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 ADRs416$6,516,035,328,639
Common stock260$510,570,377,711
Cross-listed shares179$1,578,385,434,925
Total855$8,604,991,141,275

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: 363 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$24,776,246,638
Australia15$147,625,046,919
Belgium5$102,682,732,202
Bermuda14$6,130,536,300
Brazil38$338,350,169,386
Canada167$1,409,412,991,947
Cayman Islands3$657,034,188
Chile11$38,409,420,997
China221$1,695,362,883,964
Colombia4$26,052,563,832
Cyprus1$20,993,920
Denmark5$156,972,709,884
Finland1$21,880,674,629
France13$248,840,424,920
Germany16$258,086,446,433
Greece13$1,451,111,501
Guernsey1$7,733,724,660
Hong Kong16$11,758,779,752
India12$238,008,031,790
Indonesia2$18,062,285,822
Ireland9$82,021,414,278
Israel70$97,444,078,318
Italy5$107,032,695,725
Japan11$575,527,604,215
Jersey1$189,307,500
Jordan1$333,317,424
Luxembourg8$61,800,735,502
Marshall Islands1$110,881,250
Mexico15$65,527,722,006
Monaco5$1,061,738,674
New Zealand1$2,250,818,220
Norway3$48,240,976,487
Panama1$452,035,883
Peru6$51,385,593,003
Philippines1$5,928,576,640
Russia5$30,372,393,444
Singapore4$55,182,906,177
South Africa8$37,595,322,055
South Korea9$78,968,375,583
Spain4$72,953,228,849
Sweden2$33,390,560,220
Switzerland14$360,469,324,792
Taiwan10$466,232,034,373
The Netherlands19$416,150,208,432
Turkey1$4,166,924,098
United Arab Emirates1$1,031,223,080
United Kingdom61$1,196,032,804,275
Uruguay1$863,531,088
Total855$8,604,991,141,275

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 markets476$5,547,238,387,934
Emerging markets338$3,017,142,178,678
Frontier markets23$25,994,089,070
Unknown18$14,616,485,593
Total855$8,604,991,141,275

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 Services157$4,973,860,438,86712.8%59$721,188,761,2928.4%
Consumer Discretionary426$4,859,649,420,19612.5%83$1,501,578,898,65517.5%
Consumer Staples144$2,626,853,987,4906.8%44$517,817,896,2396.0%
Energy181$702,931,977,3721.8%57$652,153,370,4827.6%
Financials800$4,319,512,192,80311.1%95$1,271,877,073,72614.8%
Health Care861$5,157,337,769,08713.3%162$1,052,290,414,45712.2%
Industrials485$3,283,245,117,7908.4%84$450,190,509,3795.2%
Information Technology528$9,812,908,443,10125.2%121$1,582,783,650,64418.4%
Materials153$940,011,571,1232.4%103$648,064,402,3907.5%
Real Estate221$1,216,608,069,8973.1%15$64,133,770,4050.7%
Unknown15$299,781,8020.0%6$8,202,965,7250.1%
Utilities74$983,242,398,9722.5%25$134,403,647,9911.6%
Total4,045$38,876,461,168,500100% 855$8,604,991,141,275100%

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 cap170$7,690,260,251,91789.4%555$33,856,153,762,38787.1%
Mid cap143$688,615,199,1048.0%838$3,772,259,240,8349.7%
Small cap227$193,157,050,3782.2%1,251$1,092,694,327,4622.8%
Micro cap315$32,958,639,8760.4%1,396$155,353,837,8170.4%
Unknown0$00.0%5$00.0%
Total855$8,604,991,141,275100% 4,045$38,876,461,168,500100%

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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