If the stocks listed on the TSX all went up 10 percent, your XIU large-cap exchange-traded fund would go up 15 percent.

Question

Quizplus · Accepted Answer

The XIU large-cap exchange-traded fund tracks the performance of the S&P/TSX 60 Index, which represents Canada's largest and most liquid stocks. If all the stocks listed on the TSX went up by 10%, it does not necessarily mean that the S&P/TSX 60 Index would go up by 10%, as the index is a weighted average of the 60 companies' stock prices. Therefore, it is unlikely that the XIU ETF would go up by 15% if all the stocks listed on the TSX went up by 10%.

If the Stocks Listed on the TSX All Went Up