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TSX-60 index

What is the TSX-60 index?

The TSX-60 index is a free-float capital-weighted stock market index made up of 60 of the financially largest companies listed on the Toronto Stock Exchange. It is maintained by the Canadian S&P Index Committee and is also known as the S&P/TSX 60.

Key takeaways

  • The TSX-60 index is a capital-weighted stock market index comprising 60 of the largest companies listed on the Toronto Stock Exchange.

  • The index covers 10 diverse industry sectors including Financials, Energy, Materials, Industrials, Telecommunication Services, Consumer Discretionary, Consumer Staples, Information Technology, Utilities, and Health Care.

  • When combined with the S&P/TSX Completion Index, it forms the S&P/TSX Composite Index with 250 companies representing 70% of TSX market capitalization.

  • The TSX-60 serves as the Canadian component of the S&P Global 1200 Index and can be a starting point for building investment portfolios.

  • The diverse industry spread provides investors with access to the large capitalization sector of the Canadian equity market through Toronto Stock Exchange data.

The TSX-60 index represents some of Canada's biggest companies, as well as being the Canadian component of the S&P Global 1200 Index. As part of the S&P/TSX Composite Index, the TSX-60 index can be one of the starting points for investors building a portfolio.

What you need to know about the TSX-60 index.

The 60 companies listed on the TSX-60 index cover the following industry sectors:

  • Financials

  • Energy

  • Materials

  • Industrials

  • Telecommunication Services

  • Consumer Discretionary

  • Consumer Staples

  • Information Technology

  • Utilities

  • Health Care

This industry spread is beneficial to investors and investment managers as it gives them access to the large capitalisation sector of the Canadian equity market.

When the TSX-60 index and the S&P/TSX Completion Index combine, they form a benchmark Canadian index known as the S&P/TSX Composite Index. It includes 250 companies and represents around 70% of the total market capitalisation on the Toronto Stock Exchange.

Both the real-time and historical data for the TSX-60 index is distributed by the Toronto Stock Exchange.