What is the difference between the S&P 500 and the TSX 60?

Compared to the S&P 500, the S&P/TSX 60 is more heavily weighted towards the financial and energy sectors. To track the S&P/TSX 60, you can buy iShares S&P/TSX 60 Index ETF (TSX:XIU). This ETF is the oldest one in Canada, with assets under management of more than $11 billion and high liquidity.

What is the S&P/TSX 60?

The S&P/TSX 60 is a market cap-weighted index of the 60 largest stocks trading on the Toronto Stock Exchange (TSX). Its top holdings consist of blue-chip stocks such as Royal Bank of Canada, Shopify, Enbridge, and Canadian National Railway. Compared to the S&P 500, the S&P/TSX 60 is more heavily weighted towards the financial and energy sectors.

What stocks are in the S&P/TSX 60 Index ETF?

Its top holdings consist of blue-chip stocks such as Royal Bank of Canada, Shopify, Enbridge, and Canadian National Railway. Compared to the S&P 500, the S&P/TSX 60 is more heavily weighted towards the financial and energy sectors. To track the S&P/TSX 60, you can buy iShares S&P/TSX 60 Index ETF ( TSX:XIU ).

Is Canada's S&P/TSX 60 Index a good investment?

Canada’s benchmark S&P/TSX 60 Index is the most passive investors in the country track. The index includes 60 of the largest companies by market capitalization listed on the Toronto Stock Exchange. Over the past 10 years, since the financial crisis, the index has delivered a 114% return.