S&P/TSX Composite Index

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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) with about 250 companies included in it. The Toronto Stock Exchange is made up of over 1,500 companies. It replaces the earlier TSE 300 index. On February 20, 2020, the S&P/TSX Composite Index reached an all-time closing high of 17,944.10. The intraday record high was also made on February 20, 2020 at 17,970.50.

Eligibility[edit]

TMX displaying S&P/TSX index information

To be eligible for inclusion in the Composite Index:[1]

  • 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[edit]

The following table shows the annual development of the S&P/TSX Composite Index, which was calculated back to 1945.[2][3][4]

Year Closing level Change in Index
in Points
Change in Index
in %
1945 188.96
1946 189.71 0.75 0.40
1947 180.96 −8.75 −4.61
1948 191.63 10.67 5.90
1949 219.58 27.95 14.59
1950 307.22 87.64 39.91
1951 361.86 54.64 17.79
1952 341.50 −20.36 −5.63
1953 330.83 −10.67 −3.12
1954 437.49 106.66 32.24
1955 536.50 99.01 22.63
1956 564.97 28.47 5.31
1957 432.11 −132.86 −23.52
1958 547.72 115.61 26.75
1959 555.09 7.37 1.35
1960 544.74 −10.35 −1.86
1961 700.85 156.11 28.66
1962 628.99 −71.86 −10.25
1963 702.71 73.72 11.72
1964 853.53 150.82 21.46
1965 881.14 27.61 3.23
1966 789.51 −91.63 −10.40
1967 899.20 109.69 13.89
1968 1,062.88 163.68 18.20
1969 1,019.77 −43.11 −4.06
1970 947.54 −72.23 −7.08
1971 990.54 43.00 4.54
1972 1,226.58 236.04 23.83
1973 1,193.56 −33.02 −2.69
1974 844.48 −349.08 −29.25
1975 953.54 109.06 12.91
1976 1,011.52 57.98 6.08
1977 1,059.59 48.07 4.75
1978 1,309.99 250.40 23.63
1979 1,813.17 503.18 38.41
1980 2,268.70 455.53 25.12
1981 1,954.24 −314.46 −13.86
1982 1,958.08 3.84 0.20
1983 2,552.35 594.27 30.35
1984 2,400.33 −152.02 −5.96
1985 2,900.60 500.27 20.84
1986 3,066.18 165.58 5.71
1987 3,160.05 93.87 3.06
1988 3,389.99 229.94 7.28
1989 3,969.79 579.80 17.10
1990 3,256.75 −713.04 −17.96
1991 3,512.36 255.61 7.85
1992 3,350.44 −161.92 −4.61
1993 4,321.43 970.99 28.98
1994 4,213.61 −107.82 −2.50
1995 4,713.54 499.93 11.86
1996 5,927.03 1,213.49 25.74
1997 6,699.44 772.41 13.03
1998 6,485.94 −213.50 −3.19
1999 8,413.75 1,927.81 29.72
2000 8,933.68 519.93 6.18
2001 7,688.41 −1,245.27 −13.94
2002 6,614.54 −1,073.87 −13.97
2003 8,220.89 1,606.35 24.29
2004 9,246.65 1,025.76 12.48
2005 11,272.26 2,025.61 21.91
2006 12,908.39 1,636.13 14.51
2007 13,833.06 924.67 7.16
2008 8,987.70 −4,845.36 −35.03
2009 11,746.11 2,758.41 30.69
2010 13,382.97 1,636.86 13.94
2011 11,955.09 −1,427.88 −10.67
2012 12,433.53 478.44 4.00
2013 13,621.55 1,188.02 9.55
2014 14,632.44 1,010.89 7.42
2015 13,009.95 −1,622.49 −11.09
2016 15,287.59 2,277.64 17.51
2017 16,209.13 921.54 6.03
2018 14,322.86 −1,886.27 −11.64
2019 17,063.43 2,740.57 19.13
2020 17,433.36 369.93 2.17

List of companies[edit]

Effective prior to the open of trading on Monday, December 21, 2020.

Symbol Company Sector [5] Industry [5]
ARE Aecon Group Inc. Industrials Construction
AEM Agnico Eagle Mines Limited Basic Materials Metals & Mining
AC Air Canada Industrials Transportation
AGI Alamos Gold Inc. Basic Materials Metals & Mining
AQN Algonquin Power & Utilities Corp. Utilities Independent Power Producers
ATD.B Alimentation Couche-Tard Inc. Consumer Defensive Retail Defensive
AP.UN Allied Properties Real Estate Investment Trust Real Estate REITs
ALA AltaGas Ltd. Utilities Regulated Utilities
AIF Altus Group Limited Real Estate Real Estate
APHA Aphria Inc. Healthcare Drug Manufacturers
ARX ARC Resources Ltd. Energy Oil & Gas
ATZ Aritzia Inc. Consumer Cyclical Retail Cyclical
AX.UN Artis Real Estate Investment Trust Real Estate REITs
ACO.X ATCO Ltd. Utilities Regulated Utilities
ATA ATS Automation Tooling Systems Inc. Industrials Industrial Products
AUP Aurinia Pharmaceuticals Inc. Healthcare Biotechnology
ACB Aurora Cannabis Inc. Healthcare Drug Manufacturers
BTO B2Gold Corp. Basic Materials Metals & Mining
BAD Badger Daylighting Ltd. Industrials Construction
BLDP Ballard Power Systems Inc. Industrials Industrial Products
BMO Bank of Montreal Financial Services Banks
BNS Bank of Nova Scotia Financial Services Banks
ABX Barrick Gold Corporation Basic Materials Metals & Mining
BHC Bausch Health Companies Inc. Healthcare Drug Manufacturers
BCE BCE Inc. Communication Services Telecommunication Services
BB BlackBerry Limited Technology Software
BEI.UN Boardwalk Real Estate Investment Trust Real Estate REITs
BLX Boralex Inc. Utilities Independent Power Producers
BYD Boyd Group Services Inc. Consumer Cyclical Personal Services
BAM.A Brookfield Asset Management Inc. Financial Services Asset Management
BBU.UN Brookfield Business Partners L.P. Industrials Conglomerates
BIP.UN Brookfield Infrastructure Partners L.P. Utilities Regulated Utilities
BPY.UN Brookfield Property Partners L.P. Real Estate Real Estate
BEP.UN Brookfield Renewable Partners L.P. Utilities Independent Power Producers
DOO BRP Inc. Consumer Cyclical Vehicles & Parts
CAE CAE Inc. Industrials Aerospace & Defense
CCO Cameco Corporation Energy Other Energy Sources
GOOS Canada Goose Holdings Inc. Consumer Cyclical Apparel & Accessories
CAR.UN Canadian Apartment Properties Real Estate Investment Trust Real Estate REITs
CM Canadian Imperial Bank of Commerce Financial Services Banks
CNR Canadian National Railway Company Industrials Transportation
CNQ Canadian Natural Resources Limited Energy Oil & Gas
CP Canadian Pacific Railway Limited Industrials Transportation
CTC.A Canadian Tire Corporation Limited Consumer Cyclical Retail Cyclical
CU Canadian Utilities Limited Utilities Regulated Utilities
CWB Canadian Western Bank Financial Services Banks
CFP Canfor Corporation Basic Materials Forest Products
WEED Canopy Growth Corporation Healthcare Drug Manufacturers
CPX Capital Power Corporation Utilities Independent Power Producers
CJT Cargojet Inc. Industrials Transportation
CAS Cascades Inc. Basic Materials Forest Products
CCL.B CCL Industries Inc. Consumer Cyclical Packaging & Containers
CLS Celestica Inc. Technology Hardware
CVE Cenovus Energy Inc. Energy Oil & Gas
CG Centerra Gold Inc. Basic Materials Metals & Mining
GIB.A CGI Inc. Technology Software
CSH.UN Chartwell Retirement Residences Real Estate Real Estate
CHP.UN Choice Properties Real Estate Investment Trust Real Estate REITs
CIX CI Financial Corp. Financial Services Asset Management
CCA Cogeco Communications Inc. Communication Services Telecommunication Services
CIGI Colliers International Group Inc. Real Estate Real Estate
CUF.UN Cominar Real Estate Investment Trust Real Estate REITs
CSU Constellation Software Inc. Technology Software
CJR.B Corus Entertainment Inc. Communication Services Diversified Media
CPG Crescent Point Energy Corp. Energy Oil & Gas
CRR.UN Crombie Real Estate Investment Trust Real Estate REITs
CRON Cronos Group Inc. Healthcare Drug Manufacturers
CRT.UN CT Real Estate Investment Trust Real Estate REITs
DSG Descartes Systems Group Inc. Technology Software
DOL Dollarama Inc. Consumer Defensive Retail Defensive
DIR.UN Dream Industrial Real Estate Investment Trust Real Estate REITs
D.UN Dream Office Real Estate Investment Trust Real Estate REITs
DPM Dundee Precious Metals Inc. Basic Materials Metals & Mining
ECN ECN Capital Corp. Financial Services Credit Services
ELD Eldorado Gold Corporation Basic Materials Metals & Mining
EFN Element Fleet Management Corp. Industrials Business Services
EMA Emera Incorporated Utilities Regulated Utilities
EMP.A Empire Company Consumer Defensive Retail Defensive
ENB Enbridge Inc. Energy Oil & Gas
EDV Endeavour Mining Corporation Basic Materials Metals & Mining
ERF Enerplus Corporation Energy Oil & Gas
ENGH Enghouse Systems Limited Technology Software
EQX Equinox Gold Corp. Basic Materials Metals & Mining
EQB Equitable Group Inc. Financial Services Banks
ERO Ero Copper Corp. Basic Materials Metals & Mining
EIF Exchange Income Corporation Industrials Transportation
FFH Fairfax Financial Holdings Limited Financial Services Insurance
FTT Finning International Inc. Industrials Industrial Distribution
FCR.UN First Capital Real Estate Investment Trust Real Estate REITs
FR First Majestic Silver Corp. Basic Materials Metals & Mining
FM First Quantum Minerals Ltd. Basic Materials Metals & Mining
FSV FirstService Corporation Real Estate Real Estate
FVI Fortuna Silver Mines Inc. Basic Materials Metals & Mining
FTS Fortis Inc. Utilities Regulated Utilities
FNV Franco-Nevada Corporation Basic Materials Metals & Mining
MIC Genworth MI Canada Inc. Financial Services Insurance
WN George Weston Limited Consumer Defensive Retail Defensive
GFL GFL Environmental Inc. Industrials Waste Management
GEI Gibson Energy Inc. Energy Oil & Gas
GIL Gildan Activewear Inc. Consumer Cyclical Apparel & Accessories
GRT.UN Granite Real Estate Investment Trust Real Estate REITs
GC Great Canadian Gaming Corporation Consumer Cyclical Travel & Leisure
GWO Great-West Lifeco Inc. Financial Services Insurance
HR.UN H&R Real Estate Investment Trust Real Estate REITs
HCG Home Capital Group Inc. Financial Services Banks
HBM Hudbay Minerals Inc. Basic Materials Metals & Mining
HSE Husky Energy Inc. Energy Oil & Gas
H Hydro One Limited Utilities Regulated Utilities
IAG iA Financial Corporation Inc. Financial Services Insurance
IMG Iamgold Corporation Basic Materials Metals & Mining
IGM IGM Financial Inc. Financial Services Asset Management
IMO Imperial Oil Limited Energy Oil & Gas
INE Innergex Renewable Energy Inc. Utilities Independent Power Producers
IFC Intact Financial Corporation Financial Services Insurance
IPL Inter Pipeline Ltd. Energy Oil & Gas
IFP Interfor Corporation Basic Materials Forest Products
IIP.UN InterRent Real Estate Investment Trust Real Estate REITs
ITP Intertape Polymer Group Inc. Consumer Cyclical Packaging & Containers
IVN Ivanhoe Mines Ltd. Basic Materials Metals & Mining
JWEL Jamieson Wellness Inc. Consumer Defensive Consumer Packaged Goods
KEY Keyera Corp. Energy Oil & Gas
KMP.UN Killam Apartment Real Estate Investment Trust Real Estate REITs
KXS Kinaxis Inc. Technology Software
K Kinross Gold Corporation Basic Materials Metals & Mining
KL Kirkland Lake Gold Ltd. Basic Materials Metals & Mining
LIF Labrador Iron Ore Royalty Corporation Basic Materials Steel
LB Laurentian Bank of Canada Financial Services Banks
LSPD Lightspeed POS Inc. Technology Software
LNR Linamar Corporation Consumer Cyclical Vehicles & Parts
L Loblaw Companies Limited Consumer Defensive Retail Defensive
LUG Lundin Gold Inc. Basic Materials Metals & Mining
LUN Lundin Mining Corporation Basic Materials Metals & Mining
MAG MAG Silver Corp. Basic Materials Metals & Mining
MG Magna International Inc. Consumer Cyclical Vehicles & Parts
MFC Manulife Financial Corporation Financial Services Insurance
MFI Maple Leaf Foods Inc. Consumer Defensive Consumer Packaged Goods
MRE Martinrea International Inc. Consumer Cyclical Vehicles & Parts
MEG MEG Energy Corp. Energy Oil & Gas
MX Methanex Corporation Basic Materials Chemicals
MRU Metro Inc. Consumer Defensive Retail Defensive
MSI Morneau Shepell Inc. Industrials Business Services
MTL Mullen Group Ltd. Energy Oil & Gas
NA National Bank of Canada Financial Services Banks
NGD New Gold Inc. Basic Materials Metals & Mining
NFI NFI Group Inc. Consumer Cyclical Vehicles & Parts
OSB Norbord Inc. Basic Materials Forest Products
NPI Northland Power Inc. Utilities Independent Power Producers
NWH.UN NorthWest Healthcare Properties Real Estate Investment Trust Real Estate REITs
NG NovaGold Resources Inc. Basic Materials Metals & Mining
NTR Nutrien Ltd. Basic Materials Agriculture
OGC OceanaGold Corporation Basic Materials Metals & Mining
ONEX Onex Corporation Financial Services Asset Management
OTEX Open Text Corporation Technology Software
OR Osisko Gold Royalties Ltd. Basic Materials Metals & Mining
OSK Osisko Mining Inc. Basic Materials Metals & Mining
PAAS Pan American Silver Corp. Basic Materials Metals & Mining
PXT Parex Resources Inc. Energy Oil & Gas
PKI Parkland Corporation Energy Oil & Gas
PPL Pembina Pipeline Corporation Energy Oil & Gas
POW Power Corporation of Canada Financial Services Insurance
PSK PrairieSky Royalty Ltd. Energy Oil & Gas
PBH Premium Brands Holdings Corporation Consumer Defensive Consumer Packaged Goods
PVG Pretium Resources Inc. Basic Materials Metals & Mining
PRMW Primo Water Corporation Consumer Defensive Non-Alcoholic Beverages
QBR.B Quebecor Inc. Communication Services Telecommunication Services
REAL Real Matters Inc. Technology Software
QSR Restaurant Brands International Inc. Consumer Cyclical Restaurants
RCH Richelieu Hardware Ltd. Consumer Cyclical Furnishings, Fixtures & Appliances
REI.UN RioCan Real Estate Investment Trust Real Estate REITs
RBA Ritchie Bros. Auctioneers Incorporated Industrials Business Services
RCI.B Rogers Communications Inc. Communication Services Telecommunication Services
RY Royal Bank of Canada Financial Services Banks
RUS Russel Metals Inc. Industrials Industrial Distribution
SSL Sandstorm Gold Ltd. Basic Materials Metals & Mining
SAP Saputo Inc. Consumer Defensive Consumer Packaged Goods
SEA Seabridge Gold Inc. Basic Materials Metals & Mining
VII Seven Generations Energy Ltd. Energy Oil & Gas
SJR.B Shaw Communications Inc. Communication Services Telecommunication Services
SHOP Shopify Inc. Technology Software
SIA Sienna Senior Living Inc. Healthcare Healthcare Providers & Services
SVM Silvercorp Metals Inc. Basic Materials Metals & Mining
SIL SilverCrest Metals Inc. Basic Materials Metals & Mining
ZZZ Sleep Country Canada Holdings Inc. Consumer Cyclical Retail Cyclical
SRU.UN SmartCentres Real Estate Investment Trust Real Estate REITs
SNC SNC-Lavalin Group Inc. Industrials Construction
TOY Spin Master Corp. Consumer Cyclical Travel & Leisure
SII Sprott Inc. Financial Services Asset Management
SSRM SSR Mining Inc. Basic Materials Metals & Mining
STN Stantec Inc. Industrials Construction
SJ Stella-Jones Inc. Basic Materials Forest Products
SMU.UN Summit Industrial Income REIT Real Estate REITs
SLF Sun Life Financial Inc. Financial Services Insurance
SU Suncor Energy Inc. Energy Oil & Gas
SPB Superior Plus Corp. Utilities Regulated Utilities
TRP TC Energy Corporation Energy Oil & Gas
TECK.B Teck Resources Limited Basic Materials Metals & Mining
T Telus Corporation Communication Services Telecommunication Services
TGZ Teranga Gold Corporation Basic Materials Metals & Mining
TFII TFI International Inc. Industrials Transportation
NWC The North West Company Inc. Consumer Defensive Retail Defensive
TRI Thomson Reuters Corporation Industrials Business Services
X TMX Group Limited Financial Services Capital Markets
TXG Torex Gold Resources Inc. Basic Materials Metals & Mining
TIH Toromont Industries Ltd. Industrials Industrial Distribution
TD Toronto-Dominion Bank Financial Services Banks
TOU Tourmaline Oil Corp. Energy Oil & Gas
TA TransAlta Corporation Utilities Independent Power Producers
RNW TransAlta Renewables Inc. Utilities Independent Power Producers
TCL.A Transcontinental Inc. Industrials Business Services
TCN Tricon Capital Group Inc. Real Estate Real Estate
TRIL Trillium Therapeutics Inc. Healthcare Biotechnology
VET Vermilion Energy Inc. Energy Oil & Gas
WCN Waste Connections Inc. Industrials Waste Management
WDO Wesdome Gold Mines Ltd. Basic Materials Metals & Mining
WFT West Fraser Timber Co. Ltd. Basic Materials Forest Products
WTE Westshore Terminals Investment Corporation Industrials Transportation
WPM Wheaton Precious Metals Corp. Basic Materials Metals & Mining
WCP Whitecap Resources Inc. Energy Oil & Gas
WPK Winpak Ltd. Consumer Cyclical Packaging & Containers
WIR.UN WPT Industrial Real Estate Investment Trust Real Estate REITs
WSP WSP Global Inc. Industrials Construction
YRI Yamana Gold Inc. Basic Materials Metals & Mining

Exchange-traded funds[edit]

There are currently no ETFs that match the S&P/TSX Composite Index; however, the iShares S&P/TSX Completion Index Fund (TSXXMD) combined with the iShares S&P/TSX 60 Index Fund (TSXXIU) can give equivalent exposure. The iShares S&P/TSX Capped Composite Index Fund (TSXXIC) and BMO S&P/TSX Capped Composite Index Fund (TSXZCN) 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 (TSXXEG)
  • S&P/TSX Capped Financial Services Index Fund (TSXXFN)
  • S&P/TSX Capped Technology Index Fund (TSXXIT)
  • S&P/TSX Capped Basic Materials Index Fund (TSXXMA)
  • S&P/TSX Capped REIT Index Fund (TSXXRE)

See also[edit]

Notes[edit]

  1. ^ TSX methodology via Wikinvest
  2. ^ "TSE Composite Index simple returns 1946 to 2004" (PDF). web.archive.org. 2007-07-20. Retrieved 2020-01-19.
  3. ^ "S&P/TSX Composite Index (Canada) Yearly Stock Returns". www.1stock1.com. Retrieved 2020-01-19.
  4. ^ "S&P/TSX Composite index (^GSPTSE) Historical Data - Yahoo Finance". ca.finance.yahoo.com. Retrieved 2020-01-21.
  5. ^ a b Sectors and Industries based on industry classifications at TMX Money

External links[edit]