VanEck Brazil Small-Cap ETF (BRF)
| Assets | $19.88M |
| Expense Ratio | 0.60% |
| PE Ratio | 10.00 |
| Shares Out | 1.30M |
| Dividend (ttm) | $0.45 |
| Dividend Yield | 2.91% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 29.11% |
| Volume | 1,706 |
| Open | 15.25 |
| Previous Close | 15.27 |
| Day's Range | 15.25 - 15.43 |
| 52-Week Low | 10.82 |
| 52-Week High | 15.63 |
| Beta | 0.99 |
| Holdings | 98 |
| Inception Date | May 14, 2009 |
About BRF
Fund Home PageThe VanEck Brazil Small-Cap ETF (BRF) is an exchange-traded fund that is based on the MVIS Brazil Small-Cap index, a market-cap-weighted index of Brazilian small-cap firms. BRF was launched on May 14, 2009 and is issued by VanEck.
Top 10 Holdings
30.08% of assets| Name | Symbol | Weight |
|---|---|---|
| MODEC, Inc. | 6269 | 4.50% |
| Cyrela Brazil Realty S.A. Empreendimentos e Participações | CYRE3 | 3.33% |
| Alupar Investimento S.A. | ALUP11 | 3.13% |
| Brava Energia S.A. | BRAV3 | 3.05% |
| Inter & Co, Inc. | INTR | 2.83% |
| Ero Copper Corp. | ERO | 2.83% |
| Azzas 2154 S.A. | AZZA3 | 2.80% |
| Santos Brasil Participações S.A. | STBP3 | 2.63% |
| Marcopolo S.A. | POMO4 | 2.50% |
| Companhia de Saneamento de Minas Gerais | CSMG3 | 2.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.4483 | Dec 24, 2024 |
| Dec 18, 2023 | $0.8824 | Dec 22, 2023 |
| Dec 19, 2022 | $0.5571 | Dec 23, 2022 |
| Dec 20, 2021 | $0.4877 | Dec 27, 2021 |
| Dec 21, 2020 | $0.3529 | Dec 28, 2020 |
| Dec 23, 2019 | $0.6972 | Dec 30, 2019 |
Performance
BRF had a total return of 17.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.17%.
News
BRF: Brazilian Equities Still Have Room To Run
The VanEck Brazil Small-Cap ETF is a unique way to gain access to Brazil's stock market. 2023 was a strong year for Brazil's stock market, but stocks have pulled back sharply in 2024 due to political ...
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
BRF: Bullish On Brazil As Monetary Easing Begins
After months of decelerating inflation, Brazil finally pivots toward monetary easing. Given the excessively high real rates and with a BCB reshuffle catalyst on the horizon, the pace of easing could s...
Uneven Impact Of High Interest Rates: Brazil Manufacturing Struggles While Service Thrives
The Brazilian economy avoided entering a technical recession in the opening quarter of 2023, with a growth rate of 1.9% largely beating market expectations. PMI data up to May so far point to sustaine...
Brazil's Inflation Falls And There May Be Room For Easing Monetary Policy This Year
Annual inflation in Brazil reached 4.7% in March, the lowest since January 2021, as the impact of external shocks continues to vanish. Brazil's inflationary environment remains under pressure.
VanEck Brazil Small-Cap ETF: Good Value On Offer, But Risks Remain
VanEck Brazil Small-Cap ETF hasn't fared well over the past year, delivering negative returns of 16%. Underlying conditions in Brazil don't look too encouraging, although bond investors will appreciat...
Brazil Beckons With Low Valuations And Growth Potential
In the fog of domestic political and fiscal uncertainty, investors may still find Brazil equities poised to benefit from structural growth trends within their industries. We believe the tide is turnin...
Investment Opportunities In Latin America
The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource compa...
ETF Trends To Watch In 2023: Active Munis, Global Appeal, And Dividend Funds
Active fixed-income ETFs allow portfolio managers to stay nimble and avoid sectors and parts of the credit spectrum that might encounter increased stress. There are now a growing number of dividend ET...
Brazil ETFs drop after Bolsonaro supporters storm Brazilian Congress
Shares of exchange-traded funds that focus on Brazil were falling Monday morning, after rioters supporting former Brazilian President Jair Bolsonaro stormed the country's Congress over the weekend fol...
Water Scarcity In Latin America: Operational Challenges
Water scarcity in Latin America is likely to intensify supply chain and operational disruptions, regulatory risks, and economic losses for businesses during the next five years. In Brazil, hydropower ...
Peak Inflation May Hint At Peak Rates In Emerging Markets
Central banks across emerging markets have reacted to elevated inflation by significantly tightening monetary policy, in some cases, well ahead of the U.S. Federal Reserve and the European Central Ban...
Lula Returns To Helm Of World's 12th Largest Economy: 'Brazil Is Back'
Lula claims third term as president, narrowly defeating incumbent Jair Bolsonaro. Political divides remain deep, but the government appears balanced by a newly elected pro-market Congress.
Brazil's First-Round Election Results Increase Risk Of Gridlock In Congress, Posing Hurdles To Fiscal Consolidation
The first-round outcome is likely to buoy Bolsonaro, whose showing was better than polling had indicated. Lula has not specified how he would reduce Brazil's large current structural fiscal deficit or...
In Brazil, Lula Faces A Difficult Fiscal Outlook
Luiz Inácio Lula da Silva won the first-round against incumbent Jair Bolsonaro's - neither candidate captured more than 50% of the vote, so there will be a runoff on October 30. Bolsonaro has improved...
Brazil Elections: Brace For Volatility But Look For Opportunities
Brazilians remain polarized following this past weekend's inconclusive presidential election. While many analysts expect Lula to maintain the surprisingly narrow lead he garnered for the upcoming runo...
Shifting Global Winds Pose Challenges To Latin America
Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing ...
IShares MSCI Brazil Small-Cap ETF: Good Risk-Reward
IShares MSCI Brazil Small-Cap ETF: Good Risk-Reward
Supply Chains Disruptions In Latin America
The main disruption for Latin American traders comes from increased shipping costs and long delays to products arriving at their destinations. Latin American exporters of fruit, meat, and other perish...
Emerging Risks In Latin America In 2022
Latin America will start 2022 in a very fragile position given the economic fallout from the Coronavirus disease 2019 (COVID-19) pandemic, a deteriorated fiscal position, weak FDI, and the erosion of ...
Central Banks In Latin America's Largest Economies Grapple With Raging Inflation
The Central Bank of Brazil has embarked on a series of shock-and-awe rate hikes in order to not fall further behind. Following its last meeting, Banxico said again that it expected inflation to be tra...