Small Caps Outshine Broader Market in August, with 9 of 11 Sectors Posting Positive Returns.

Thursday, Sep 4, 2025 5:09 am ET1min read

The S&P/TSX SmallCap Index rallied 9.17% in August, outperforming the S&P/TSX Composite Index's 4.79% return. Nine of the 11 sectors posted positive price returns, led by materials, health care, consumer staples, and consumer discretionary sectors. The top 10 performers included Tilray Brands Inc., up 139%, and Canopy Growth Corp., up 73%. Analysts revised their target prices upward for 5N Plus Inc., MDA Space Ltd., and Jaguar Mining Inc.

Small Caps Outshine Broader Market in August, with 9 of 11 Sectors Posting Positive Returns.

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