---
ticker: "BRF"
name: "VanEck Brazil Small-Cap ETF"
url: "https://etf.net/etf/BRF"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Brazil"
category_rank: "4 of 7"
methodology: "https://etf.net/methodology"
---

# BRF: VanEck Brazil Small-Cap ETF

Grade **B**, Score 57 of 100. Rank 4 of 7 in Brazil.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 37 | 5 of 7 |
| Mission | 100 | 1 of 5 |
| Risk | 39 | 5 of 7 |
| Tradability | 37 | 6 of 7 |
| Holdings | 75 | 1 of 5 |
| Durability | 52 | 4 of 7 |

## Top holdings

The fund holds 93 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SMFT3.SA | Smartfit Escola De Ginastica E Danca Sa | 3.86% |
| 2 | CYRE3.SA | Cyrela Brazil Realty Sa Empreendimentos | 3.55% |
| 3 | ALUP11.SA | Alupar Investimento Sa | 3.28% |
| 4 | FLRY3.SA | Fleury Sa | 3.22% |
| 5 | INTR | Inter & Co Inc | 3.17% |
| 6 | PAGS | Pagseguro Digital Ltd | 3.07% |
| 7 | GGPS3.SA | Gps Participacoes E Empreendimentos Sa | 2.89% |
| 8 | SAPR11.SA | Cia De Saneamento Do Parana | 2.53% |
| 9 | ORVR3.SA | Orizon Valorizacao De Residuos Sa | 2.43% |
| 10 | CURY3.SA | Cury Construtora E Incorporadora Sa | 2.21% |
| 11 | COGN3.SA | Cogna Educacao | 2.02% |
| 12 | AURE3.SA | Auren Energia Sa | 1.96% |
| 13 | SID | Cia Siderurgica Nacional Sa | 1.89% |
| 14 | ECOR3.SA | Ecorodovias Infraestrutura E Logistica | 1.86% |
| 15 | JHSF3.SA | Jhsf Participacoes Sa | 1.85% |
| 16 | IGTI11.SA | Iguatemi Sa | 1.71% |
| 17 | SIMH3.SA | Simpar Sa | 1.59% |
| 18 | MGLU3.SA | Magazine Luiza Sa | 1.54% |
| 19 | DIRR3.SA | Direcional Engenharia Sa | 1.51% |
| 20 | EZTC3.SA | Ez Tec Empreendimentos E Participacoes | 1.50% |
| 21 | BRAP4.SA | Bradespar Sa | 1.50% |
| 22 | IRBR3.SA | Irb Brasil Resseguros Sa | 1.49% |
| 23 | BRSR6.SA | Banco Do Estado Do Rio Grande Do Sul Sa | 1.47% |
| 24 | ITRN | Ituran Location And Control Ltd | 1.47% |
| 25 | ARCO | Arcos Dorados Holdings Inc | 1.44% |
| 26 | VAMO3.SA | Vamos Locacao De Caminhoes Maquinas E E | 1.39% |
| 27 | BRAV3.SA | 3r Petroleum Oleo E Gas Sa | 1.36% |
| 28 | SLCE3.SA | Slc Agricola Sa | 1.35% |
| 29 | UNIP6.SA | Unipar Carbocloro Sa | 1.31% |
| 30 | SLVM | Sylvamo Corp | 1.30% |

Source: etf.net, https://etf.net/etf/BRF. Please cite the page URL.