Nomura Holdings Inc vs Global X NASDAQ 100 Covered Call ETF — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Global X NASDAQ 100 Covered Call ETF trades at $17.81. The key difference: Nomura Holdings Inc pays a 3.45% dividend while Global X NASDAQ 100 Covered Call ETF pays none, and Nomura Holdings Inc is trading nearer its 52-week high, Global X NASDAQ 100 Covered Call ETF nearer its low. Which is the better fit depends on your goals.
| NMR | QYLD | |
|---|---|---|
Market Cap | $27.46B | — |
Sector | Financials | Income / Options Overlay |
52-Week High | $10.04 | $18.52 |
52-Week Low | $6.39 | $16.46 |
Dividend Yield | 3.45% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →QYLD is an ETF that follows a covered call strategy on the NASDAQ 100 Index. The fund holds a long position in the stocks of the NASDAQ 100 and simultaneously writes (sells) call options on the index. The primary goal is to generate monthly income from the option premiums. This strategy can reduce portfolio volatility and provide income, but it limits potential capital appreciation from a significant rise in the NASDAQ 100 Index.
Read more on QYLD →