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 cap49$2,361,617,496,13790.43%
Mid cap41$200,792,882,3167.69%
Small cap37$27,255,361,9191.04%
Micro cap314$21,922,287,0520.84%
Unknown5$00.00%
Total446$2,611,588,027,424100.00%

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 stocks378$1,395,413,505,54653.43%
ADRs67$1,215,013,857,96246.52%
REITs1$1,160,663,9160.04%
Total446$2,611,588,027,424100.00%

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 stocks229$1,339,274,231,98995.98%
U.S. common stocks149$56,139,273,5574.02%
Total378$1,395,413,505,546100.00%

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$875,082,131,17133.51%
Germany18$498,802,513,82219.10%
France11$302,785,800,76811.59%
The Netherlands10$276,295,675,49310.58%
United Kingdom21$232,822,489,2508.91%
Australia16$66,429,187,6582.54%
Mexico3$62,022,554,3002.37%
USA149$56,139,273,5572.15%
China5$41,450,957,0801.59%
Canada178$39,380,433,2671.51%
Russia3$28,956,812,2591.11%
Spain2$26,030,784,9101.00%
Brazil3$18,739,253,1120.72%
Belgium2$17,046,142,9730.65%
Japan1$16,257,347,5920.62%
Turkey3$14,206,000,0000.54%
Norway5$11,771,966,9400.45%
Egypt1$7,092,150,6370.27%
Colombia1$5,329,270,0160.20%
South Africa1$5,088,200,0390.19%
Finland1$4,674,150,5260.18%
Israel2$3,587,809,9440.14%
Ireland1$857,143,1170.03%
Sweden2$440,455,9930.02%
Bermuda1$220,773,0000.01%
India1$78,750,0000.00%
Total446$2,611,588,027,424100.00%

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%
Small cap22$16,082,022,51940.84%
Mid cap4$12,276,141,81331.17%
Micro cap152$11,022,268,93527.99%
Total178$39,380,433,267100.00%

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 Exchange58$20,315,966,47951.59%
TSX Venture Exchange79$9,579,683,79524.33%
Canadian Securities Exchange38$8,063,083,63720.47%
2$1,385,930,2363.52%
Aequitas NEO Exchange (Lit Book)1$35,769,1200.09%
Total178$39,380,433,267100.00%

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$39,960,076,28871.18%
Micro cap137$8,540,309,67915.21%
Mid cap1$3,932,704,1607.01%
Small cap6$3,706,183,4306.60%
Unknown4$00.00%
Total149$56,139,273,557100.00%

The U.S. companies are mostly regional banks:

IndustrySecurity CountTotal Market Cap%
Banks—Regional93$48,127,614,03985.73%
Other5$4,021,380,0917.16%
Information Technology Services2$1,570,110,5852.80%
Financial Data & Stock Exchanges1$343,019,2500.61%
Insurance—Life2$304,114,1500.54%
Resorts & Casinos2$265,125,5690.47%
Oil & Gas E&P5$131,128,5640.23%
Semiconductors1$127,067,0400.23%
Gold1$122,138,5600.22%
Real Estate Services2$112,855,0700.20%
Security & Protection Services2$95,565,4200.17%
Packaging & Containers1$92,399,2300.16%
Restaurants1$91,848,6000.16%
Consulting Services2$86,460,3420.15%
Residential Construction1$83,876,1000.15%
Drug Manufacturers—Specialty & Generic3$79,098,2200.14%
Utilities—Regulated Gas1$50,839,9900.09%
Scientific & Technical Instruments2$45,128,1300.08%
Industrial Distribution1$44,346,1800.08%
Electronic Components1$40,764,0000.07%
Oil & Gas Integrated1$35,820,7920.06%
Specialty Industrial Machinery2$33,336,4400.06%
Business Equipment & Supplies1$30,978,7920.06%
Building Materials1$29,963,4620.05%
Insurance—Specialty1$29,703,6000.05%
Farm & Heavy Construction Machinery1$28,709,0000.05%
Travel Services1$23,456,0000.04%
Software—Application1$22,982,4000.04%
Capital Markets1$15,546,9000.03%
Biotechnology2$13,180,9990.02%
Medical Care Facilities1$11,328,3890.02%
Apparel Retail1$7,290,8510.01%
Oil & Gas Refining & Marketing1$6,727,5550.01%
Consumer Electronics1$5,398,1200.01%
Oil & Gas Equipment & Services1$5,237,1270.01%
Entertainment1$4,734,0000.01%
1$00.00%
REIT—Diversified1$00.00%
Total149$56,139,273,557100.00%


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

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