The S&P/TSX Composite one-year return is at its highest since 2009, when the index had a 30.7 per cent return. (The Logic)

Talking point: The TSX had an average annual gain of about 3.9 per cent this decade; one-third of the 11.2 per cent annual growth from the S&P 500. Canadian stocks’ comparatively lacklustre performance is partially due to the fall of energy stocks, while the S&P’s growth is primarily driven by the rapid growth of tech firms, of which Canada has few. There are some outliers. Constellation Software netted TSX investors the second-highest returns this decade, up 4,064 per cent. Seventh-place Enghouse Systems netted investors a 1,167 per cent return. Tech stocks did little to keep the TSX growing, however. The Big Six banks contributed to over half of the growth in the S&P/TSX over the past decade.