Global stocks that trade on U.S. stock exchanges

Introduction

The U.S. stock market is by far the largest stock market in the world, so many international companies elect to have their stock trade on a U.S. stock exchange. There are several different ways that a foreign company can have their stock trade on a U.S. stock exchange. Here is a summary, using the securities in our database:

Method# of SecuritiesMarket cap
American Depository Receipts or ADRs445$6,638,966,487,473
Common stock402$609,277,508,205
Cross-listed shares215$1,894,583,829,615
Total1062$9,142,827,825,293

An American Depository Receipt or ADR is a mechanism whereby a major U.S. investment bank issues a security (an ADR) that represents ownership shares in the stock of a foreign company that have been deposited with the U.S. bank. ADRs were invented in 1927 as an easy way for a foreign company to have their stock traded in the U.S. For more information, read what is an ADR? You can also see our list of ADRs.

Instead of using the ADR process, some foreign companies elect to directly list their common stock on a U.S. stock exchange, just like a U.S. company. Why? It is not always clear. Sometimes, they just want access to the U.S. stock market, as it is by far the largest in the world. Sometimes, these companies are complex multi-national corporations that have complex histories, being incorporated in one country but with their headquarters located in another company. Sometimes it is difficult to determine where their primary business operations exist. See our list of non-US companies traded on U.S. exchanges. For these companies, their only publicly traded stock is the stock that trades on a U.S. stock exchange (i.e. the U.S. traded stock is their primary listing).

Some foreign companies choose to cross-list their shares on the U.S. stock market. Cross-listing means that a company's stock simultaneously trades on the U.S. stock market and on the stock market of the company's home stock exchange. See our list of global companies that cross-list in the U.S.. Cross-listing is particularly popular with Canadian companies: 426 Canadian companies listed on the Toronto Stock Exchange also cross-list their shares on the U.S. stock market, including many of the largest Canadian companies. See our list of Canadian companies that trade in the U.S..

Summary by country

Here is a summary of the above securities based on the country:

Index countrySecurity countTotal market cap
Argentina20$40,238,528,580
Australia24$203,855,535,532
Belgium7$98,962,395,617
Bermuda12$11,395,513,925
Brazil42$497,967,460,881
Canada237$1,722,532,652,664
Cayman Islands4$1,611,498,277
Chile11$49,559,592,581
China249$1,009,131,755,483
Colombia4$28,159,876,746
Cyprus2$1,382,453,695
Denmark6$218,564,769,995
Finland1$26,601,539,613
France15$294,236,644,517
Germany21$194,575,911,887
Greece14$5,451,939,014
Guernsey2$12,856,712,184
Hong Kong19$8,006,541,022
India11$307,035,886,252
Indonesia2$27,591,679,631
Ireland11$88,076,642,910
Isle Of Man1$28,260,086
Israel93$116,763,223,693
Italy7$114,350,271,177
Japan13$658,500,444,049
Jersey2$472,322,776
Jordan1$361,752,263
Luxembourg11$48,750,928,347
Marshall Islands1$624,630,187
Mexico15$139,505,788,253
Monaco4$2,950,551,944
New Zealand1$1,734,043,604
Norway4$108,225,483,085
Panama1$353,336,500
Peru6$55,291,716,172
Philippines1$6,665,320,659
Portugal1$77,211,035
Russia7$16,555,378,376
Singapore10$51,655,422,984
South Africa8$38,871,349,674
South Korea11$103,891,064,832
Spain5$111,316,329,097
Sweden5$27,294,787,436
Switzerland21$381,748,081,119
Taiwan9$506,668,514,876
Thailand1$10,897,747
The Netherlands24$412,455,150,685
Turkey2$2,494,653,617
United Arab Emirates3$1,575,541,280
United Kingdom78$1,376,474,490,904
Uruguay2$9,365,347,830
Total1062$9,142,827,825,293

Note the large number of Chinese companies that have their stock trading on a U.S. stock exchange. China's complex political and economic model has caused many Chinese companies to have their stocks traded on stock exchanges in Hong Kong and the U.S. You can read more in about China's stock market.

As explained above, the high number of Canadian companies is because so many of the companies that trade on the Toronto Stock Exchange cross-list their shares on a U.S. stock exchange.

Here is a summary of these stocks based on the country classification:

CountryCountTotal market cap
Developed markets643$6,377,052,056,762
Emerging markets375$2,688,696,910,505
Frontier markets25$51,348,082,368
Unknown19$25,730,775,658
Total1062$9,142,827,825,293

How do these stocks compare to U.S. common stocks?

Let's look at some analysis of how the global stocks compare to U.S. common stocks. First, let's look at a breakout by sector. On our website, we use the GICS sector classification system to classify stocks into sectors. Let's look at the breakout of the global stocks by GISC sector:

U.S. Common StocksGlobal Stocks and ADRs
GISC Sector# of StocksMarket cap% # of StocksMarket cap%
Communication Services192$5,928,196,630,56013.3%74$642,974,646,0297.0%
Consumer Discretionary483$4,727,511,975,91810.6%122$1,295,387,183,38614.2%
Consumer Staples173$2,931,025,731,3056.6%54$519,941,627,7075.7%
Energy172$1,710,388,984,9313.8%54$979,707,448,42210.7%
Financials1,382$5,523,503,802,07612.4%102$1,552,733,016,12217.0%
Health Care1,078$5,869,419,127,23413.1%226$1,219,130,139,99113.3%
Industrials552$3,562,619,871,6998.0%104$549,175,761,9096.0%
Information Technology625$10,743,586,633,03024.0%165$1,395,475,112,08415.3%
Materials159$1,111,392,162,9302.5%115$782,295,800,8868.6%
Real Estate215$1,428,752,901,8853.2%18$40,318,547,3320.4%
Unknown46$13,524,577,8480.0%0$00.0%
Utilities76$1,140,628,543,2782.6%27$165,601,488,3091.8%
Total5,153$44,690,550,942,694100% 1,062$9,142,827,825,293100%

When we say "U.S. common stocks" in this article, we are talking about all common stocks, REITs and mortgage REITs of U.S. companies that trade on the U.S. stock market. So that excludes MLPs, preferred stocks, ADRs, and investment funds, and the common stocks of non-US companies that trade on the U.S. stock market.

Let's also look at the global securities based on the size categories we use on our website:

Global stocks and ADRsU.S. common stocks
Size Category# of StocksMarket cap% # of StocksMarket cap%
Large cap169$8,139,573,760,52789.0%575$38,973,458,259,63087.2%
Mid cap148$707,567,430,4897.7%930$4,168,695,658,1699.3%
Small cap294$256,232,575,3902.8%1,529$1,285,762,255,2122.9%
Micro cap451$39,454,058,8870.4%2,102$262,634,769,6830.6%
Unknown0$00.0%17$00.0%
Total1,062$9,142,827,825,293100% 5,153$44,690,550,942,694100%

As explained in our article size categories, there is no standard definition of what makes up a "large 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.


All data is a live query from our database. The wording was last updated: 01/21/2019.

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