The S&P/TSX Composite Index is an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange (TSX) as measured by market capitalization. The Toronto Stock Exchange listed companies in this index comprise about 70% of market capitalization for all Canadian-based companies listed on the TSX. It replaces the earlier TSE 300 index.
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To be eligible for inclusion in the Composite index[1] :
Effective at the open on December 19, 2011.
There are currently no ETF's 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) matches the diversity of the index but the relative weighting of each constituent is capped at 10%.
Several ETF's exist to provide exposure to segments of the index, these include: