What Is the S&P TSX Composite Index?

The S&P TSX Composite Index is the main indicator for the Canadian stock market, akin to the S&P 500 in the U.S. It’s a measure of the stock market’s health. If someone says “Canadian stocks were up today,” she’s most likely referring to the TSX index.

What Is the TSX Composite?

The TSX composite index tracks the stock returns of the largest companies in Canada.

Related: What is the Toronto Stock Exchange (TSX)?

What’s the Average Return of the TSX Composite?

Since December 1979, the TSX composite index has returned an average of 8.7% per year, including the reinvestment of dividends. Over the past 10 years, it has gained an average 7.3% per year, including the reinvestment of dividends. Annual returns vary from year to year. During the years from 1988 to 2022, the index posted annual gains 24 times and annual losses 11 times.

How Many Companies Are in the S&P TSX Composite?

Currently, 225 companies are included in the TSX composite index. Stocks sometimes get added to or dropped from the list depending on their market capitalization.

List of Companies in the TSX Composite Index