Key stats
About Direxion Daily Brazil Bull 2X Shares
Home page
Inception date
Apr 10, 2013
Structure
Open-Ended Fund
Replication method
Synthetic
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
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
BRZU, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument. The fund invests in large- and mid-cap companies in Brazil. Like many levered funds, it delivers 2x exposure only for one day. Over longer periods, returns can vary significantly from 2x exposure to its underlying index, so it should not be expected to provide index leverage return greater than a one-day period. Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.
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
ETF
Cash
Bonds, Cash & Other100.00%
ETF74.53%
Cash25.47%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
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
BRZU last dividends amounted to 0.03 USD. The quarter before, the issuer paid 1.49 USD in dividends, which shows a 4.65 K% decrease.
BRZU assets under management is 119.52 M USD. It's fallen 7.40% over the last month.
BRZU fund flows account for 38.09 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, BRZU pays dividends to its holders with the dividend yield of 5.59%. The last dividend (Apr 1, 2025) amounted to 0.03 USD. The dividends are paid quarterly.
BRZU shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Apr 10, 2013, and its management style is Passive.
BRZU expense ratio is 1.22% meaning you'd have to pay 1.22% of your investment to help manage the fund.
BRZU follows the MSCI Brazil 25-50. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BRZU invests in funds.
BRZU price has risen by 1.04% over the last month, and its yearly performance shows a −19.39% decrease. See more dynamics on BRZU price chart.
NAV returns, another gauge of an ETF dynamics, showed a 22.95% increase in three-month performance and has decreased by −14.93% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 22.95% increase in three-month performance and has decreased by −14.93% in a year.
BRZU trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.