About OTCQX Stocks

Introduction

Stocks that are classified as trading in the OTCQX market are considered to have the best disclosure practices for OTC stocks according to the OTC Markets Group. If you are new to OTC stocks, you can read about OTC stocks. This article analyzes the stocks in the OTCQX market, in order to get a "big picture" view of the OTCQX market. You can see those stocks using our list of OTCQX stocks.

Analysis

Here is a summary of the OTCQX stocks based on size category:

CategorySecurity CountTotal Market Cap%
Large cap52$2,210,267,273,45489.48%
Mid cap36$174,823,423,6677.08%
Small cap70$51,355,218,1562.08%
Micro cap427$33,569,535,3491.36%
Unknown10$00.00%
Total595$2,470,015,450,626100.00%

As explained in our article size categories, there is no standard definition of what makes up a "large cap" stock or a "mid cap" stock. On our website, we use a cutoff of $10 billion to determine a large cap stock. This is a just a widely used rule of thumb that we have also chosen to use. Similarly, a "mid cap" stock under our definition is a stock with a market capitalization between $2 billion and $10 billion, a small cap stock has a market capitalization between $300 million and $2 billion, and a micro cap stock has a market capitalization under $300 million.

Here is a summary of the OTCQX stocks based on security type:

CategorySecurity CountTotal Market Cap%
Common stocks529$1,238,140,658,32850.13%
ADRs63$1,229,771,464,53749.79%
REITs2$2,097,787,8860.08%
Units1$5,539,8750.00%
Total595$2,470,015,450,626100.00%

But a large portion of the OTCQX common stocks are foreign companies that have cross-listed their shares on the U.S. OTC market:

CategorySecurity CountTotal Market Cap%
Foreign common stocks367$1,218,025,404,25798.38%
U.S. common stocks162$20,115,254,0711.62%
Total529$1,238,140,658,328100.00%

Combined with the large number of ADRs, the result is that OTCQX stocks are mostly foreign companies, especially if you just look at market cap totals. Here is a summary of the OTCQX stocks based on country:

CountrySecurity CountTotal Market Cap%
Switzerland5$640,394,722,10725.93%
Germany19$446,141,835,50518.06%
France12$327,636,093,02213.26%
United Kingdom36$294,267,349,99711.91%
The Netherlands10$265,266,416,11710.74%
Canada278$119,061,636,1144.82%
Mexico3$92,455,173,4953.74%
Australia23$90,645,432,1613.67%
Spain3$43,179,066,9201.75%
Belgium3$32,477,908,2381.31%
Norway7$28,342,582,8731.15%
Brazil3$21,885,345,6050.89%
USA164$20,523,716,1850.83%
China4$12,393,882,5580.50%
South Africa3$10,305,940,9550.42%
Turkey3$9,490,420,0000.38%
Colombia1$7,854,322,4530.32%
Russia2$2,661,224,7330.11%
Ireland1$1,307,009,7120.05%
Hong Kong2$1,281,772,5350.05%
Sweden5$943,777,4920.04%
Egypt1$747,288,2470.03%
India1$336,320,0000.01%
Singapore1$237,998,7500.01%
Japan1$80,801,9290.00%
Israel3$75,618,8960.00%
Denmark1$21,794,0270.00%
Total595$2,470,015,450,626100.00%

Notice the large number of Canadian companies. There are a large number of small Canadian mining and energy companies that are cross-listed on the U.S. OTC market. Here is a summary of the Canadian stocks based on size category:

CategorySecurity CountTotal Market Cap%
Large cap1$46,555,454,18939.10%
Mid cap5$28,443,196,97023.89%
Small cap36$27,287,227,61122.92%
Micro cap233$16,775,757,34414.09%
Unknown3$00.00%
Total278$119,061,636,114100.00%

Because these are smaller Canadian companies, their primary listing tends to be on one of Canada's smaller stock exchanges and not on the Toronto Stock Exchange:

ExchangeSecurity CountTotal Market Cap%
Toronto Stock Exchange51$84,854,229,03171.27%
134$12,399,274,23610.41%
TSX Venture Exchange66$11,627,361,3509.77%
Canadian Securities Exchange27$10,180,771,4978.55%
Total278$119,061,636,114100.00%

The U.S. companies tend to be microcaps. Here is a summary of the U.S. stocks based on size category:

CategorySecurity CountTotal Market Cap%
Micro cap143$11,540,811,15856.23%
Small cap13$6,588,481,40732.10%
Mid cap1$2,394,423,62011.67%
Unknown7$00.00%
Total164$20,523,716,185100.00%

The U.S. companies are mostly regional banks:

IndustrySecurity CountTotal Market Cap%
Banks-Regional103$12,635,356,62861.56%
Asset Management10$2,718,035,67113.24%
Information Technology Services1$1,006,958,9274.91%
Financial Data & Stock Exchanges1$673,578,4203.28%
Drug Manufacturers—Specialty & Generic4$613,240,4712.99%
Resorts & Casinos2$432,437,1982.11%
REIT—Specialty1$402,922,2391.96%
Insurance—Life1$323,426,0281.58%
Real Estate Services4$206,899,3481.01%
8$199,534,7630.97%
REIT—Diversified1$130,615,9990.64%
Restaurants1$130,162,4210.63%
Shell Companies2$113,915,6450.56%
Oil & Gas E&P1$107,487,3870.52%
Farm Products1$106,656,3110.52%
Insurance—Specialty2$94,310,2530.46%
Residential Construction1$91,014,6240.44%
Tools & Accessories1$77,785,2230.38%
Utilities—Regulated Gas1$75,948,5020.37%
Medical Care Facilities1$70,116,4590.34%
Packaged Foods2$61,629,3440.30%
Telecom Services1$57,486,0920.28%
Consulting Services1$54,714,5420.27%
Biotechnology3$48,158,7420.23%
Capital Markets1$25,197,6420.12%
Oil & Gas Refining & Marketing1$20,126,6960.10%
Security & Protection Services1$16,518,7290.08%
Scientific & Technical Instruments1$8,106,2880.04%
Software—Application1$7,130,3570.03%
Consumer Electronics1$6,832,6630.03%
Other1$5,539,8750.03%
Oil & Gas Equipment & Services1$1,501,1220.01%
Industrial Distribution1$371,5760.00%
Internet Content & Information1$00.00%
Total164$20,523,716,185100.00%


All data is a live query from our database. The wording was last updated: 06/01/2020.

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