VanEck Brazil Small-Cap ETF
$16.43−0.23 (−1.38%)
- Expense ratio
- 0.60%
- Fund size
- $23M
- 1Y return
- +8.1%
- Yield · Last 12 months
- 5.36%
- Holdings
- 92
- Volume · 30D
- 0M sh
- NAV per share
- $16.69
- 52W range
The ETF.net BRF Grade
Score 55 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 37Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 27Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 76Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 51Category rank
Our read on BRF
BBrazil without the giants. BRF tracks an index of roughly 90 Brazilian small caps, a narrower and more domestic slice than the broad country funds, and it has been doing that job since 2009.
The fund seeks to replicate, before fees and expenses, the price and yield performance of the MVIS Brazil Small-Cap Index.
Why people hold it
- A pure index play on Brazilian small caps: roughly 90 names, one mandate, no drift into other markets or size bands.
- A different cut of Brazil than broad-market peers EWZ and FLBR: same country, opposite end of the size spectrum.
- Live since 2009, with more than a decade of real trading history across Brazil's boom and bust cycles.
- Rules-based from top to bottom: it replicates the MVIS Brazil Small-Cap Index rather than letting a manager pick the winners.
Worth knowing
- The 0.60% fee sits at the middle of the Brazil ETF pack, and broad-market FLBR charges 0.19%. The premium buys the small-cap tilt, not a discount.
- A small fund that trades lightly, so spreads tend to be wider than on the headline Brazil ETFs, especially away from Brazilian market hours.
- One country, one size band: currency moves and local politics land harder here than in a diversified emerging-markets fund. Income arrives once or twice a year, not monthly.
BRF Holdings
- Stocks
- 92
- 29%
- ALUP11.SA
Sectors
- Consumer Discr.16.2%
- Real Estate13.9%
- Materials13.8%
- Industrials12.5%
- Utilities9.8%
- Cons. Staples9.6%
- Financials8.9%
- Health Care6.9%
- Energy5.3%
- Technology3.1%
Geography
- Brazil91.01%
- United States2.23%
- Israel2.05%
- Australia1.82%
- Uruguay1.78%
- Luxembourg0.68%
- United Kingdom0.44%
Developed 3% · Emerging 97%
BRF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | BRF |
|---|---|
| Year to date | +3.3% |
| 1 month | +7.0% |
| 3 months | +1.7% |
| 1 year | +8.1% |
| 3 years | +4.7% |
| 5 years | +0.2% |
| 10 years | +3.4% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BRF |
|---|---|---|
| 2026 YTD | +3.3% | |
| 2025 | +54.2% | |
| 2024 | −34.9% | |
| 2023 | +37.1% | |
| 2022 | −14.5% | |
| 2021 | −20.3% | |
| 2020 | −21.0% |
BRF in the news
ETF.net Research hasn’t filed on BRF yet — coverage lands here as it’s written.
BRF Dividends
- 5.36%
- $0.89
- $0.89 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 22, 2025 | Dec 26, 2025 | $0.89 |
| Dec 23, 2024 | Dec 24, 2024 | $0.45 |
| Dec 18, 2023 | Dec 22, 2023 | $0.88 |
| Dec 19, 2022 | Dec 23, 2022 | $0.56 |
| Dec 20, 2021 | Dec 27, 2021 | $0.49 |
| Dec 21, 2020 | Dec 28, 2020 | $0.35 |
| Dec 23, 2019 | Dec 30, 2019 | $0.70 |
| Dec 27, 2018 | Jan 3, 2019 | $0.07 |
| Dec 20, 2018 | Dec 27, 2018 | $0.51 |
| Dec 18, 2017 | Dec 22, 2017 | $1.06 |
| Dec 19, 2016 | Dec 23, 2016 | $0.68 |
| Dec 21, 2015 | Dec 28, 2015 | $0.40 |
BRF Risk
- 25.4%
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.
- 0.05
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.
- −41.5%
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.
- 1.30
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BRF Cost
- The middle half of Brazil funds
- Median 0.59%
4 of the 7 Brazil funds charge less.