Nomura Holdings Inc vs Invesco Preferred ETF — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Invesco Preferred ETF trades at $10.79. The key difference: Nomura Holdings Inc pays a 3.45% dividend while Invesco Preferred ETF pays none, and Nomura Holdings Inc is trading nearer its 52-week high, Invesco Preferred ETF nearer its low. Which is the better fit depends on your goals.
| NMR | PGX | |
|---|---|---|
Market Cap | $27.46B | — |
Sector | Financials | — |
52-Week High | $10.04 | $11.87 |
52-Week Low | $6.39 | $10.81 |
Dividend Yield | 3.45% | — |
Trailing returns across standard periods
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
Read more on NMR →The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate US dollar-denominated preferred securities market.
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