CSE Composite Index

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CSE Composite Index™

The CSE Composite Index is a broad indicator of market activity for the Canadian Securities Exchange (CSE). With approximately 75% coverage of all equities listed on the CSE it is a uniquely positioned gauge of the Canadian small cap market. The index provides a distinctly different risk/return profile than the broad Canadian equity market.

Index Methodology

The CSE Composite Index follows a set of rules which are published on the CSE website. The index is administered by Solactive AG as the calculation agent. Solactive calculates indices for 350 clients in Europe, America and Asia. The index policies and procedures are maintained by an Index Committee. The committee, in its sole discretion determines how policies and procedures are interpreted and over time may update the policies and procedures of the index if deemed necessary. 

For a detailed description of the methodology, click here: CSE Composite Index Methodology PDF icon cse_composite_index_methodology.pdf

Index Maintenance

The index will be rebalanced quarterly on the third Friday in each of March, June, September and December.  The index will be reconstituted based on eligibility criteria and deletion criteria, and the shares adjusted (if required) for index constituents.

Criteria for Index Additions

Listing - Companies must be listed on the CSE.
Size - Only securities with a minimum market capitalization of $5 million are eligible for inclusion.
Seasoning Requirement - A security is not eligible for inclusion for the first rebalance of the index after its listing. However, a security is exempt from this minimum listing period if either of the following apply:

  • The security was listed on a recognized exchange in Canada immediately prior to its listing on the CSE; or
  • At the rebalance, when ranked by total market capitalization, the security falls within the top quartile of eligible securities listed on the CSE.

Criteria for Index Deletions

Buffer rule - At each quarterly rebalance, current constituents are assessed to ensure they have a minimum market capitalization of $4 million. 

Companies involved in corporate actions which result in them no longer qualifying for the index are removed once the transaction is closed.

The chart portrays the index using historical data from March 15, 2013 through February 26, 2015 and is provided for reference purposes only. The official index has been rebased at 1000 as of the market close on February 26, 2015.

For more detailed information about the Index, please click: PDF icon cse_composite_index.pdf.    

 

RETURNS - CSE COMPOSITE INDEX as at May 31, 2017

 1 month 3 month 6 month 1 year Since launch*
-6.69% -15.30% -6.91% 19.52% -24.45%

*Launch date of index is February 26, 2015

 

INDEX (as at June 20, 2017)

Symbol Security Name Weighting Sector Market Cap
AHG Alternate Health Corp. 5.19% Life Sciences $159,552,100
MARI Maricann Group Inc 3.49% Life Sciences $140,901,042
BCC The Canadian Bioceutical Corporation 2.94% Diversified Industries $123,555,114
URB.A Urbana Corporation A NV 3.18% Diversified Industries $101,066,500
TBP Tetra Bio Pharma Inc. 3.21% Diversified Industries $88,691,892
CRZ CannaRoyalty Corp. 2.70% Diversified Industries $86,942,159
MDM Marapharm Ventures Inc 2.52% Life Sciences $85,610,530
VGW Valens Groworks Corp. 1.77% Life Sciences $74,924,782
XMG MGX Minerals Inc. 1.82% Mining $64,801,984
LSL Liberty Silver Corp. 1.64% Mining $64,796,737
IN InMed Pharmaceuticals Inc. 1.33% Life Sciences $64,583,153
BLO Cannabix Technologies Inc. 1.82% Technology $64,387,856
BE Beleave Inc. 1.36% Life Sciences $63,578,856
THC THC Biomed Intl Ltd 1.43% Life Sciences $62,375,172
MRM Micromem Technologies Inc. 1.61% Technology $59,414,584
URG Oriental Non-Ferrous Resources Developme 2.47% Mining $55,875,000
EAC Earth Alive Clean Technologies Inc. 1.57% Technology $55,757,208
PKK Peak Positioning Technologies Inc. 1.18% Technology $54,478,509
RSS RESAAS Services Inc. 1.48% Technology $52,574,874
VST Victory Square Technologies Inc. 1.50% Technology $47,639,896
MOS Mobi724 Global Solutions Inc. 1.09% Technology $45,284,448
GLH Golden Leaf Holdings Ltd. 1.23% Diversified Industries $44,011,626
IAN iAnthus Capital Holdings Inc. 1.43% Life Sciences $43,249,620
EVA EVITRADE Health Systems Corp. 1.21% Technology $41,907,691
RIW RIWI Corp. 1.04% Technology $41,651,220
N Namaste Technologies Inc. 1.05% Diversified Industries $41,113,527
FLT Drone Delivery Canada Corp. 1.08% Technology $40,587,520
ATT Abattis Bioceuticals Corp. 0.73% Life Sciences $37,946,929
LOTO LottoGopher Holdings Inc. 1.19% Diversified Industries $36,853,088
LDS Lifestyle Delivery Systems Inc 1.13% Life Sciences $32,913,866
TER TerrAscend Corp. 1.38% Life Sciences $32,307,150
WUC Western Uranium Corporation 0.84% Mining $31,965,499
SUN Wildflower Marijuana Inc. 0.87% Life Sciences $31,866,801
VS Versus Systems Inc. 1.08% Technology $30,715,901
EAT Nutritional High International Inc. 0.63% Life Sciences $29,911,707
PSE Pasinex Resources Limited 0.77% Mining $29,805,182
LXX Lexaria Bioscience Corp. 0.78% Diversified Industries $29,550,441
CHV Canada House Wellness Group Inc. 0.71% Life Sciences $27,819,833
MTA Metalla Royalty and Streaming Ltd. 1.04% Mining $27,497,491
FFT Future Farm Technologies Inc. 0.66% Technology $26,319,982
TNY The Tinley Beverage Company Inc. 0.71% Diversified Industries $24,785,966
MJ True Leaf Medicine International Ltd. 0.77% Life Sciences $23,705,453
CIM CIM International Group Inc. 0.65% Diversified Industries $23,389,236
OWM One World Minerals Inc. 0.65% Mining $23,267,769
IWS International Wastewater Systems Inc. 0.65% Technology $22,849,819
MVT Maxtech Ventures Inc. 0.51% Diversified Industries $22,636,911
PDO PUDO Inc. 0.62% Diversified Industries $22,499,709
IRV Irving Resources Inc. 0.68% Mining $22,418,955
NUR Nuran Wireless Inc. 0.62% Technology $22,314,275
KWG KWG Resources Inc. 0.91% Mining $22,225,366
RLG West Red Lake Gold Mines Inc. 0.71% Mining $22,032,853
VAI VirtualArmour International Inc. 0.88% Technology $21,309,772
TLP.UN Tier One Capital Limited Partnership 0.64% Diversified Industries $20,719,812
CHX ChroMedX Corp. 0.62% Life Sciences $20,652,198
RGO Range Energy Resources Inc. 0.54% Oil and Gas $20,549,423
ISOL Isodiol International Inc. 0.64% Diversified Industries $20,465,627
AG.UN Arctic Glacier Income Fund 0.61% Diversified Industries $19,617,764
CO International Cobalt Corp 0.43% Mining $18,526,090
QCC Quadron Cannatech Corporation 0.32% Life Sciences $17,824,194
PCE.UN Petrocapita Income Trust 0.52% Oil and Gas $17,755,711
STX Starrex International Ltd. 0.59% Diversified Industries $17,449,396
PDH Premier Diversified Holdings Inc. 0.38% Diversified Industries $17,300,195
SNA Star Navigation Systems Group Ltd. 0.92% Technology $16,808,476
HP Hello Pal International Inc. 0.51% Technology $15,966,234
KNR Kontrol Energy Corp. 0.49% Technology $15,818,141
PUF PUF Ventures Inc. 0.49% Technology $15,800,193
RISE Rise Gold Corp. 0.35% Mining $15,298,523
JOB StartMonday Technology Corp. 0.52% Technology $15,069,533
DST Dundee Sustainable Technologies Inc. 0.42% Technology $14,854,540
CBK Copperbank Resources Corp. 0.72% Mining $14,704,290
IP Imagination Park Entertainment Inc. 0.43% Diversified Industries $14,584,825
CMC Cielo Waste Solutions Corp. 0.31% Technology $14,166,471
MYM MYM Nutraceuticals Inc. 0.73% Life Sciences $13,833,692
FDM Fandom Sports Media Corp. 1.00% Technology $13,751,927
CRL Carl Data Solutions Inc. 0.37% Technology $13,723,901
HGP Heritage Global Inc. 0.41% Technology $13,585,030
DEP Deploy Technologies Inc. 0.49% Technology $13,377,222
RZX Robix Environmental Technologies Inc. 0.34% CleanTech $13,102,560
GET Glance Technologies Inc. 0.40% Technology $12,745,346
NF New Age Farm Inc. 0.34% Life Sciences $12,599,269
J Lotus Ventures Inc. 0.39% Diversified Industries $12,526,839
TO Tower One Wireless Corp. 0.52% Technology $12,271,887
AFD Ansar Financial and Dev Corporation 0.37% Diversified Industries $12,238,019
AFI Affinor Growers Inc. 0.25% Life Sciences $12,039,049
FNQ Fineqia International Inc. 0.36% Diversified Industries $11,400,195
MMI Metalo Manufacturing Inc. 0.33% Diversified Industries $11,321,466
NC NetCents Technology Inc. 0.41% Technology $10,900,146
PRL Park Lawn Company Limited 0.27% Diversified Industries $10,509,000
LIB Liberty Leaf Holdings Ltd. 0.26% Life Sciences $10,168,384
NSM Northern Sphere Mining Corp. 0.22% Mining $10,094,103
TOP Enertopia Corp. 0.23% Diversified Industries $10,025,207
MQ M Pharmaceutical Inc. 0.34% Life Sciences $9,827,324
DVR Deveron UAS Corp. 0.26% CleanTech $9,731,134
VP Vodis Pharmaceuticals Inc. 0.27% Life Sciences $9,709,936
API Appia Energy Corp. 0.31% Mining $9,105,769
TTC Tartisan Resources Corp. 0.19% Mining $8,968,236
UAV Global UAV Technologies Ltd. 0.20% Technology $8,368,864
VRT Veritas Pharma Inc. 0.26% Life Sciences $8,289,200
PTX Platinex Inc. 0.26% Mining $8,182,514
BZI Brisio Innovations Inc. 0.26% Diversified Industries $8,043,724
EPY ePlay Digital Inc. 0.16% Technology $7,790,854
ZNK Kootenay Zinc Corp. 0.17% Mining $7,674,095
OPI ESI Energy Services Inc. 0.13% Oil and Gas $7,425,130
SHV Seahawk Ventures Inc. 0.25% Mining $7,344,183
BIF.UN Brookfield New Horizons Income Fund 0.23% Diversified Industries $7,251,389
BTH Breathtec BioMedical Inc. 0.20% Life Sciences $7,117,763
QMI Qwick Media Inc. 0.22% Technology $7,112,845
MMJ Matica Enterprises Inc. 0.25% Life Sciences $6,927,434
GBC GreenBank Capital Inc. 0.24% Diversified Industries $6,873,283
BUX BioMark Diagnostics Inc. 0.22% Life Sciences $6,695,694
SQA Stina Resources Ltd. 0.24% Mining $6,332,982
FAT Far Resources Ltd. 0.17% Mining $6,318,217
JBR James Bay Resources Limited 0.26% Oil and Gas $6,262,584
PRI PrimeWest Mortgage Inv Corporation 0.19% Diversified Industries $6,144,869
RGE Rheingold Exploration Corp. 0.20% Mining $5,937,674
IDK ThreeD Capital Inc. 0.13% Diversified Industries $5,904,050
MHY.UN Marret High Yield Strategies Fund A 0.17% Diversified Industries $5,656,266
IGN IGEN Networks Corp. 0.13% Technology $5,589,409
ZTE ZTEST Electronics Inc. 0.19% Technology $5,581,451
SHP Shoal Point Energy Ltd. 0.17% Oil and Gas $5,441,587
RFR Renforth Resources Inc. 0.16% Mining $5,265,164
TTX Tantalex Resources Corporation 0.16% Mining $5,263,505
MDD Mag One Products Inc. 0.20% Diversified Industries $5,246,084
ABJ Supreme Metals Corp. 0.13% Mining $5,242,044
LEO Leo Resources Inc. 0.22% Mining $5,215,173
KRI Khan Resources Inc. 0.17% Mining $5,139,489
NI Victory Nickel Inc. 0.12% Mining $5,080,403
ASE Asante Gold Corporation 0.15% Mining $5,016,475
RGT Global Remote Technologies Ltd. 0.13% Technology $4,796,132
HS HealthSpace Data Systems Ltd. 0.15% Technology $4,635,121
CBP Certive Solutions Inc. 0.09% Technology $4,617,461
WGC Winston Gold Mining Corp. 0.13% Mining $4,374,480
RKS Rockshield Capital Corp. 0.14% Diversified Industries $4,370,674
GHG Global Hemp Group Inc. 0.12% Diversified Industries $4,176,427
PMC Peloton Minerals Corporation 0.14% Mining $4,057,324

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Portfolio Characteristics (as at June 20, 2017)

Number of companies: 136
Market capitalization (C$ mil) 3,438
Company size (C$ mil)  
Average 25.3
Largest 159.6
Median 15.18
% Weight of Top 10 Holdings: 28.45%

Top Ten Holdings(as at June 20, 2017)

Symbol Name Weight
AHG Alternate Health Corp. 5.19%
MARI Maricann Group Inc. 3.49%
TBP Tetra Bio Pharma Inc. 3.21%
URB.A Urbana Corporation A NV 3.18%
BCC The Canadian Bioceutical Corp. 2.94%
CRZ CannaRoyalty Corp. 2.70%
MDM Marapharm Ventures Inc. 2.52%
XMG MGX Minerals Inc. 1.82%
VGW Valens Groworks Corp. 1.77%
LSL Liberty Silver Corp. 1.64%

Sector Weight(as at June 20, 2017)

Sector Weight
Diversified Industries 25.69%
Technology 25.97%
Life Sciences 28.81%
Mining 17.32%
Oil & Gas 1.62%
Cleantech 0.60%