Once we put the TSX and the S\u0026amp\u003BP 500 on a comparable weighting, the returns are nearly identical. Read more.
so far this year, with the former up just 3.3 per cent in price terms while the latter has gained 11.5 per cent year to date.Canada's best source for investing news, analysis, and insight on investment strategies, stocks and more.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
Our work reveals that the entirety of this disconnect can be attributed to different sector weightings. Notably, thehas a very small weight in technology — this year’s top performer — but large weightings in cyclical sectors such as financials, energy and industrials . But once we put both markets on a comparable weighting, the returns are nearly identical.
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