Canada’s benchmark S&P/TSX Composite Index is up by 7.12% on price return basis year-to-date as of December 21, 2023. The YTD total return, which includes reinvested dividends, is even better at 10.58%.

The TSX Composite Index has generated an annual total average return of 7.51% over the past 100 years from 1920 to 2022 according to a report by AGF Management Limited. As with other developed markets, there have been more positive years than negative during this period. Another point to remember is that many times negative years are followed by positive years as hi-lighted with one example in the chart below. This shows the importance of staying in the market for the long-term.

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Source: 2023 Quick Reference Guide, AGF

Related ETF:

•  iShares MSCI Canada ETF (EWC)

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