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What are the TSX-60 companies?

Published in Canadian Stock Index 2 mins read

The TSX-60 index comprises 60 of the largest and most actively traded companies listed on the Toronto Stock Exchange, serving as a key benchmark for the Canadian equity market. While the full composition of the TSX-60 is subject to periodic reviews and changes, certain companies consistently hold the largest weighting within the index due to their market capitalization and liquidity.

The top companies that significantly influence the TSX-60 index, based on their weighting in tracking funds, include major players across various sectors. These leading constituents collectively represent a substantial portion of the index's total value, reflecting their prominence in the Canadian economy.

Here are some of the top companies by weighting within the S&P/TSX 60 Index:

Company Name Approximate Weighting in Tracking ETF
Royal Bank of Canada 8.41%
Shopify Inc. 6.61%
The Toronto-Dominion Bank 4.67%
Enbridge Inc. 4.45%
Brookfield Corporation 4.18%
Canadian Natural Resources Limited 3.41%
Canadian Pacific Kansas City Limited 3.37%
The Bank of Nova Scotia 3.31%

These companies, predominantly from the financial, energy, and technology sectors, are pivotal to the performance of the TSX-60. Their strong market presence and large capitalization make them key indicators of the Canadian stock market's health and direction. Investors often track these top holdings to understand broader market trends and opportunities.

For a comprehensive and up-to-date list of all companies included in the TSX-60 index, it is advisable to consult the holdings of an S&P/TSX 60 Index Exchange Traded Fund (ETF), such as the iShares S&P/TSX 60 Index ETF (XIU.TO), which regularly updates its constituents to mirror the index.