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Launched · SEC filings

Global X Brazil Active ETF

BRAZNYSE ArcaGlobal XC

$27.57−0.13 (−0.48%)

As of Nov 2, 2026, 3:57 PM ET

C50/ 100

Rank 5 of 7 in Brazil

C50/100Rank 5 of 7inBrazil
Intraday session: down, 78 prints from 27.70 to 27.57. Range 27.57 to 32.99. Use the arrow keys to read each point.29.0030.0031.0032.0033.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$9M
1Y total return
+8.2%
Yield · Last 12 months
2.88%
Holdings
29
Avg volume · 30D
1.47K sh
52W range
low $26.20high $38.03
Launched
Filings
SEC EDGAR

The ETF.net BRAZ Grade

C

Score 50 out of 100

Category
Brazil⁠
Rank
5 of 7
Six-pillar profile for BRAZ. Scores out of 100: Cost 23, Risk 56, Mission 93, Tradability 49, Holdings 34, Durability 25. Strongest: Mission (93). Weakest: Cost (23). Leans toward Mission.

Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F23 out of 100
    Rank 6 of 7

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A93 out of 100
    Rank 1 of 5

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B56 out of 100
    Rank 3 of 7

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 5 of 7

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D34 out of 100
    Rank 5 of 5

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D25 out of 100
    Rank 6 of 7

Our read on BRAZ

ETF.net Research

In short

CBrazil, stock-picked. Global X launched BRAZ in 2023 as the only actively managed Brazil ETF on the US market: a couple dozen names chosen by an emerging-markets team rather than the weights a cap-weighted index hands you. Focused mandate, active price tag.

Stated mandate

The fund seeks long-term capital growth.

Why people hold it

  • The active outlier on a shelf of Brazil index trackers. It doesn't replicate a benchmark, so managers set position sizes themselves instead of inheriting them.globalxetfs.com
  • Concentrated on purpose: a high-conviction book of roughly two dozen Brazilian stocks, not a broad market sweep.prnewswire.com
  • Run since its 2023 launch by Global X's emerging markets team, using parent Mirae's risk framework for position and sector limits.prnewswire.com
  • The mandate is literal and the portfolio honors it: Brazilian equities, long-term capital growth, no style drift into neighboring markets.

Worth knowing

  • At 0.75% a year, it costs more than the typical Brazil fund and nearly four times the cheapest index option in the group (FLBR, 0.19%).
  • Small asset base and thin trading volume, so spreads can widen. Limit orders and a look at the quote matter more here than with the category's household names.
  • Roughly two dozen holdings in one emerging market means single-stock and single-country moves land hard. Distributions come annually or semiannually, not monthly.

BRAZ Performance

Launched Aug 16, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
BRAZ$10,818
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BRAZ $10,818. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BRAZ. Periods over one year show the average yearly return.
PeriodBRAZ
Year to date+1.9%
1 month−13.4%
3 months−11.0%
1 year+8.2%
3 yearsper year+7.5%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BRAZ
YearReturn barBRAZ
2026 YTD+1.9%
2025+45.3%
2024−29.7%
2023+17.6%

History from Aug 18, 2023

BRAZ in the news

BRAZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
2.88%Last 12 months
Payout per share
$0.80Last 12 months
Last payment
$0.15 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2023–2026

One bar per payment. 6 payments from 2023 to 2026 YTD. Dec 28, 2023 $0.54; Jun 27, 2024 $0.36; Dec 30, 2024 $0.44; Jun 27, 2025 $0.29; Dec 30, 2025 $0.64; Jun 29, 2026 $0.15. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jul 7, 2026$0.15
Dec 30, 2025Jan 7, 2026$0.64
Jun 27, 2025Jul 7, 2025$0.29
Dec 30, 2024Jan 7, 2025$0.44
Jun 27, 2024Jul 5, 2024$0.36
Dec 28, 2023Jan 8, 2024$0.54

$10,000 in BRAZ 3 years ago paid $927 in dividends.

BRAZ Risk

Risk pillarB56 out of 100Rank 3 of 7 in Brazil
How much the fund’s monthly returns vary, scaled to a year.
24.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.23
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−31.0%
38 months · trough Dec 2024
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.40
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BRAZ Cost

Compare BRAZ and FLBR

Overpaying vs FLBR, cheapest in Brazil

$10,530

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BRAZ 0.75%

    $14,482

  • FLBR 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • BRAZ 0.75%
  • FLBR 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BRAZ $14,482FLBR $3,952

Year by year

YearBRAZFLBROverpaying
10$1,336$347$989
20$5,078$1,351$3,727
30$14,482$3,952$10,530

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