Key stats
About Global X Brazil Active ETF
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Inception date
Aug 16, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A5609
BRAZ is a country specific fund, focusing on long-term capital appreciation through Brazilian stocks. Brazil is one of the largest countries, in terms of population and GDP, within the emerging market economies. The country is perceived to have favorable demographic trends, abundant natural resources, and market-friendly political reforms. Portfolio development begins with a proprietary quantitative screening process to identify the investable universe. Then using bottom-up analysis, analysts compile a recommendation list of their highest-conviction stocks within each sector. An investment team determines the model portfolio. Based on a combination of this information and using a four- to five-year investment horizon for growth, portfolio managers construct the underlying portfolio of 20-30 stocks. The fund expects to invest in a broad range of sectors, but may hold 25% or more in a particular sector. All positions are actively managed, balancing both growth and return profiles.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Energy Minerals
Utilities
Stocks92.56%
Finance42.29%
Energy Minerals14.91%
Utilities10.09%
Non-Energy Minerals9.82%
Retail Trade4.57%
Producer Manufacturing3.49%
Consumer Durables2.91%
Process Industries2.17%
Technology Services1.53%
Electronic Technology0.78%
Bonds, Cash & Other7.44%
UNIT4.83%
Miscellaneous1.85%
Cash0.76%
Stock breakdown by region
Latin America80.66%
North America17.77%
Europe1.57%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BRAZ invests in stocks. The fund's major sectors are Finance, with 42.29% stocks, and Energy Minerals, with 14.91% of the basket. The assets are mostly located in the Latin America region.
BRAZ top holdings are Nu Holdings Ltd. Class A and Petroleo Brasileiro SA Sponsored ADR, occupying 13.25% and 12.38% of the portfolio correspondingly.
BRAZ last dividends amounted to 0.29 USD. Six months before that, the issuer paid 0.44 USD in dividends, which shows a 52.99% decrease.
BRAZ assets under management is 7.05 M USD. It's risen 5.21% over the last month.
BRAZ fund flows account for 2.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BRAZ pays dividends to its holders with the dividend yield of 2.80%. The last dividend (Jul 7, 2025) amounted to 0.29 USD. The dividends are paid semi-annually.
BRAZ shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Aug 16, 2023, and its management style is Active.
BRAZ expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
BRAZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BRAZ invests in stocks.
BRAZ price has risen by 3.36% over the last month, and its yearly performance shows a 2.29% increase. See more dynamics on BRAZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.83% over the last month, showed a 6.41% increase in three-month performance and has increased by 7.50% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.83% over the last month, showed a 6.41% increase in three-month performance and has increased by 7.50% in a year.
BRAZ trades at a premium (0.59%) meaning the ETF is trading at a higher price than the calculated NAV.