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  5. XGD: The plunge in gold on Friday, followed by another today, have coincided with a steep plunge in the TSX on both days. [iShares S&P/TSX Global Gold Index ETF]

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Q: The plunge in gold on Friday, followed by another today, have coincided with a steep plunge in the TSX on both days. Do we have any idea just how much of the outperformance of the TSX this year is due solely to metals, especially precious metals? Obviously a lot, since the TSX is now underperforming the S&P this month.
Asked by John on October 21, 2025
5i Research Answer:
Some of the index data is not available. But the materials sector is 16% of the TSX, and it is...
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