Nomura Holdings Inc vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Direxion Daily FTSE China Bull 3x Shares trades at $27.94. The key difference: Nomura Holdings Inc pays a 3.45% dividend while Direxion Daily FTSE China Bull 3x Shares pays none, and Nomura Holdings Inc is trading nearer its 52-week high, Direxion Daily FTSE China Bull 3x Shares nearer its low. Which is the better fit depends on your goals.
| NMR | YINN | |
|---|---|---|
Market Cap | $27.46B | — |
Sector | Financials | Leveraged / Inverse |
52-Week High | $10.04 | $56.62 |
52-Week Low | $6.39 | $21.45 |
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 →YINN is a leveraged ETF that seeks daily investment results, before fees and expenses, of 300% (3x) of the daily performance of the FTSE China 50 Index. It is a tactical instrument designed for sophisticated traders seeking to magnify short-term bullish views on large-cap Chinese equities, primarily those trading on the Hong Kong Stock Exchange.
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