The S&P/TSX Composite Index (TXCX) is Canada's primary stock market index, maintained by Standard & Poor's. It comprises the largest companies listed on the TSX (Toronto Stock Exchange), serving as the institutional investable benchmark for Canadian equity performance. The index is representative, liquid, and tradable, addressing the needs of investment managers to benchmark against portfolios with substantial size and liquidity. Listed companies range in size and collectively account for a significant portion of Canada's market capitalization. The S&P/TSX Composite offers optimal diversification, covering all 11 GICS (Global Industry Classification Standard) sectors, with Financials and Energy sectors making up a large part. The index's constituents are reviewed and rebalanced quarterly by S&P, ensuring it accurately reflects the evolving Canadian market.

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