Brazil Vs. IndiaCORRELATION : 70 %
COINTEGRATION : 0.71
LONG EWZ (GREEN) @ 54.84
SHORT PIN (RED) @ 19.04
Key stats
About Global X Brazil Active ETF
Home page
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.
Related funds
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Non-Energy Minerals
Utilities
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BRAZ assets under management is 6.76 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BRAZ invests in stocks. See more details in our Analysis section.
BRAZ expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BRAZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, BRAZ pays dividends to its holders with the dividend yield of 2.89%.
BRAZ shares are issued by Mirae Asset Global Investments Co., Ltd.
BRAZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 16, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.