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 cap56$2,815,851,953,95891.39%
Mid cap37$179,861,902,9475.84%
Small cap66$51,308,876,3891.67%
Micro cap332$34,011,696,4641.10%
Unknown4$00.00%
Total495$3,081,034,429,758100.00%

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%
ADRs63$1,647,586,189,02853.48%
Common stocks430$1,432,173,957,78246.48%
REITs1$1,263,012,3420.04%
Units1$11,270,6060.00%
Total495$3,081,034,429,758100.00%

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 stocks276$1,368,477,641,86295.55%
U.S. common stocks154$63,696,315,9204.45%
Total430$1,432,173,957,782100.00%

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$643,259,046,51120.88%
Germany16$606,902,357,73319.70%
France12$401,977,141,58313.05%
United Kingdom27$374,843,438,83612.17%
The Netherlands10$264,165,067,3088.57%
Colombia1$220,427,900,9067.15%
Australia17$180,571,424,1355.86%
Canada211$91,973,908,0392.99%
Mexico3$81,298,538,1632.64%
USA155$63,707,586,5262.07%
Spain3$41,006,266,8011.33%
Norway5$25,746,383,2440.84%
Brazil3$22,866,936,3510.74%
Turkey3$15,308,000,0000.50%
South Africa3$14,863,259,6850.48%
Belgium2$14,163,088,1680.46%
Russia2$9,521,393,3440.31%
China4$4,021,088,2570.13%
Egypt1$1,477,308,9050.05%
Ireland1$1,141,823,7710.04%
Sweden4$855,911,1040.03%
Israel3$343,702,5980.01%
Japan1$242,405,7870.01%
India1$229,064,1030.01%
Hong Kong1$94,046,5500.00%
Bermuda1$27,341,3500.00%
Total495$3,081,034,429,758100.00%

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%
Mid cap8$35,079,717,38938.14%
Small cap41$29,153,047,16131.70%
Micro cap161$17,725,344,67419.27%
Large cap1$10,015,798,81510.89%
Total211$91,973,908,039100.00%

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 Exchange52$33,698,916,03636.64%
Canadian Securities Exchange26$26,966,409,37429.32%
TSX Venture Exchange74$20,781,719,60922.60%
59$10,526,863,02011.45%
Total211$91,973,908,039100.00%

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%
Large cap1$30,371,171,18047.67%
Mid cap3$14,281,271,47922.42%
Micro cap139$12,458,453,49419.56%
Small cap10$6,596,690,37310.35%
Unknown2$00.00%
Total155$63,707,586,526100.00%

The U.S. companies are mostly regional banks:

IndustrySecurity CountTotal Market Cap%
Other5$35,046,901,72355.01%
Banks-Regional88$15,239,370,93023.92%
Asset Management4$5,570,454,9318.74%
Information Technology Services1$1,654,361,5202.60%
16$1,144,215,4551.80%
Drug Manufacturers—Specialty & Generic4$644,383,0561.01%
Financial Data & Stock Exchanges1$470,584,2800.74%
Telecom Services1$448,946,3210.70%
Insurance—Life1$421,228,5090.66%
Oil & Gas E&P2$371,785,0040.58%
Real Estate Services3$286,649,7670.45%
Resorts & Casinos2$276,229,4140.43%
Specialty Retail1$232,592,3210.37%
Security & Protection Services2$210,143,4600.33%
Packaging & Containers1$197,294,4990.31%
Restaurants1$132,860,6390.21%
Specialty Chemicals1$126,687,5150.20%
Software—Application1$117,657,9130.18%
Packaged Foods2$117,591,3180.18%
Business Equipment & Supplies1$112,304,8200.18%
Residential Construction1$108,963,0000.17%
Consulting Services1$105,490,8870.17%
REIT—Diversified1$93,279,2270.15%
Oil & Gas Integrated1$86,975,3820.14%
Insurance—Specialty1$75,888,7510.12%
Utilities—Regulated Gas1$72,464,0600.11%
Scientific & Technical Instruments1$69,227,9030.11%
Shell Companies1$63,480,6380.10%
Biotechnology2$45,264,2220.07%
Electronic Components1$42,427,4930.07%
Industrial Distribution1$36,954,7500.06%
Capital Markets1$27,234,8990.04%
Medical Care Facilities1$23,965,5680.04%
Consumer Electronics1$17,829,9070.03%
Oil & Gas Equipment & Services1$7,962,9980.01%
Oil & Gas Refining & Marketing1$7,933,4460.01%
Total155$63,707,586,526100.00%


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

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