S&P/TSX 60
The S&P/TSX 60 Index is a stock market index of 60 large companies listed on the Toronto Stock Exchange. Maintained by the Canadian S&P Index Committee, a unit of Standard & Poor's, it exposes the investor to nine industry sectors.
Combined with the S&P/TSX Completion Index it forms the S&P/TSX Composite Index.
The S&P/TSX 60 Index is designed to represent leading companies in leading industries. Its 60 stocks make it ideal for coverage of companies with large market capitalizations and a cost-efficient way to achieve Canadian equity exposure. The S&P/TSX 60 Index also represents the Canadian component of Standard & Poor's flagship S&P Global 1200.[1] The S&P/TSX 60 Index was launched on December 30, 1998.[2]
Constituents
As of July 1, 2023 the constituents were:[1]
Sector weights
The weighting of the Global Industry Classification Standard (GICS) as of October 12, 2022 are:[1]
| Financials | 34.91 |
| Energy | 19.04 |
| Industrials | 12.12 |
| Materials | 10.54 |
| Communication Services | 5.80 |
| Information Technology | 5.16 |
| Consumer Staples | 4.42 |
| Utilities | 3.72 |
| Consumer Discretionary | 3.68 |
TSX 60-based funds
The iShares S&P/TSX 60 Index Fund (TSX: XIU) and the Horizons S&P/TSX 60 Index ETF (TSX: HXT) are Canadian exchange-traded index funds that are tied to the S&P/TSX 60.
See also
References
- "S&P/TSX 60 Index". TMX Datalinx. Retrieved October 12, 2022.
- "S&P/TSX 60". - S&P Dow Jones Indices. Retrieved May 6, 2020.