Top Global asset classes by estimated market capitalization (2025)
| Rank | Asset Class | Estimated Market Cap | Notes |
|---|---|---|---|
| 1 | Real Estate | $350–400 trillion | Global residential, commercial, and agricultural |
| 2 | Debt (Bonds) | $135–150 trillion | Government, corporate, municipal bonds |
| 3 | Equities (Stocks) | $110–120 trillion | Publicly traded global companies |
| 4 | Cash & Money Markets | $90–100 trillion | Includes bank deposits and short-term instruments |
| 5 | Derivatives | $1+ quadrillion (notional) | Not actual market value, based on contract notional |
| 6 | Commodities | $20–25 trillion | Gold, oil, agriculture, etc. |
| 7 | Gold | $15–16 trillion | Based on global reserves and current prices |
| 8 | Cryptocurrencies | $2–3 trillion | Mostly Bitcoin and Ethereum |
Top U.S.A. asset classes by estimated market capitalization (2025)
| Rank | Asset Class | Estimated Market Cap (USA) | Notes |
|---|---|---|---|
| 1 | Real Estate | $60–70 trillion | Includes residential, commercial, and agricultural property in the U.S. |
| 2 | Equities (Stocks) | $50–55 trillion | Market cap of U.S.-listed public companies (e.g., NYSE, NASDAQ) |
| 3 | Debt (Bonds) | $50–60 trillion | Includes U.S. Treasury, municipal, and corporate bonds |
| 4 | Cash & Money Markets | $20–25 trillion | Bank deposits, money market funds, and currency in circulation |
| 5 | Gold (held in U.S.) | $500–600 billion | Gold reserves and private holdings within the U.S. |
| 6 | Cryptocurrencies (U.S. share) | $400–500 billion | Estimated U.S. share of global crypto market |
