The S&P/TSX Composite Index is the benchmark Canadian stock market 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, as of September 20, 2021, the S&P/TSX Composite Index comprises 237 of the 3,451 companies listed on the TSX. The index surpassed 30,000 points for the first time and reached an intraday high of 30,066 on September 23, 2025.
Eligibility
To be eligible for inclusion in the Composite Index:
- 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.
List of companies
On April 20, 2026 the S&P/TSX Composite Index comprised the following 220 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)