TTCS Is Driven by a Few Heavyweights

Here’s a clean, data‑driven breakdown of which TTCS components are contributing the most to the index’s uptrend, using the freshest available component and weight information from the search results.

📊 1. TTCS Is Driven by a Few Heavyweights

The S&P/TSX Capped Consumer Staples Index is extremely top‑heavy. Based on the iShares XST ETF (which directly tracks TTCS), the top weights are:

CompanyWeight in TTCSImpact on Index
Loblaw (L)25.46%#1 driver — any move in L heavily influences TTCS
Alimentation Couche‑Tard (ATD)25.36%#2 driver — nearly equal influence to Loblaw
Metro (MRU)14.89%#3 driver — meaningful but smaller
George Weston (WN)12.75%#4 driver — solid contributor
Saputo (SAP)8.56%Moderate contributor
Remaining 8 companies~13% combinedMinimal impact

Together, L + ATD + MRU + WN = ~78% of the entire index.

So the uptrend is overwhelmingly driven by four stocks.

📈 2. Which Stocks Are Actually Rising?

From the TradingView component snapshot:

  • Loblaw (L): Slight daily pullback in the snapshot, but long‑term trend remains strong.
  • Alimentation Couche‑Tard (ATD): Also showed a small daily dip, but its multi‑year trend is one of the strongest in the TSX.
  • Metro (MRU): Typically stable, defensive, and steadily rising.
  • George Weston (WN): Historically strong performer tied to Loblaw.
  • Saputo (SAP): More volatile, but improving after prior weakness.

Even if one of these names dips on a given day, the multi‑month trend for the group is upward — and because they dominate the index, TTCS rises with them.

🧩 3. Contribution Summary

Here’s the real impact hierarchy:

Major Drivers (≈80% of index movement)

  1. Loblaw (L) — largest weight, steady long‑term uptrend
  2. Alimentation Couche‑Tard (ATD) — strong multi‑year compounder
  3. Metro (MRU) — stable, defensive, consistent
  4. George Weston (WN) — benefits from Loblaw’s strength

Secondary Driver

  1. Saputo (SAP) — smaller but still meaningful

Minimal Contributors

Everything else in TTCS combined contributes less than any one of the top two stocks.

🎯 Bottom Line

The TTCS uptrend is almost entirely explained by:

  • Loblaw (L)
  • Alimentation Couche‑Tard (ATD)
  • Metro (MRU)
  • George Weston (WN)

These four names account for nearly 80% of the index and have been in sustained long‑term uptrends, pulling TTCS upward with them.

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