro Ltd 507685 BSE LTD Large Blend Information Computer services
Technology software and systems
Zynga Inc ZNGA Nasdaq Mid Growth Information Electronic
Technology entertainment

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 2020-2021 Wharton Global High School Investment Competition Approved Stock List

UTILITIES
EQUITY RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RUSSELL INDUSTRY
American Electric AEP New York Stock Large Value Utilities Utilities: Electrical
Power Co Inc Exchange, Inc.
American Water AWK New York Stock Mid Blend Utilities Utilities: Water
Works Co Inc Exchange, Inc.
AT&T Inc T New York Stock Large Value Utilities Utilities:
Exchange, Inc. Telecommunications
BCE Inc BCE Toronto Stock Exchange Large Blend Utilities Utilities:
Telecommunications
Bharti Airtel Ltd 532454 BSE LTD Large Value Utilities Utilities:
Telecommunications
BT Group PLC BT.A London Stock Exchange Mid Value Utilities Utilities:
Telecommunications
Canadian Utilities Ltd CU Toronto Stock Exchange Mid Blend Utilities Utilities:
Miscellaneous
Centrais Eletricas ELET3 B3 S.A. - Brasil, Bolsa, Large Value Utilities Utilities: Electrical
Brasileiras SA Balcão
Centrais Eletricas ELET6 B3 S.A. - Brasil, Bolsa, Large Value Utilities Utilities: Electrical
Brasileiras SA Balcão
China Gas Holdings 00384 Hong Kong Exchanges Large Blend Utilities Utilities: Gas
Ltd And Clearing Ltd distributors
China Mobile Ltd 00941 Hong Kong Exchanges Large Value Utilities Utilities:
And Clearing Ltd Telecommunications
China Mobile Ltd CHL New York Stock Large Value Utilities Utilities:
Exchange, Inc. Telecommunications
China Telecom Corp CHA New York Stock Large Value Utilities Utilities:
Ltd Exchange, Inc. Telecommunications
China Unicom (Hong CHU New York Stock Large Value Utilities Utilities:
Kong) Ltd Exchange, Inc. Telecommunications
China Yangtze Power 600900 Shanghai Stock Exchange Large Value Utilities Utilities: Electrical
Co Ltd
Companhia De SBSP3 B3 S.A. - Brasil, Bolsa, Large Growth Utilities Utilities: Water
Saneamento Basico Do Balcão
Estado De Sao Paulo
Dominion Energy Inc D New York Stock Large Value Utilities Utilities: Electrical
Exchange, Inc.
Energisa SA ENGI11 B3 S.A. - Brasil, Bolsa, Not Available Utilities Utilities: Electrical
Balcão
Energy Company of CMIG4 B3 S.A. - Brasil, Bolsa, Mid Value Utilities Utilities: Electrical
Minas Gerais Balcão

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2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RUSSELL INDUSTRY
ENGIE Brasil Energia EGIE3 B3 S.A. - Brasil, Bolsa, Large Blend Utilities Utilities: Electrical
SA Balcão
Equatorial Energia SA EQTL3 B3 S.A. - Brasil, Bolsa, Large Growth Utilities Utilities: Electrical
Balcão
FirstEnergy Corp FE New York Stock Mid Value Utilities Utilities: Electrical
Exchange, Inc.
GAIL (India) Ltd 532155 BSE LTD Large Value Utilities Utilities: Gas
distributors
Gogo Inc GOGO Nasdaq Small Blend Utilities Utilities:
Telecommunications
GTT Communications GTT New York Stock Small Blend Utilities Utilities:
Inc Exchange, Inc. Telecommunications
Gujarat Industries 517300 BSE LTD Small Value Utilities Utilities: Electrical
Power Co Ltd
Huaneng Power HNP New York Stock Large Value Utilities Utilities: Electrical
International Inc Exchange, Inc.
Mahanagar Telephone 500108 BSE LTD Small Value Utilities Utilities:
Nigam Ltd Telecommunications
Middlesex Water Co MSEX Nasdaq Small Blend Utilities Utilities: Water
National Fuel Gas Co NFG New York Stock Small Value Utilities Utilities: Gas
Exchange, Inc. distributors
NTPC Ltd 532555 BSE LTD Large Value Utilities Utilities: Electrical
PG&E Corp PCG New York Stock Mid Value Utilities Utilities: Electrical
Exchange, Inc.
Power Grid Corp Of 532898 BSE LTD Large Value Utilities Utilities: Electrical
India Ltd
Sempra Energy SRE New York Stock Large Value Utilities Utilities:
Exchange, Inc. Miscellaneous
Severn Trent PLC SVT London Stock Exchange Mid Value Utilities Utilities: Water
SJW Group SJW New York Stock Small Blend Utilities Utilities: Water
Exchange, Inc.
Southern Co SO New York Stock Large Value Utilities Utilities: Electrical
Exchange, Inc.
SSE PLC SSE London Stock Exchange Large Value Utilities Utilities: Electrical
Tata Power Co Ltd 500400 BSE LTD Mid Value Utilities Utilities: Electrical
Telefonica Brasil SA VIVT4 B3 S.A. - Brasil, Bolsa, Large Value Utilities Utilities:
Balcão Telecommunications
The York Water Co YORW Nasdaq Small Blend Utilities Utilities: Water
Tim Participacoes SA TIMP3 B3 S.A. - Brasil, Bolsa, Large Growth Utilities Utilities:
Balcão Telecommunications
UGI Corp UGI New York Stock Mid Value Utilities Utilities: Gas
Exchange, Inc. distributors

26
 2020-2021 Wharton Global High School Investment Competition Approved Stock List

EQUITY RUSSELL
COMPANY NAME TICKER EXCHANGE STYLE SUB-SECTOR RUSSELL INDUSTRY
United Utilities Group UU. London Stock Exchange Mid Value Utilities Utilities: Water
PLC
Verizon VZ New York Stock Large Value Utilities Utilities:
Communications Inc Exchange, Inc. Telecommunications
Vodafone Group PLC VOD London Stock Exchange Large Value Utilities Utilities:
Telecommunications
Vodafone Group PLC VOD Nasdaq Large Value Utilities Utilities:
Telecommunications

*After the market closed on September 18, 2020, the Industry Classification Benchmark became the official sector classification for Russell indexes, replacing
Russell Global Sectors (RGS), which we use to categorize sectors and industries on the Approved Stock List for the Wharton Global High School Investment
Competition. The Industry Classification Benchmark or ICB is a standard that is used globally to categorize and compare companies by industry and sector. The
move from RGS to ICB will initially be applied to U.S. indexes, and international indexes will make the conversion in the first quarter of 2021. In the meantime,
Russell is working with third-party data providers (like Morningstar Direct, where we source our stock market data for this competition) to assist with the
conversion from RGS to ICB. It may take some time before the new classification system is applied.

Teams competing in the Wharton Global High School Investment Competition can proceed with using the Approved Stock List reflecting the previous Russell
Global Sectors classification system. We will continue using RGS for the duration of the competition, which includes nine sectors: Consumer Discretionary,
Consumer Staples, Energy, Financial Services, Healthcare, Materials & Processing, Producer Durables, Technology and Utilities.
27