S&P/TSX Composite Index
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. Having replaced the TSE 300 Composite Index on May 1, 2002, as of 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.| 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 |
| 2021 | 21,222.84 | 3,789.48 | 21.74 |
| 2022 | 19,384.92 | −1,837.92 | −8.66 |
| 2023 | 20,958.40 | 1,573.48 | 8.12 |
| 2024 | 24,727.90 | 3,769.50 | 17.98 |
List of companies
the S&P/TSX Composite Index comprised the following 223 companies:| Ticker | Company | Sector | Industry |
| Advantage Energy Ltd. | Energy | Oil & Gas Exploration and Production | |
| Agnico Eagle Mines Limited | Basic Materials | Metals & Mining | |
| Air Canada | Industrials | Transportation | |
| Alamos Gold Inc. | Basic Materials | Metals & Mining | |
| Algoma Steel Group Inc. | Basic Materials | Steel | |
| Algonquin Power & Utilities Corp. | Energy | Renewable Energy Producers | |
| Alimentation Couche-Tard Inc. | Consumer Cyclical | Retail - Discretionary | |
| Allied Properties Real Estate Investment Trust | Real Estate | REITs | |
| AltaGas Ltd. | Utilities | Regulated Utilities | |
| Altus Group Limited | Real Estate | Real Estate | |
| ARC Resources Ltd. | Energy | Oil & Gas Exploration and Production | |
| Aritzia Inc. | Consumer Cyclical | Retail - Discretionary | |
| ATCO Ltd. | Utilities | Regulated Utilities | |
| Athabasca Oil Corporation | Energy | Oil & Gas Exploration and Production | |
| AtkinsRéalis Group Inc. | Industrials | Construction | |
| ATS Corporation | Industrials | Industrial Products | |
| Aya Gold & Silver Inc. | Basic Materials | Metals & Mining | |
| B2Gold Corp. | Basic Materials | Metals & Mining | |
| Badger Infrastructure Solutions Ltd. | Industrials | Construction | |
| Bank of Montreal | Financial Services | Banks | |
| Bank of Nova Scotia | Financial Services | Banks | |
| Barrick Gold Corporation | Basic Materials | Metals & Mining | |
| Bausch Health Companies Inc. | Healthcare | Drug Manufacturers | |
| Baytex Energy Corp. | Energy | Oil & Gas Exploration and Production | |
| BCE Inc. | Communication Services | Telecommunication Services | |
| Birchcliff Energy Ltd. | Energy | Oil & Gas Exploration and Production | |
| Bird Construction Inc. | Industrials | Construction | |
| BlackBerry Limited | Information Technology | Software | |
| Boardwalk Real Estate Investment Trust | Real Estate | REITs | |
| Bombardier Inc. | Industrials | Aerospace & Defense | |
| Boralex Inc. | Energy | Renewable Energy Producers | |
| Boyd Group Services Inc. | Consumer Cyclical | Personal Services | |
| Brookfield Asset Management Ltd. | Financial Services | Asset Management | |
| Brookfield Business Partners L.P. | Industrials | Conglomerates | |
| Brookfield Corporation | Financial Services | Asset Management | |
| Brookfield Infrastructure Partners L.P. | Utilities | Regulated Utilities | |
| Brookfield Renewable Partners L.P. | Energy | Renewable Energy Producers | |
| BRP Inc. | Consumer Cyclical | Vehicles & Parts | |
| CAE Inc. | Industrials | Aerospace & Defense | |
| Calibre Mining Corp. | Basic Materials | Metals & Mining | |
| Cameco Corporation | Energy | Other Energy Sources | |
| Canadian Apartment Properties Real Estate Investment Trust | Real Estate | REITs | |
| Canadian Imperial Bank of Commerce | Financial Services | Banks | |
| Canadian National Railway Company | Industrials | Transportation | |
| Canadian Natural Resources Limited | Energy | Oil & Gas Exploration and Production | |
| Canadian Pacific Kansas City Limited | Industrials | Transportation | |
| Canadian Tire Corporation Limited | Consumer Cyclical | Retail - Discretionary | |
| Canadian Utilities Limited | Utilities | Regulated Utilities | |
| Canadian Western Bank | Financial Services | Banks | |
| Capital Power Corporation | Utilities | Independent Power Producers | |
| Capstone Copper Corp. | Basic Materials | Metals & Mining | |
| Cargojet Inc. | Industrials | Transportation | |
| CCL Industries Inc. | Consumer Cyclical | Packaging & Containers | |
| Celestica Inc. | Information Technology | Hardware & Equipment | |
| Cenovus Energy Inc. | Energy | Integrated Oil & Gas | |
| Centerra Gold Inc. | Basic Materials | Metals & Mining | |
| CES Energy Solutions Corp. | Energy | Oil & Gas Equipment & Services | |
| CGI Inc. | Information Technology | Software | |
| Chartwell Retirement Residences | Real Estate | Real Estate | |
| Choice Properties Real Estate Investment Trust | Real Estate | REITs | |
| CI Financial Corp. | Financial Services | Asset Management | |
| Cogeco Communications Inc. | Communication Services | Telecommunication Services | |
| Colliers International Group Inc. | Real Estate | Real Estate | |
| Constellation Software Inc. | Information Technology | Software | |
| Crombie Real Estate Investment Trust | Real Estate | REITs | |
| CT Real Estate Investment Trust | Real Estate | REITs | |
| Definity Financial Corporation | Financial Services | Insurance | |
| Denison Mines Corp. | Energy | Other Energy Sources | |
| Descartes Systems Group Inc. | Information Technology | Software | |
| Dollarama Inc. | Consumer Staples | Retailers - Staples | |
| Dream Industrial Real Estate Investment Trust | Real Estate | REITs | |
| Dundee Precious Metals Inc. | Basic Materials | Metals & Mining | |
| Eldorado Gold Corporation | Basic Materials | Metals & Mining | |
| Element Fleet Management Corp. | Industrials | Business Services | |
| Emera Incorporated | Utilities | Regulated Utilities | |
| Empire Company Limited | Consumer Staples | Retailers - Staples | |
| Enbridge Inc. | Energy | Oil & Gas Storage/Transport | |
| Energy Fuels Inc. | Energy | Other Energy Sources | |
| Enghouse Systems Limited | Information Technology | Software | |
| EQB Inc. | Financial Services | Banks | |
| Equinox Gold Corp. | Basic Materials | Metals & Mining | |
| Ero Copper Corp. | Basic Materials | Metals & Mining | |
| Exchange Income Corporation | Industrials | Transportation | |
| Fairfax Financial Holdings Limited | Financial Services | Insurance | |
| Filo Corp. | Basic Materials | Metals & Mining | |
| Finning International Inc. | Industrials | Industrial Distribution | |
| First Capital Real Estate Investment Trust | Real Estate | REITs | |
| First Majestic Silver Corp. | Basic Materials | Metals & Mining | |
| First Quantum Minerals Ltd. | Basic Materials | Metals & Mining | |
| FirstService Corporation | Real Estate | Real Estate | |
| Fortis Inc. | Utilities | Regulated Utilities | |
| Fortuna Mining Corp. | Basic Materials | Metals & Mining | |
| Franco-Nevada Corporation | Basic Materials | Metals & Mining | |
| Freehold Royalties Ltd. | Energy | Oil & Gas Exploration and Production | |
| George Weston Limited | Consumer Staples | Retailers - Staples | |
| GFL Environmental Inc. | Industrials | Waste Management | |
| Gibson Energy Inc. | Energy | Oil & Gas Storage/Transport | |
| Gildan Activewear Inc. | Consumer Cyclical | Apparel & Accessories | |
| goeasy Ltd. | Financial Services | Credit Services | |
| Granite Real Estate Investment Trust | Real Estate | REITs | |
| Great-West Lifeco Inc. | Financial Services | Insurance | |
| H&R Real Estate Investment Trust | Real Estate | REITs | |
| Headwater Exploration Inc. | Energy | Oil & Gas Exploration and Production | |
| Hudbay Minerals Inc. | Basic Materials | Metals & Mining | |
| Hydro One Limited | Utilities | Regulated Utilities | |
| iA Financial Corporation Inc. | Financial Services | Insurance | |
| Iamgold Corporation | Basic Materials | Metals & Mining | |
| IGM Financial Inc. | Financial Services | Asset Management | |
| Imperial Oil Limited | Energy | Integrated Oil & Gas | |
| Innergex Renewable Energy Inc. | Energy | Renewable Energy Producers | |
| Intact Financial Corporation | Financial Services | Insurance | |
| Interfor Corporation | Basic Materials | Forest Products | |
| International Petroleum Corporation | Energy | Oil & Gas Exploration and Production | |
| InterRent Real Estate Investment Trust | Real Estate | REITs | |
| Ivanhoe Mines Ltd. | Basic Materials | Metals & Mining | |
| Jamieson Wellness Inc. | Consumer Staples | Consumer Packaged Goods | |
| K92 Mining Inc. | Basic Materials | Metals & Mining | |
| Kelt Exploration Ltd. | Energy | Oil & Gas Exploration and Production | |
| Keyera Corp. | Energy | Oil & Gas Storage/Transport | |
| Killam Apartment Real Estate Investment Trust | Real Estate | REITs | |
| Kinaxis Inc. | Information Technology | Software | |
| Kinross Gold Corporation | Basic Materials | Metals & Mining | |
| Labrador Iron Ore Royalty Corporation | Basic Materials | Steel | |
| Laurentian Bank of Canada | Financial Services | Banks | |
| Lightspeed Commerce Inc. | Information Technology | Software | |
| Linamar Corporation | Consumer Cyclical | Vehicles & Parts | |
| Loblaw Companies Limited | Consumer Staples | Retailers - Staples | |
| Lundin Gold Inc. | Basic Materials | Metals & Mining | |
| Lundin Mining Corporation | Basic Materials | Metals & Mining | |
| MAG Silver Corp. | Basic Materials | Metals & Mining | |
| Magna International Inc. | Consumer Cyclical | Vehicles & Parts | |
| Manulife Financial Corporation | Financial Services | Insurance | |
| Maple Leaf Foods Inc. | Consumer Staples | Consumer Packaged Goods | |
| Mattr Corp. | Energy | Oil & Gas Equipment & Services | |
| MDA Space Ltd. | Industrials | Aerospace & Defense | |
| MEG Energy Corp. | Energy | Oil & Gas Exploration and Production | |
| Methanex Corporation | Basic Materials | Chemicals | |
| Metro Inc. | Consumer Staples | Retailers - Staples | |
| MTY Food Group Inc. | Consumer Cyclical | Restaurants | |
| Mullen Group Ltd. | Industrials | Transportation | |
| National Bank of Canada | Financial Services | Banks | |
| New Gold Inc. | Basic Materials | Metals & Mining | |
| NexGen Energy Ltd. | Energy | Other Energy Sources | |
| NFI Group Inc. | Consumer Cyclical | Vehicles & Parts | |
| North West Company Inc. | Consumer Staples | Retailers - Staples | |
| Northland Power Inc. | Energy | Renewable Energy Producers | |
| NorthWest Healthcare Properties Real Estate Investment Trust | Real Estate | REITs | |
| NovaGold Resources Inc. | Basic Materials | Metals & Mining | |
| Nutrien Ltd. | Basic Materials | Agriculture | |
| Nuvei Corporation | Information Technology | Software | |
| NuVista Energy Ltd. | Energy | Oil & Gas Exploration and Production | |
| OceanaGold Corporation | Basic Materials | Metals & Mining | |
| Onex Corporation | Financial Services | Asset Management | |
| Open Text Corporation | Information Technology | Software | |
| Orla Mining Ltd. | Basic Materials | Metals & Mining | |
| Osisko Gold Royalties Ltd. | Basic Materials | Metals & Mining | |
| Osisko Mining Inc. | Basic Materials | Metals & Mining | |
| Pan American Silver Corp. | Basic Materials | Metals & Mining | |
| Paramount Resources Ltd. | Energy | Oil & Gas Exploration and Production | |
| Parex Resources Inc. | Energy | Oil & Gas Exploration and Production | |
| Parkland Corporation | Energy | Oil & Gas Refining & Marketing | |
| Pason Systems Inc. | Energy | Oil & Gas Equipment & Services | |
| Pembina Pipeline Corporation | Energy | Oil & Gas Storage/Transport | |
| Pet Valu Holdings Ltd. | Consumer Cyclical | Retail - Discretionary | |
| Peyto Exploration & Development Corp. | Energy | Oil & Gas Exploration and Production | |
| Power Corporation of Canada | Financial Services | Insurance | |
| PrairieSky Royalty Ltd. | Energy | Oil & Gas Exploration and Production | |
| Precision Drilling Corporation | Energy | Oil & Gas Drilling | |
| Premium Brands Holdings Corporation | Consumer Staples | Consumer Packaged Goods | |
| Primaris Real Estate Investment Trust | Real Estate | REITs | |
| Primo Water Corporation | Consumer Staples | Non-Alcoholic Beverages | |
| Quebecor Inc. | Communication Services | Telecommunication Services | |
| Restaurant Brands International Inc. | Consumer Cyclical | Restaurants | |
| Richelieu Hardware Ltd. | Consumer Cyclical | Home and Homeware | |
| RioCan Real Estate Investment Trust | Real Estate | REITs | |
| Rogers Communications Inc. | Communication Services | Telecommunication Services | |
| Royal Bank of Canada | Financial Services | Banks | |
| Russel Metals Inc. | Industrials | Industrial Distribution | |
| Sandstorm Gold Ltd. | Basic Materials | Metals & Mining | |
| Saputo Inc. | Consumer Staples | Consumer Packaged Goods | |
| Seabridge Gold Inc. | Basic Materials | Metals & Mining | |
| Secure Energy Services Inc. | Industrials | Waste Management | |
| Shopify Inc. | Information Technology | Software | |
| Sienna Senior Living Inc. | Healthcare | Healthcare Providers & Services | |
| SilverCrest Metals Inc. | Basic Materials | Metals & Mining | |
| SmartCentres Real Estate Investment Trust | Real Estate | REITs | |
| South Bow Corporation | Energy | Oil & Gas Storage/Transport | |
| Spin Master Corp. | Consumer Cyclical | Travel & Leisure | |
| Sprott Inc. | Financial Services | Asset Management | |
| SSR Mining Inc. | Basic Materials | Metals & Mining | |
| Stantec Inc. | Industrials | Construction | |
| Stelco Holdings Inc. | Basic Materials | Steel | |
| Stella-Jones Inc. | Basic Materials | Forest Products | |
| StorageVault Canada Inc. | Real Estate | Real Estate | |
| Sun Life Financial Inc. | Financial Services | Insurance | |
| Suncor Energy Inc. | Energy | Integrated Oil & Gas | |
| Superior Plus Corp. | Utilities | Regulated Utilities | |
| Tamarack Valley Energy Ltd. | Energy | Oil & Gas Exploration and Production | |
| TC Energy Corporation | Energy | Oil & Gas Storage/Transport | |
| Teck Resources Limited | Basic Materials | Metals & Mining | |
| Telus Corporation | Communication Services | Telecommunication Services | |
| TFI International Inc. | Industrials | Transportation | |
| Thomson Reuters Corporation | Industrials | Business Services | |
| Tilray Brands Inc. | Healthcare | Drug Manufacturers | |
| TMX Group Limited | Financial Services | Capital Markets | |
| Topaz Energy Corp. | Energy | Oil & Gas Storage/Transport | |
| Torex Gold Resources Inc. | Basic Materials | Metals & Mining | |
| Toromont Industries Ltd. | Industrials | Industrial Distribution | |
| Toronto-Dominion Bank | Financial Services | Banks | |
| Tourmaline Oil Corp. | Energy | Oil & Gas Exploration and Production | |
| TransAlta Corporation | Utilities | Independent Power Producers | |
| Transcontinental Inc. | Consumer Cyclical | Packaging & Containers | |
| Triple Flag Precious Metals Corp. | Basic Materials | Metals & Mining | |
| Trisura Group Ltd. | Financial Services | Insurance | |
| Veren Inc. | Energy | Oil & Gas Exploration and Production | |
| Vermilion Energy Inc. | Energy | Oil & Gas Exploration and Production | |
| Waste Connections Inc. | Industrials | Waste Management | |
| Wesdome Gold Mines Ltd. | Basic Materials | Metals & Mining | |
| West Fraser Timber Co. Ltd. | Basic Materials | Forest Products | |
| Wheaton Precious Metals Corp. | Basic Materials | Metals & Mining | |
| Whitecap Resources Inc. | Energy | Oil & Gas Exploration and Production | |
| Winpak Ltd. | Consumer Cyclical | Packaging & Containers | |
| WSP Global Inc. | Industrials | Construction |
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 combined with the iShares S&P/TSX 60 Index Fund can give equivalent exposure. The iShares S&P/TSX Capped Composite Index Fund and BMO S&P/TSX Capped Composite Index Fund 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
- S&P/TSX Capped Financial Services Index Fund
- S&P/TSX Capped Technology Index Fund
- S&P/TSX Capped Basic Materials Index Fund
- S&P/TSX Capped REIT Index Fund