Nomura Holdings Inc vs Direxion NASDAQ 100 Equal Weighted Index Shares — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Direxion NASDAQ 100 Equal Weighted Index Shares trades at $118.11. The key difference: Nomura Holdings Inc pays a 3.45% dividend while Direxion NASDAQ 100 Equal Weighted Index Shares pays none. Which is the better fit depends on your goals.
| NMR | QQQE | |
|---|---|---|
Market Cap | $27.46B | — |
Sector | Financials | Broad Market / Factor |
52-Week High | $10.04 | $122.72 |
52-Week Low | $6.39 | $96.06 |
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 →QQQE is an ETF that seeks to track the performance of the NASDAQ-100 Equal Weighted Index. Unlike traditional market-capitalization-weighted indexes, this fund assigns equal weight to each of the 100 non-financial companies in the NASDAQ-100 and rebalances quarterly. This equal-weighting scheme reduces concentration risk in the largest technology companies and increases the fund's exposure to smaller-cap and mid-cap companies within the index, providing a differentiated growth profile.
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