What is market capitalization?

Market capitalization (or 'market cap') is the total dollar value of an asset based on its current price and the total supply available. For a public company it's the share price multiplied by the number of shares outstanding. For a cryptocurrency it's the coin price multiplied by the circulating supply. For a commodity like gold it's the spot price multiplied by the estimated above-ground stock.

How is market cap calculated?

Market cap is the current market price of one unit of an asset multiplied by the total number of units in circulation. Market Cap = Price × Circulating Supply. For commodities and currencies the supply figure comes from proven reserves, above-ground stocks, or money-supply data depending on the asset class.

What is the largest asset by market cap?

Real estate is consistently the largest single asset class by market capitalization globally, valued in the hundreds of trillions of dollars. Oil and the US dollar (by M2 money supply) are also among the largest. The AssetMarketCap homepage shows the live ranking updated continuously across stocks, crypto, commodities, and currencies.

What is the difference between market cap and enterprise value?

Market cap is the equity value only — price multiplied by shares outstanding. Enterprise value adds total debt and subtracts cash and equivalents, giving a fuller picture of what an acquirer would pay to buy the whole company. Market cap is the standard metric for ranking and comparing assets across classes; enterprise value is more useful for valuation analysis of individual companies.

How is market cap calculated for commodities like gold or oil?

For precious metals (gold, silver, platinum) the supply figure is the above-ground stock — the total mass mined throughout history, sourced from industry bodies such as the World Gold Council and the Silver Institute. For oil and gas, proven reserves from sources like the BP Statistical Review are used. The current spot price is multiplied by this supply estimate to give a comparable market cap.

How is market cap calculated for currencies in Forex?

Currency market cap uses M2 money supply — broad money including physical cash, demand deposits, and near-money instruments. Each country's M2 figure (sourced from central bank data and aggregators like TradingEconomics) is converted to USD using the prevailing exchange rate, allowing currencies to be ranked on the same scale as gold, equities, and cryptocurrencies.

Is cryptocurrency market cap calculated the same way as stocks?

Yes — the formula is identical: current price multiplied by circulating supply. For Bitcoin that's the BTC/USD price times the number of BTC mined to date. The main difference is that crypto supply is often capped (e.g. 21 million BTC) and verifiable on-chain, whereas stock 'shares outstanding' can change through buybacks, splits, or new issuance.

Why does ranking assets by market cap matter?

Market cap gives a consistent, cross-asset way to compare the size and importance of stores of value. Ranking gold, Bitcoin, Apple, and the US dollar on the same scale reveals where capital sits globally, how it shifts between asset classes over time, and which assets are gaining or losing share — useful for macro analysis, portfolio context, and long-term capital allocation.

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The global leaderboard of wealth: $1.2 Quadrillion of Assets ranked by Market Cap

Assets Ranked by Market Cap

The world's assets ranked by market cap have a total combined value of $1,086.18T ▲ 0.0%.
Read more.Read less.
Currently the world's most valuable asset is X with a market cap of $XXX.X T, ▲ 0.0% today. The world's most valuable company is X with a market cap of $X.XX T, ▲ 0.0% today. The world's most valuable commodity is X with a market cap of $X.XX T, ▲ 0.0% today and the world's most valuable cryptocurrency is X with a market cap of $X.XX T, ▲ 0.0% today.Key marketcap metrics:Real Estate marketcap $XXX.X T, ▲ 0.0% today.Commodities marketcap $230.86T, ▲ 0.0% today.Companies marketcap $144.24T, ▲ 0.0% today.Currencies marketcap $139.67T, ▲ 0.0% today.Cryptocurrencies marketcap $2.87T, ▲ 0.0% today.Government Bonds marketcap $118.17T, ▲ 0.0% today.Compare over 35,000 of the world's most valuable assets ranked by market cap including Real Estate, Companies (Stocks), Commodities, Currencies (Forex), Cryptocurrencies and Government Bonds, all in one place.We also track ETFs so you can find and compare them, but they are not included in the total market cap calculation to avoid double-counting the underlying assets they already hold.Read less.

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☆		Asset Name	Type	Market Cap ($)	Price ($)	Market Cap 1Hr Δ ($)	Market Cap 24Hr Δ ($)	Market Cap 7d Δ ($)	1Hr Change	24Hr Change	7d Change	Circ. Supply Max. Supply	24Hr Volume	24Hr Vol / Mkt Cap (%)	Country	Sector
☆	1	Real Estate REAL-ESTATE	Commodity	$450,356,258,614,407	$214,469.71	—	+$91,161,011,748	—	—	+0.0%	—	2,099,859,454	$101,161	0.00%	Global	Commodities
☆	2	Oil CL=F	Commodity	$172,061,968,000,000	$99.32	+$329,156,000,000	+$3,759,308,000,000	+$5,509,032,000,000	+0.2%	+2.2%	+3.3%	1,732,400,000,000	$2,896,767	0.00%	Global	Commodities
☆	3	Government Bonds GOVT-BONDS	Bond	$118,167,894,908,000	$96.28	—	—	+$311,740,066,126	—	—	+0.3%	1,227,323,094,982	—	—	Global	Bonds
☆	4	Chinese Yuan CNYUSD=X	Currency	$53,636,740,456,800	$0.15	—	-$318,667,230,317	+$49,553,275,776	—	-0.6%	+0.1%	359,628,970,000,000	—	—	China	Forex
☆	5	Gold GC=F	Commodity	$27,594,476,299,833	$4,109.10	+$151,097,738,372	-$274,662,111,086	-$505,673,764,420	+0.6%	-1.0%	-1.8%	6,715,455,039	$254,443,690	0.00%	Global	Commodities
☆	6	United States dollar USDUSD=X	Currency	$23,342,800,000,000	$1.00	—	—	—	—	—	—	23,342,800,000,000	—	—	United States	Forex
☆	7	Euro EURUSD=X	Currency	$18,480,230,244,678	$1.12	—	+$2,077,307,252	+$60,021,515,066	—	+0.0%	+0.3%	16,447,405,000,000	—	—	Europe	Forex
☆	8	Copper HG=F	Commodity	$18,479,045,454,545	$6.45	-$44,386,363,636	-$362,250,000,000	-$299,250,000,000	-0.2%	-1.9%	-1.6%	2,863,636,363,636	$87,522	0.00%	Global	Commodities
☆	9	Natural Gas NG=F	Commodity	$9,041,989,913,880	$2.77	+$35,893,861,080	-$61,998,487,320	-$1,452,069,834,600	+0.4%	-0.7%	-13.8%	3,263,078,280,000	$31,454	0.00%	Global	Commodities
☆	10	Japanese yen JPYUSD=X	Currency	$8,200,481,766,012	$0.01	—	+$3,475,800,283	+$18,642,763,890	—	+0.0%	+0.2%	1,295,635,100,000,000	—	—	Japan	Forex
☆	11	NVIDIA NVDA.MX	Company	$5,394,268,762,907	$224.06	—	+$206,304,245,873	—	—	+4.0%	—	24,147,000,000	$3,979,152	0.00%	United States	Technology
☆	12	Apple AAPL	Company	$5,020,252,110,848	$344.03	—	+$66,103,950,418	-$57,640,309,967	—	+1.3%	-1.1%	14,594,180,000	$12,167,856,706	0.24%	United States	Technology
☆	13	British Pound GBPUSD=X	Currency	$4,293,547,314,488	$1.33	—	-$20,990,121,120	+$30,794,208,540	—	-0.5%	+0.7%	3,221,320,000,000	—	—	United Kingdom	Forex
☆	14	Alphabet GOOGL	Company	$4,094,093,164,544	$339.98	—	-$3,552,436,860	-$192,674,541,540	—	-0.1%	-4.5%	5,867,155,790	$9,698,016,535	0.24%	United States	Communication Services
☆	15	Microsoft MSFT	Company	$3,957,444,575,232	$534.98	—	+$23,005,818,216	-$51,781,584,408	—	+0.6%	-1.3%	7,425,545,491	$7,397,127,802	0.19%	United States	Technology
☆	16	South Korean won KRWUSD=X	Currency	$3,178,377,233,099	$0.00	—	-$20,556,393,143	+$13,794,371,460	—	-0.6%	+0.4%	4,243,769,100,000,000	—	—	Korea, South	Forex
☆	17	Silver SI=F	Commodity	$3,167,773,513,989	$56.27	+$19,703,585,035	-$81,066,178,428	-$61,362,593,393	+0.6%	-2.5%	-1.9%	56,295,957,242	$969,251	0.00%	Global	Commodities
☆	18	Amazon AMZN	Company	$2,830,004,912,128	$276.14	—	+$138,456,458,184	+$130,052,735,333	—	+5.1%	+4.8%	10,786,313,572	$8,555,267,032	0.30%	United States	Consumer Cyclical
☆	19	Hong Kong dollar HKDUSD=X	Currency	$2,825,267,479,276	$0.13	—	-$756,146,835	-$252,122,860	—	-0.0%	-0.0%	22,174,394,000,000	—	—	Hong Kong	Forex
☆	20	Australian dollar AUDUSD=X	Currency	$2,428,666,511,232	$0.69	—	-$29,705,406,701	-$13,397,380,224	—	-1.2%	-0.5%	3,497,280,000,000	—	—	Australia	Forex
☆	21	New Taiwan dollar TWDUSD=X	Currency	$2,172,835,076,320	$0.03	—	-$8,786,191,852	-$34,748,122,579	—	-0.4%	-1.6%	70,677,981,000,000	—	—	Taiwan	Forex
☆	22	SpaceX SPCX	Company	$2,098,779,652,096	$160.23	—	+$162,945,883,243	+$135,569,926,975	—	+8.4%	+6.9%	7,571,396,888	$34,996,934,119	1.67%	United States	Industrials
☆	23	Canadian dollar CADUSD=X	Currency	$2,016,920,853,394	$0.71	—	-$13,714,626,941	+$16,411,693,360	—	-0.7%	+0.8%	2,851,926,000,000	—	—	Canada	Forex
☆	24	Taiwan Semiconductor Manufacturing Comp. 2330.TW	Company	$1,901,398,857,434	$73.63	—	-$19,847,587,238	-$107,034,263,016	—	-1.0%	-5.3%	25,932,370,067	$2,014,515,681	0.11%	Taiwan	Technology
☆	25	Meta Platforms META	Company	$1,776,936,550,400	$694.40	—	+$383,842,861	-$206,251,563,886	—	+0.0%	-10.4%	2,205,128,509	$18,386,875,942	1.03%	United States	Communication Services
☆	26	Bitcoin BTC-USD	Cryptocurrency	$1,657,483,973,190	$82,456.00	-$5,145,967,512	-$5,021,931,587	+$6,211,343,598	-0.3%	-0.3%	+0.4%	20,101,715	$32,118,530,709	1.94%	Global	Cryptocurrency
☆	27	Saudi Aramco 2222.SR	Company	$1,648,768,040,611	$6.79	—	+$1,293,151,404	+$15,095,165,875	—	+0.1%	+0.9%	241,907,400,000	$50,952,092	0.00%	Saudi Arabia	Energy
☆	28	Russian ruble RUBUSD=X	Currency	$1,641,402,115,056	$0.01	—	-$32,205,692,972	+$32,086,027,806	—	-1.9%	+2.0%	137,073,500,000,000	—	—	Russia	Forex
☆	29	Broadcom AVGO	Company	$1,612,532,154,368	$345.00	—	+$49,684,686,380	-$74,784,099,913	—	+3.2%	-4.4%	4,773,629,865	$5,851,076,145	0.36%	United States	Technology
☆	30	Brazilian real BRLUSD=X	Currency	$1,532,332,238,924	$0.20	—	-$18,575,440,116	-$28,267,536,429	—	-1.2%	-1.8%	7,791,450,000,000	—	—	Brazil	Forex
☆	31	Tesla TSLA	Company	$1,526,381,674,496	$387.00	—	+$52,417,603,240	+$91,661,783,244	—	+3.6%	+6.4%	3,949,547,394	$17,329,778,730	1.14%	United States	Consumer Cyclical
☆	32	Swiss franc CHFUSD=X	Currency	$1,363,899,579,767	$1.21	—	-$66,202,186	+$10,673,613,289	—	-0.0%	+0.8%	1,123,976,000,000	—	—	Switzerland	Forex
☆	33	Berkshire Hathaway BRK-A	Company	$1,157,867,241,472	$809,555.00	—	—	+$27,574,962,593	—	—	+2.4%	488,450	$146,529,455	0.01%	United States	Financial Services
☆	34	Eli Lilly LLY	Company	$1,132,691,980,288	$1,283.66	—	—	+$24,839,349,396	—	—	+2.2%	891,357,065	$2,405,668,696	0.21%	United States	Healthcare
☆	35	Micron Technology MU	Company	$1,033,747,431,424	$920.00	—	+$26,888,669,602	-$5,573,247,022	—	+2.7%	-0.5%	1,131,423,212	$19,066,476,520	1.84%	United States	Technology
☆	36	Mexican peso MXNUSD=X	Currency	$910,196,767,269	$0.05	—	+$7,522,649,609	-$4,497,143,888	—	+0.8%	-0.5%	16,846,832,050,800	—	—	Mexico	Forex
☆	37	Advanced Micro Devices AMD	Company	$902,301,548,544	$572.91	—	+$60,115,637,898	-$26,065,334,221	—	+7.1%	-2.8%	1,632,475,042	$10,173,071,777	1.13%	United States	Technology
☆	38	JPMorgan Chase JPM	Company	$890,130,595,840	$335.26	—	—	-$637,210,950	—	—	-0.1%	2,655,600,000	$1,932,247,877	0.22%	United States	Financial Services
☆	39	Indian rupee INRUSD=X	Currency	$855,051,596,048	$0.01	—	-$4,979,149,180	+$16,159,795,076	—	-0.6%	+1.9%	81,229,900,000,000	—	—	India	Forex
☆	40	Samsung Electronics 005935.KS	Company	$825,780,185,866	$125.15	+$7,906,931,762	-$25,203,344,991	—	+1.0%	-3.0%	—	802,371,203	$291,786,248	0.04%	South Korea	Technology
☆	41	Toyota Motor TM.BA	Company	$822,715,556,911	$14.00	—	-$2,710,121,835	—	—	-0.3%	—	58,890,327,565	$29,113	0.00%	Japan	Consumer Cyclical
☆	42	Saudi riyal SARUSD=X	Currency	$818,831,885,731	$0.27	—	-$458,422,979	+$436,081,120	—	-0.1%	+0.1%	3,073,158,000,000	—	—	Saudi Arabia	Forex
☆	43	UAE Dirham AEDUSD=X	Currency	$794,888,232,237	$0.27	—	-$173,147,876	+$129,758,712	—	-0.0%	+0.0%	2,919,863,000,000	—	—	United Arab Emirates	Forex
☆	44	Visa V	Company	$765,679,370,240	$406.57	—	—	+$12,843,872,654	—	—	+1.7%	1,704,112,694	$2,182,699,911	0.29%	United States	Financial Services
☆	45	Polish złoty PLNUSD=X	Currency	$746,148,855,765	$0.26	—	-$2,521,923,940	+$4,538,691,240	—	-0.3%	+0.6%	2,901,698,200,000	—	—	Poland	Forex
☆	46	Thai baht THBUSD=X	Currency	$733,621,397,025	$0.03	—	+$1,749,249,044	+$1,312,697,967	—	+0.2%	+0.2%	24,554,310,000,000	—	—	Thailand	Forex
☆	47	ExxonMobil XOM	Company	$732,290,351,104	$177.86	—	—	+$11,775,274,959	—	—	+1.6%	4,111,911,960	$1,987,199,010	0.27%	United States	Energy
☆	48	Singapore dollar SGDUSD=X	Currency	$702,248,139,678	$0.78	—	-$1,562,009,059	+$767,416,685	—	-0.2%	+0.1%	898,667,000,000	—	—	Singapore	Forex
☆	49	Vietnamese đồng VNDUSD=X	Currency	$691,708,766,717	$0.00	—	-$1,150,365,941	-$267,213,666	—	-0.2%	-0.0%	17,914,566,000,000,000	—	—	Vietnam	Forex
☆	50	SK hynix 000660.KS	Company	$667,618,277,822	$915.22	+$6,009,657,165	-$39,335,937,809	-$104,262,877,583	+0.9%	-5.6%	-13.5%	728,866,596	$2,376,597,906	0.36%	South Korea	Technology
☆	51	ASML Holding N.V ASML	Company	$646,226,051,072	$1,916.00	—	+$96,178,403,300	—	—	+17.5%	—	385,417,742	$2,375,173,232	0.37%	Netherlands	Technology
☆	52	Malaysian ringgit MYRUSD=X	Currency	$644,242,782,696	$0.24	—	-$868,811,420	+$472,859,054	—	-0.1%	+0.1%	2,631,087,550,000	—	—	Malaysia	Forex
☆	53	Johnson & Johnson JNJ	Company	$621,223,608,320	$259.36	—	—	+$14,251,544,068	—	—	+2.3%	2,409,898,597	$1,605,275,522	0.26%	United States	Healthcare
☆	54	Turkish lira TRYUSD=X	Currency	$595,438,293,685	$0.02	—	+$1,184,436,025	-$3,085,554,921	—	+0.2%	-0.5%	29,487,054,989,500	—	—	Turkey	Forex
☆	55	Indonesian rupiah IDRUSD=X	Currency	$582,066,837,670	$0.00	—	-$227,089,454	-$1,984,804,661	—	-0.0%	-0.3%	10,448,100,000,000,000	—	—	Indonesia	Forex
☆	56	Mastercard MA	Company	$545,421,295,616	$620.42	—	—	+$1,353,839,005	—	—	+0.2%	869,464,115	$1,708,513,837	0.31%	United States	Financial Services
☆	57	Swedish krona SEKUSD=X	Currency	$517,275,823,790	$0.10	—	-$2,421,067,015	+$4,140,478,072	—	-0.5%	+0.8%	5,129,814,000,000	—	—	Sweden	Forex
☆	58	Platinum PL=F	Commodity	$515,730,125,707	$1,604.10	+$3,761,637,349	-$10,223,937,409	-$9,484,470,238	+0.7%	-1.9%	-1.8%	321,507,466	$12,749,387	0.00%	Global	Commodities
☆	59	AbbVie ABBV	Company	$503,274,995,712	$289.08	—	—	+$10,654,638,764	—	—	+2.2%	1,767,117,285	$1,269,615,077	0.25%	United States	Healthcare
☆	60	Israeli new shekel ILSUSD=X	Currency	$492,565,298,606	$0.32	—	-$5,828,309,733	-$8,231,057,913	—	-1.2%	-1.6%	1,537,394,780,000	—	—	Israel	Forex
☆	61	Intel INTC	Company	$491,396,333,568	$96.20	—	+$23,037,395,680	-$20,943,086,982	—	+4.9%	-4.1%	5,286,105,262	$7,142,124,363	1.45%	United States	Technology
☆	62	Palantir Technologies PLTR	Company	$484,744,953,856	$212.04	—	+$44,441,812,408	-$41,058,382,245	—	+10.1%	-7.8%	2,300,713,329	$4,493,691,414	0.93%	United States	Technology
☆	63	Tencent TCEHYN.MX	Company	$459,239,093,487	$59.43	—	+$53,856,220,963	—	—	+13.3%	—	9,005,060,353	$301,729	0.00%	China	Communication Services
☆	64	Industrial and Commercial Bank of China 601398.SS	Company	$457,142,414,201	$1.28	+$530,943,570	+$8,495,097,128	+$5,726,869,800	+0.1%	+1.9%	+1.3%	269,612,212,539	$491,651,801	0.11%	China	Financial Services
☆	65	China Construction Bank 601939.SS	Company	$456,100,508,181	$1.74	+$1,561,988,042	+$7,419,443,198	+$9,004,374,068	+0.3%	+1.7%	+2.0%	21,183,061,579	$232,157,393	0.05%	China	Financial Services
☆	66	Chevron CVX	Company	$444,852,404,224	$225.71	—	—	+$14,446,715,356	—	—	+3.4%	1,961,603,274	$1,786,162,856	0.40%	United States	Energy
☆	67	Costco Wholesale COST	Company	$442,380,451,840	$1,004.80	—	+$4,486,322,456	—	—	+1.0%	—	443,129,349	$1,507,004,064	0.34%	United States	Consumer Defensive
☆	68	The Coca-Cola KO	Company	$398,760,247,296	$93.49	—	—	+$6,483,212,920	—	—	+1.7%	4,302,549,243	$1,414,855,783	0.35%	United States	Consumer Defensive
☆	69	Agricultural Bank of China 601288.SS	Company	$386,265,984,061	$1.10	+$1,045,374,788	+$5,226,873,939	—	+0.3%	+1.4%	—	319,244,210,777	$452,209,110	0.12%	China	Financial Services
☆	70	Roche RO.SW	Company	$384,030,154,115	$480.04	—	—	+$19,379,010,102	—	—	+5.3%	106,691,000	$14,053,307	0.00%	Switzerland	Healthcare
☆	71	Norwegian krone NOKUSD=X	Currency	$380,955,277,060	$0.11	—	-$2,832,313,652	+$4,788,073,741	—	-0.7%	+1.3%	3,597,475,000,000	—	—	Norway	Forex
☆	72	UnitedHealth UNH	Company	$374,297,034,752	$419.26	—	—	+$10,873,772,559	—	—	+3.0%	897,594,847	$1,665,540,117	0.44%	United States	Healthcare
☆	73	Merck MRK	Company	$369,779,703,808	$148.30	—	—	+$7,679,848,198	—	—	+2.1%	2,467,171,638	$1,335,301,653	0.36%	United States	Healthcare
☆	74	The Procter & Gamble PG	Company	$364,287,918,080	$159.32	—	—	+$5,144,663,669	—	—	+1.4%	2,322,672,312	$1,582,161,354	0.43%	United States	Consumer Defensive
☆	75	Bank of America BAC	Company	$355,091,775,488	$50.64	—	—	-$8,134,013,814	—	—	-2.2%	6,992,748,365	$1,772,994,311	0.50%	United States	Financial Services
☆	76	Bank of China 601988.SS	Company	$346,485,614,218	$1.08	—	-$959,793,945	+$8,470,818,409	—	-0.3%	+2.5%	238,590,135,419	$277,479,966	0.08%	China	Financial Services
☆	77	PetroChina 601857.SS	Company	$345,029,041,410	$1.88	-$546,364,278	+$1,912,274,972	+$1,410,480,358	-0.2%	+0.6%	+0.4%	161,922,077,818	$264,507,571	0.08%	China	Energy
☆	78	Caterpillar CAT	Company	$340,255,965,184	$725.24	—	—	-$8,332,339,559	—	—	-2.4%	459,674,889	$1,502,284,618	0.44%	United States	Industrials
☆	79	Czech koruna CZKUSD=X	Currency	$335,526,036,191	$0.05	—	-$1,228,466,473	+$1,618,949,466	—	-0.4%	+0.5%	7,266,151,720,000	—	—	Czech Republic	Forex
☆	80	Lam Research LRCX	Company	$326,383,992,832	$280.26	—	+$19,576,517,946	-$10,329,786,685	—	+6.4%	-3.1%	1,251,424,362	$4,277,102,791	1.31%	United States	Technology
☆	81	Applied Materials AMAT	Company	$324,533,747,712	$404.60	—	-$304,801,839	-$100,584,606,928	—	-0.1%	-23.7%	793,597,443	$2,521,934,513	0.78%	United States	Technology
☆	82	HSBC HSBA.L	Company	$318,764,957,777	$1,846.27	—	—	-$6,852,611,503	—	—	-2.1%	17,099,943,684	$13,964,233,562	4.38%	United Kingdom	Financial Services
☆	83	Philippine peso PHPUSD=X	Currency	$317,739,027,425	$0.02	—	+$1,690,728,945	-$783,705,278	—	+0.5%	-0.2%	20,015,969,700,000	—	—	Philippines	Forex
☆	84	The Home Depot HD	Company	$313,414,221,824	$315.11	—	—	+$6,872,813,534	—	—	+2.2%	997,689,626	$913,018,305	0.29%	United States	Consumer Cyclical
☆	85	Dell Technologies DELL	Company	$308,928,708,608	$461.56	—	—	-$9,999,555,652	—	—	-3.1%	315,433,188	$3,148,365,378	1.02%	United States	Technology
☆	86	Colombian peso COPUSD=X	Currency	$308,409,437,002	$0.00	—	+$973,142,973	+$1,388,210,279	—	+0.3%	+0.5%	980,180,670,000,000	—	—	Colombia	Forex
☆	87	Philip Morris PM	Company	$307,763,806,208	$199.90	—	—	+$30,791,777	—	—	+0.0%	1,558,613,439	$1,153,168,327	0.37%	United States	Consumer Defensive
☆	88	GE Aerospace GE	Company	$306,993,987,584	$299.87	—	—	-$12,131,519,501	—	—	-3.8%	1,037,562,513	$2,129,184,353	0.69%	United States	Industrials
☆	89	South African rand ZARUSD=X	Currency	$303,969,709,638	$0.06	—	-$2,614,993,908	-$20,264,618	—	-0.9%	-0.0%	5,018,479,000,000	—	—	South Africa	Forex
☆	90	Novartis NOVNEE.SW	Company	$300,028,420,129	$168.91	—	+$27,761,250,368	+$11,543,552,959	—	+10.2%	+4.0%	—	$67,565,436	0.02%	Switzerland
☆	91	Ethereum ETH-USD	Cryptocurrency	$297,066,105,710	$2,431.89	-$403,109,577	-$740,884,230	-$894,170,334	-0.1%	-0.2%	-0.3%	122,152,452	$13,768,654,794	4.63%	Global	Cryptocurrency
☆	92	Shell SHEL.L	Company	$296,396,880,823	$5,198.13	—	—	+$1,107,189,079	—	—	+0.4%	5,688,864,370	$946,059	0.00%	United Kingdom	Energy
☆	93	Morgan Stanley MS	Company	$293,711,577,088	$180.40	—	—	-$3,923,752,222	—	—	-1.3%	1,570,566,292	$1,606,462,000	0.55%	United States	Financial Services
☆	94	Danish krone DKKUSD=X	Currency	$293,355,437,425	$0.15	—	+$106,247,359	+$962,704,494	—	+0.0%	+0.3%	1,951,283,000,000	—	—	Denmark	Forex
☆	95	Egyptian pound EGPUSD=X	Currency	$292,267,151,650	$0.02	—	+$3,927,047,718	-$5,386,619,695	—	+1.4%	-1.8%	15,665,518,000,000	—	—	Egypt	Forex
☆	96	Palo Alto Networks PANW	Company	$284,050,489,344	$369.12	—	+$22,193,368,316	-$13,297,552,167	—	+8.5%	-4.5%	818,000,000	$1,896,622,350	0.67%	United States	Technology
☆	97	Royal Bank of Canada RY.TO	Company	$277,688,809,302	$200.52	—	+$3,300,455,976	+$6,553,119,585	—	+1.2%	+2.4%	1,384,429,799	$1,431,066,127	0.52%	Canada	Financial Services
☆	98	Netflix NFLX	Company	$270,822,637,568	$68.92	—	+$903,789,998	-$17,997,209,519	—	+0.3%	-6.2%	4,163,939,676	$6,956,168,862	2.57%	United States	Communication Services
☆	99	SAP SE SAP.DE	Company	$270,589,564,058	$233.54	—	+$8,201,656,260	—	—	+3.1%	—	1,154,204,232	$637,427,838	0.24%	Germany	Technology
☆	100	The Goldman Sachs GS	Company	$263,428,571,136	$884.81	—	—	—	—	—	—	291,171,408	$2,204,573,130	0.84%	United States	Financial Services

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The World's Assets, Ranked by Market Cap

Welcome to AssetMarketCap — the global leaderboard of wealth. We bring every major asset class together in one place and rank them by a single, comparable metric: market capitalisation. From the largest companies and the most valuable cryptocurrencies to gold, oil, national currencies and the world's real estate, we make it easy to see how the world's assets stack up against one another in real time. We take our data seriously and present it accurately, neutrally and without trying to fit any narrative.

All Your Market Data in One Place

Most data sites focus on a single market — one for stocks, another for crypto, another for commodities. We built AssetMarketCap so you don't have to browse a dozen tabs to compare them. Whether you want to know if Apple is worth more than all of the silver ever mined, how Bitcoin compares to the world's reserve currencies, or where a small-cap stock sits against a mid-cap token, the answer lives on one screen. Our goal is to democratise access to market data and give you the context to make informed decisions.

Live & Historical Prices and Charts

Prices and market caps update throughout the day, and most assets include a seven-day price sparkline so you can read recent momentum at a glance. Pro members can also travel back in time: pick any historical date and the entire leaderboard re-ranks to show how the world looked on that day. It's a powerful way to study how dominance has shifted between asset classes over the years.

How Do We Calculate Market Cap?

Market capitalisation is the total market value of an asset. The exact formula depends on the asset class, but the idea is always the same — price multiplied by the quantity in circulation:

Companies (stocks): share price × shares outstanding.
Cryptocurrencies: coin price × circulating supply.
Commodities & precious metals: spot price × estimated above-ground or available supply.
Currencies: the value of the money supply in circulation.
Real estate: the estimated aggregate value of the underlying property market.

How Are Asset Prices Determined?

We aggregate prices from many reputable exchanges, market data providers and public sources, then convert everything into your selected display currency so that every asset is directly comparable. Where multiple venues quote a price, we use representative pricing and filter out anomalous outliers so the figures you see are as fair and timely as possible.

What Is Market Capitalisation?

Market cap tells you how the market values an asset as a whole, rather than the price of a single unit — a $5 stock can easily be a bigger company than a $500 stock. It's a standardised yardstick investors rely on to gauge scale and to compare an asset against its peers. As a rough guide, assets are often grouped into tiers:

Mega- & large-cap — the established giants, typically valued in the hundreds of billions or trillions. Higher liquidity, lower relative risk.
Mid-cap — roughly $1bn–$10bn. More room to grow than the giants, but with greater volatility.
Small-cap — under $1bn. Often newer projects or companies with the highest growth potential and the highest risk.

Which tier suits you depends on your appetite for risk. Market cap is an important lens, but it's only one of many factors worth considering.

How Are Assets Ranked and Listed?

The leaderboard above is ordered by market cap — an accurate, real-time measure of each asset's overall valuation. Because we aggregate across markets rather than mirroring a single exchange, the rankings reflect the broad market rather than one venue's view. You can filter by asset class, sector, country and value range, search for any asset, and customise which columns you see using the Columns control.

How Big Is the Global Asset Market?

Taken together, the world's investable assets are worth well over a quadrillion US dollars. Real estate and equities make up the lion's share, with commodities, currencies and the fast-growing cryptocurrency market rounding out the picture. AssetMarketCap tracks tens of thousands of individual assets across these classes so you can always see the full landscape.

Asset Classes We Track

Real estate — the single largest store of global wealth.
Companies (stocks) — publicly listed equities from markets around the world.
Commodities & precious metals — gold, silver, oil and more.
Currencies (forex) — the major national and reserve currencies.
Cryptocurrencies — Bitcoin, Ethereum and thousands of digital assets.
Government bonds — sovereign debt markets, shown per country and as a single aggregate "Government Bonds" total.

A Note on ETFs

We also track exchange-traded funds (ETFs) so you can find and compare them, but ETFs are deliberately excluded from the total market cap calculation. An ETF mostly holds the very stocks, bonds and commodities we already count, so adding ETFs into the global total would double-count those underlying assets. They are hidden from the default view and can be shown with the "Include ETFs" toggle.

Ready to dig deeper? Use the filters and search above to explore any market, switch your display currency from the top bar, or sign up to unlock historical time-travel and full data downloads.