Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)
| Assets | $125.60M |
| Expense Ratio | 1.22% |
| PE Ratio | n/a |
| Shares Out | 1.91M |
| Dividend (ttm) | $2.69 |
| Dividend Yield | 3.99% |
| Ex-Dividend Date | Jun 24, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 42,938 |
| Open | 65.89 |
| Previous Close | 65.75 |
| Day's Range | 65.89 - 67.66 |
| 52-Week Low | 40.61 |
| 52-Week High | 79.10 |
| Beta | 1.71 |
| Holdings | 10 |
| Inception Date | Apr 10, 2013 |
About BRZU
Fund Home PageThe Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index. The fund provides 2x daily leveraged exposure to a market-cap-weighted index of large- and mid-cap Brazilian companies. BRZU was launched on Apr 10, 2013 and is issued by Direxion.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares MSCI Brazil ETF | EWZ | 58.82% |
| Dreyfus Govt Cash Man Ins | n/a | 31.93% |
| Ishares Msci Brazil Capped Etf Swap | n/a | 20.40% |
| Goldman Sachs Sterling FixInc Port Inc | n/a | 9.74% |
| Cash | n/a | 0.10% |
| Goldman Sachs Fin Gov 465 Institut | n/a | 0.00% |
| Barclays Collateral | n/a | -0.55% |
| Bnp Collateral | n/a | -3.62% |
| Ubs Collateral | n/a | -6.97% |
| Jpm Collateral | n/a | -9.86% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.76952 | Jul 1, 2025 |
| Mar 25, 2025 | $0.0314 | Apr 1, 2025 |
| Dec 23, 2024 | $1.49242 | Dec 31, 2024 |
| Sep 24, 2024 | $0.40091 | Oct 1, 2024 |
| Jun 25, 2024 | $1.39253 | Jul 2, 2024 |
| Mar 19, 2024 | $0.330 | Mar 26, 2024 |
Performance
BRZU had a total return of 15.78% in the past year, including dividends. Since the fund's inception, the average annual return has been -34.23%.
News
BRZU: Waiting For Clearer Trends Before Betting On It
BRZU is a leveraged ETF designed for short-term trading, aiming to deliver 200% of the MSCI Brazil 25/50 Index's daily return. Historically, BRZU has underperformed with high volatility, making it uns...
BRZU: Signs Begin To Improve
The likely start of interest rate cuts in America should benefit assets around the world, such as Brazil. Brazil's political noise is expected to decrease in the second half of 2024, benefiting invest...
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...
BRZU: Brazilian Equities Bull Market Hinting At Decline
Direxion Daily MSCI Brazil Bull 2X Shares aims to achieve daily investment results that are 200% of the performance of the MSCI Brazil 25/50 Index. The Brazilian economy faces uncertainties on the fis...
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.
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...
BRZU: Requires Caution On Political Risks
It would be lazy to put Brazil in a bucket of politically risky markets, but with Bolsonaro out and Lula in, there are reasons for it. Our primary concern was how Petrobras might be affected by Lula's...
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...
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.
It's Unclear How BRZU Will React To The Election Result
Brazil elections are going into runoff between Bolsonaro and Lula. When Bolsonaro won a few years ago, that was the impetus for big increases in Petrobras and the stock market as a conservative leader...
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 ...
BRZU: The Major Risks
BRZU's tracking index is innately volatile. Until the outcome of the October elections, it is difficult to imagine a scenario where volatility dissipates.
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...
BRZU For A Volatile Year Ahead In Brazil
Brazil is a commodities powerhouse. An unpopular President is up for reelection.
Direxion Daily Brazil Bull 2x Shares ETF: Assessing The Terrain
BRZU follows a daily reset policy and returns could remain sub-par during highly volatile conditions. Brazilian equities appear to offer value.
Brazil: Back To The Bad Days?
Brazilian assets have underperformed since the end of the second quarter, with weakness across all asset classes: FX, credit and rates. In credit, Brazil has widened a bit more than comparable stable ...
