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BLUE CHIP INDICES

STOXX Canada 60

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Index Description

The STOXX Canada 60 Index represents the performance of the 60 largest Canadian companies from among the 11 ICB industries in terms of free-float market cap. It is an industry-neutral index and is derived from the STOXX� Canada 240 Index.

Key facts

  • Components are selected from among the top 90% of Canadian companies in each of the 11 ICB industries in terms of free-float market cap.
  • Capping mechanism ensures sector-neutral approach.

Descriptive Statistics

Index Market Cap (CAD bn) Components (CAD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX Canada 60 3,105.3 2,826.3 47.1 33.9 218.9 9.4 7.7 0.3 5.0
STOXX Canada 240 3,907.9 3,541.6 14.8 3.8 249.3 0.7 7.0 0.0 2.7

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
STOXX Canada 60 4.3 19.8 23.8 28.8 44.2 N/A N/A 24.3 8.9 7.7
STOXX Canada 240 4.7 21.3 25.5 28.7 49.2 N/A N/A 25.9 8.9 8.4
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Canada 60 N/A N/A 9.8 12.2 18.0 N/A N/A 1.9 0.5 0.3
STOXX Canada 240 N/A N/A 10.0 12.6 18.3 N/A N/A 2.0 0.4 0.4
Index to benchmark Correlation Tracking error (%)
STOXX Canada 60 1.0 1.0 1.0 1.0 1.0 0.8 1.1 1.2 1.4 1.7
Index to benchmark Beta Annualized information ratio
STOXX Canada 60 1.0 1.0 1.0 1.0 1.0 -5.3 -1.3 -1.2 0.0 -0.5

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(CAD, Price), all data as of November 29, 2024

BLUE CHIP INDICES

STOXX Canada 60

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
STOXX Canada 60 20.9 16.8 20.1 20.1 2.1 3.0 2.1 -27.4
STOXX Canada 240 22.6 16.8 19.4 19.4 2.1 3.0 1.8 -21.7

Performance and annual returns

Methodology

The STOXX Canada 60 Index provides a blue-chip representation of the 60 largest Canadian companies from among the 11 ICB industries in terms of free-float market cap. It is an industry-neutral index and is derived from the STOXX Canada 240 Index.


First, the largest companies belonging to each ICB industry from the STOXX Canada 240 Index are shortlisted to form an initial selection list. The 60 largest companies from the selection list are then selected to form the index.


All components are weighted according to their free-float market cap. A capping procedure is employed to ensure that the index follows a sector-neutral approach with respect to the STOXX Canada 240 Index: cap factors are assigned in order to ensure that the weight of each ICB industry within the STOXX Canada 60 Index represents the weight of the same industry within the STOXX Canada 240 Index.


The detailed methodology including the calculation formula can be found in our rulebooks: www.stoxx.com/rulebooks

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return CAD CH0387328138 SXCA6A .SXCA6A
Price CAD CH0387328104 SXCA6C SXCA6C INDEX .SXCA6C
Gross Return CAD CH0387328088 SXCA6GA SXCA6GA INDEX .SXCA6GA
Net Return EUR CH0387328070 SXCA6R .SXCA6R
Gross Return EUR CH0387328054 SXCA6GR .SXCA6GR
Price EUR CH0387328112 SXCA6P .SXCA6P
Gross Return USD CH0387328120 SXCA6GV .SXCA6GV
Net Return USD CH0387328062 SXCA6V .SXCA6V
Price USD CH0387328096 SXCA6L .SXCA6L

Quick Facts

Weighting Free Float Mcap
Cap Factor Depending on sector weights
No. of components 60
Review frequency Quarterly
Calculation/distribution realtime 15 sec
Calculation hours 15:30 CET 22:00 CET
Base value/base date 100 as of Mar. 16, 2007
History Mar. 16 2007
Inception date Nov. 08, 2017
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
Royal Bank of Canada Banks Canada 7.746%
Enbridge Inc. Energy Canada 4.427%
Toronto-Dominion Bank Banks Canada 4.304%
BROOKFIELD CORPORATION Financial Services Canada 4.072%
Canadian Pacific Kansas City Industrial Goods and Services Canada 3.543%
Canadian Natural Resources Ltd Energy Canada 3.386%
CONSTELLATION SOFTWARE Technology Canada 3.238%
Canadian National Railway Co. Industrial Goods and Services Canada 3.201%
Bank of Nova Scotia Banks Canada 3.070%
Bank of Montreal Banks Canada 3.026%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of November 29, 2024

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.