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 ADRs431$8,456,066,465,582
Common stock289$735,277,479,350
Cross-listed shares188$1,874,485,894,860
Total908$11,065,829,839,792

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: 372 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$36,063,561,781
Australia16$210,710,553,888
Belgium5$126,406,927,735
Bermuda12$8,611,501,314
Brazil39$466,429,534,342
Canada184$1,693,293,960,542
Cayman Islands3$1,319,012,807
Chile11$50,899,732,808
China237$2,074,426,904,799
Colombia4$31,560,964,577
Cyprus1$607,898,369
Denmark7$161,219,691,400
Finland1$22,247,807,743
France15$277,181,826,983
Germany16$250,783,954,427
Greece13$4,851,940,034
Guernsey1$9,939,462,897
Hong Kong17$14,566,934,997
India12$352,043,828,720
Indonesia2$23,816,901,886
Ireland9$109,438,056,780
Isle Of Man1$339,131,653
Israel71$141,047,313,168
Italy4$113,686,738,928
Japan11$704,671,013,275
Jersey1$163,099,978
Jordan1$385,156,083
Luxembourg8$90,062,139,532
Marshall Islands1$560,212,962
Mexico15$63,454,547,258
Monaco6$2,008,468,784
New Zealand1$2,476,664,786
Norway4$64,078,036,642
Panama1$604,330,747
Peru6$78,379,103,753
Philippines1$5,695,230,229
Portugal1$146,469,215
Russia6$44,165,848,242
Singapore5$105,861,046,402
South Africa8$40,420,929,827
South Korea9$102,530,977,527
Spain4$126,241,260,530
Sweden2$39,198,048,904
Switzerland15$436,941,379,452
Taiwan10$730,213,238,366
The Netherlands22$506,559,448,693
Turkey1$4,787,200,000
United Arab Emirates2$3,727,545,671
United Kingdom65$1,730,350,451,303
Uruguay1$653,849,053
Total908$11,065,829,839,792

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 markets511$7,036,561,111,670
Emerging markets357$3,971,340,523,285
Frontier markets23$37,710,465,286
Unknown17$20,217,739,551
Total908$11,065,829,839,792

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 Services164$6,301,747,494,80713.6%60$802,016,883,2007.2%
Consumer Discretionary440$5,847,934,299,52512.7%98$1,875,823,279,02117.0%
Consumer Staples146$2,655,842,224,9785.7%41$568,925,780,2125.1%
Energy174$1,111,192,540,1972.4%53$1,055,729,022,3009.5%
Financials949$5,660,191,046,13912.2%101$1,851,788,608,76716.7%
Health Care924$5,876,187,894,56912.7%183$1,123,718,473,31010.2%
Industrials489$3,967,036,183,6078.6%87$536,227,686,1764.8%
Information Technology543$11,331,812,385,40924.5%134$2,175,726,023,84319.7%
Materials156$1,139,778,973,4102.5%109$859,430,466,8067.8%
Real Estate222$1,346,105,277,1672.9%16$73,502,467,1710.7%
Unknown5$287,584,1580.0%0$00.0%
Utilities76$976,576,675,8962.1%25$142,685,499,9711.3%
Total4,288$46,214,692,579,862100% 908$11,065,829,839,792100%

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 cap193$10,030,462,005,35190.6%638$40,165,752,675,12386.9%
Mid cap163$775,206,500,6307.0%1,013$4,668,744,572,40010.1%
Small cap271$227,026,835,5102.1%1,391$1,222,459,836,4372.6%
Micro cap281$33,134,498,3010.3%1,225$157,735,495,9020.3%
Unknown0$00.0%21$00.0%
Total908$11,065,829,839,792100% 4,288$46,214,692,579,862100%

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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