Nomura Holdings Inc vs Materials Select Sector SPDR Fund — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Materials Select Sector SPDR Fund trades at $50.01. The key difference: Nomura Holdings Inc pays a 3.45% dividend while Materials Select Sector SPDR Fund pays none, and Nomura Holdings Inc is trading nearer its 52-week high, Materials Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| NMR | XLB | |
|---|---|---|
Market Cap | $27.46B | — |
Sector | Financials | — |
52-Week High | $10.04 | $53.62 |
52-Week Low | $6.39 | $42.23 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
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