S&P/TSX Composite Index 1960–2012

The S&P/TSX Composite Index is the benchmark Canadian index representing roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX). Having replaced the TSE 300 Composite Index on May 1, 2002,^[1] as of September 20, 2021 the S&P/TSX Composite Index comprises 237 of the 3,451 companies listed on the TSX.^[2] The index reached an all-time closing high of 21,768.53 on November 12, 2021 and an intraday record high of 21,796.16 on November 16, 2021.^[3]

Eligibility

TMX displaying S&P/TSX index information

To be eligible for inclusion in the Composite Index:^[4]

• Market capitalization: For eligibility any security must represent a minimum weight of 0.05% of the index. Moreover, the security must have a minimum weighted average price of at least C$1 over the past three months and over the last three trading days of the month-end prior to the exchange reviewing the index.
• Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible securities' trading volume. To ensure that no single company dominates trading, they are capped at a maximum of 15% for value, volume and transactions.
• Domicile: Stocks must be listed on the Toronto Stock Exchange and be incorporated under Canadian laws.

Annual returns

The following table shows the annual development of the S&P/TSX Composite Index, which was calculated back to 1945.^[5][6][7]

List of companies

As of January 5, 2024 the S&P/TSX Composite Index comprised the following 225 companies:

Exchange-traded funds

There are currently no ETFs that match the S&P/TSX Composite Index; however, the iShares S&P/TSX Completion Index Fund (TSX: XMD) combined with the iShares S&P/TSX 60 Index Fund (TSX: XIU) can give equivalent exposure. The iShares S&P/TSX Capped Composite Index Fund (TSX: XIC) and BMO S&P/TSX Capped Composite Index Fund (TSX: ZCN) match the diversity of the index but the relative weighting of each constituent is capped at 10%.

BlackRock also provides several iShares-brand ETFs which provide exposure to segments of the index; these include:

• S&P/TSX Capped Energy Index Fund (TSX: XEG)
• S&P/TSX Capped Financial Services Index Fund (TSX: XFN)
• S&P/TSX Capped Technology Index Fund (TSX: XIT)
• S&P/TSX Capped Basic Materials Index Fund (TSX: XMA)
• S&P/TSX Capped REIT Index Fund (TSX: XRE)

See also

• List of companies listed on the Toronto Stock Exchange
• S&P/TSX 60

Notes

External links

• Reuters page for .GSPTSE
• S&P/TSX Composite index at Toronto Stock Exchange
• S&P/TSX Composite index at S&P Dow Jones Indices
• S&P/TSX Composite Index Profile on Wikinvest
• Bloomberg page for SPTSX:IND
• Top Companies in the S&P/TSX Composite