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 ADRs450$8,583,598,473,466
Common stock353$895,274,030,005
Cross-listed shares195$2,161,235,609,655
Total998$11,640,108,113,126

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: 390 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$48,103,110,215
Australia16$193,120,437,334
Belgium6$123,520,425,051
Bermuda12$9,551,275,941
Brazil40$564,168,436,410
Canada217$1,946,231,243,358
Cayman Islands3$1,557,266,127
Chile11$54,413,554,174
China249$1,383,847,808,398
Colombia4$34,914,404,203
Cyprus2$2,095,125,085
Denmark7$219,975,074,598
Finland1$31,896,091,714
France15$279,757,642,282
Germany17$335,003,156,523
Greece13$6,320,601,348
Guernsey1$10,209,549,872
Hong Kong18$8,808,686,987
India12$405,665,324,118
Indonesia2$23,969,168,165
Ireland11$132,346,044,281
Isle Of Man1$166,007,724
Israel85$169,010,299,888
Italy5$138,300,418,181
Japan11$792,219,016,317
Jersey2$459,851,101
Jordan1$439,102,189
Luxembourg9$94,119,667,960
Marshall Islands1$897,290,164
Mexico15$151,255,285,800
Monaco5$1,620,967,763
New Zealand1$1,911,531,691
Norway4$81,387,479,525
Panama1$517,835,755
Peru6$60,916,571,262
Philippines1$6,496,797,154
Portugal1$121,692,882
Russia6$50,830,336,751
Singapore6$154,106,739,484
South Africa8$36,561,739,245
South Korea11$160,707,506,327
Spain4$140,593,257,328
Sweden5$49,403,001,506
Switzerland19$445,063,850,480
Taiwan10$713,153,612,539
The Netherlands23$666,196,887,080
Turkey2$5,987,288,458
United Arab Emirates2$2,030,170,291
United Kingdom74$1,890,195,798,244
Uruguay2$9,963,683,853
Total998$11,640,108,113,126

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 markets584$8,061,937,518,132
Emerging markets371$3,495,767,763,095
Frontier markets25$60,601,021,342
Unknown18$21,801,810,557
Total998$11,640,108,113,126

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 Services175$7,824,016,118,66414.5%73$921,707,033,6027.9%
Consumer Discretionary468$6,606,520,380,32012.2%119$1,693,438,438,32614.5%
Consumer Staples160$2,975,775,074,7885.5%48$617,939,940,5295.3%
Energy172$1,206,453,539,1902.2%53$1,145,279,655,4929.8%
Financials1,217$6,625,227,336,39412.3%104$1,875,420,987,34216.1%
Health Care1,023$6,738,308,844,02912.5%205$1,392,849,329,49212.0%
Industrials533$4,422,313,246,8068.2%95$686,282,528,9385.9%
Information Technology585$13,503,478,935,67625.0%146$2,245,163,296,13619.3%
Materials159$1,288,280,209,1542.4%111$854,955,946,3097.3%
Real Estate221$1,626,270,848,1373.0%16$35,327,114,6580.3%
Unknown47$64,520,248,4480.1%0$00.0%
Utilities74$1,125,788,522,5702.1%27$171,584,132,4501.5%
Total4,834$54,006,953,304,176100% 998$11,640,108,113,126100%

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 cap200$10,557,177,833,27290.7%677$47,577,827,826,38488.1%
Mid cap165$770,314,274,7966.6%1,080$4,920,150,746,4139.1%
Small cap300$275,333,759,2392.4%1,563$1,297,626,323,3842.4%
Micro cap333$37,282,245,8190.3%1,506$211,348,407,9950.4%
Unknown0$00.0%8$00.0%
Total998$11,640,108,113,126100% 4,834$54,006,953,304,176100%

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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