Nomura Holdings Inc vs Vanguard Intermediate Term Corporate Bond ETF — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Vanguard Intermediate Term Corporate Bond ETF trades at $81.54. The key difference: Nomura Holdings Inc pays a 3.45% dividend while Vanguard Intermediate Term Corporate Bond ETF pays none, and Nomura Holdings Inc is trading nearer its 52-week high, Vanguard Intermediate Term Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| NMR | VCIT | |
|---|---|---|
Market Cap | $27.46B | — |
Sector | Financials | Fixed Income |
52-Week High | $10.04 | $84.82 |
52-Week Low | $6.39 | $81.45 |
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 →VCIT tracks the Bloomberg U.S. 5-10 Year Corporate Bond Index, providing exposure to investment-grade debt from industrial, utility, and financial companies. It acts as a middle-ground bond fund, offering higher yields than short-term bonds with less price volatility than long-term corporate debt.
Read more on VCIT →