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BRF vs BRZX

VanEck Brazil Small-Cap ETF

BRFCNYSE Arca

Corgi Brazil 2x Daily ETF

BRZXCCboe

Overlap

0.0%by weight

Expense ratio

BRZX −0.15pt a year

BRF0.60%BRZX0.45%

Avg volume · 30D

BRF 33.0×the volume

BRF10.1KBRZX307

BRF vs BRZX Performance

Jul 31, 2026 – Oct 30, 2026

−20.2%BRF−30.3%BRZX

Jul 31, 2026 to Oct 30, 2026. BRF −20.2%. BRZX −30.3%. Use the arrow keys to read each point.−10%0%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
BRF 0.60%
BRZX 0.45%, better
Fund size
BRF $18M
BRZX $0
1Y total return
BRF −16.1%
BRZX No data
Yield (12M)
BRF 6.86%
BRZX No data
Holdings
BRF 92
BRZX 1
Avg volume (30D)
BRF 10.1K sh, better
BRZX 307 sh
NAV per share
BRF $13.03
BRZX $18.18
52W range

ETF.net Grade

BRF: Cost 37, Risk 34, Mission 93, Tradability 36, Holdings 75, Durability 51. BRZX: Cost 78, Risk 25, Mission not scored, Tradability 10, Holdings not scored, Durability 8.
Pillar letters and Scores for BRF, BRZX, with each pillar’s weight
PillarBRFBRZX
Cost30% weightD37A78Higher
Mission25% weightA93Not scored
Risk15% weightD34HigherD25
Tradability15% weightD36HigherF10
Holdings10% weightA75Not scored
Durability5% weightC51HigherF8

Rank among Brazil funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BRF and BRZX are both graded against the same 7 Brazil funds, so their Grades compare head to head.

Brazil⁠

Category · 7 funds
See all 7 ›

BRF ranks 4th and BRZX 6th of 7 funds in the Brazil Category.

  1. Rank 1AFLBRFranklin FTSE Brazil ETFScore 77
  2. Rank 2AEWZiShares MSCI Brazil ETFScore 71
  3. Rank 3BEWZSiShares MSCI Brazil Small-Cap ETFScore 62
  4. Rank 4CBRFVanEck Brazil Small-Cap ETFScore 54
  5. Rank 5CBRAZGlobal X Brazil Active ETFScore 50
  6. Rank 6CBRZXCorgi Brazil 2x Daily ETFScore 40
  7. Rank 7DBRZUDirexion Daily MSCI Brazil Bull 2X ETFScore 27

Our read on each fund

ETF.net Research

BRFCVanEck Brazil Small-Cap ETF

BRZXCCorgi Brazil 2x Daily ETF

In short

BRF Brazil 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.

BRZX No data

Stated mandate

BRF The fund seeks to replicate, before fees and expenses, the price and yield performance of the MVIS Brazil Small-Cap Index.

BRZX No data

Why people hold it

  • BRF 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.

BRZX No data

Worth knowing

  • BRF 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.

BRZX No data

Full BRF profile⁠

Full BRZX profile⁠

BRF vs BRZX Holdings

How BRF and BRZX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BRF and 0.0% of BRZX.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile2.1%
  • Asset classEquity100%

Sector

No Sector split for BRZX.

Country, concentration and asset class

Country by domicile

Country weights in BRF and BRZX, widest gap first
CountryMore in BRFMore in BRZX
United StatesBRZX +97.9 points
BrazilBRF +91.5 points
AustraliaBRF +2.7 points
IsraelBRF +2.4 points
CanadaBRF +1.4 points

Outside the US: BRF 4% developed, 96% emerging.

Concentration

Weight in the 10 largest Holdings

  • BRF29.7%
  • BRZX199.0%

Securities held

  • BRF89
  • BRZX0

Asset class

BRF
Equity
BRZX
Equity

Holdings

  • Only in BRF89
  • In both0
  • Only in BRZX0

Only in BRF

89 securities, 100% of BRF by weight

  • Alupar Investimento Sa3.78%
  • Fleury Sa3.52%
  • Pagseguro Digital Ltd3.51%

Only in BRZX

0 securities, 0.0% of BRZX by weight

Weight gaps

BRF and BRZX share no securities.

All 92 BRF holdings⁠All 15 BRZX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BRF vs BRZX Cost

Overpaying BRF vs BRZX

$2,776

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

  • BRF 0.60%

    $11,817

  • BRZX 0.45%

    $9,041

$10,000
30 years

Cost over time

  • BRF 0.60%
  • BRZX 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530BRF $11,817BRZX $9,041

Year by year

YearBRFBRZXOverpaying
10$1,076$812$264
20$4,116$3,128$988
30$11,817$9,041$2,776

Expense ratio

  • 0.60%BRF
  • 0.45%BRZX, cheaper
  • Middle half of Brazil funds
  • Median 0.59%

BRZX 2nd cheapest of 7 funds

BRF 5th cheapest of 7 funds

BRF vs BRZX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BRF 6.86%
BRZX No data
Payout (12M)
BRF $0.89
BRZX None
Last payment
BRF $0.89
BRZX No data
Ex-dividend
BRF Dec 22, 2025
BRZX No data
Paid on
BRF Dec 26, 2025
BRZX No data
Frequency
BRF Annual
BRZX No data

Distribution history

Per share, 2017 to 2026, same scale for both

BRFAnnual · 10 paymentsAll BRF payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Dec 18, 2017 $1.06; Dec 20, 2018 $0.51; Dec 27, 2018 $0.07; Dec 23, 2019 $0.70; Dec 21, 2020 $0.35; Dec 20, 2021 $0.49; Dec 19, 2022 $0.56; Dec 18, 2023 $0.88; Dec 23, 2024 $0.45; Dec 22, 2025 $0.89. Use the arrow keys to read each point.$0$12017202020232026YTD
BRZXAll BRZX payments⁠

No distribution history available.

BRF vs BRZX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BRF 27.7%BRZX No data
Return per unit of riskSharpe ratio, 3 years
BRF −0.01BRZX No data
Worst fallMax drawdown, 5 years
BRF −41.5%BRZX No data
Market sensitivityBeta, 5 years
BRF 1.30BRZX −4.28

BRF and BRZX in the news

All news⁠

Popular comparisons

  • BRFCvsFLBRA

    VanEck Brazil Small-Cap ETF · Franklin FTSE Brazil ETF

    Expense ratio
    0.60% · 0.19%
    Category
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  • BRZXCvsFLBRA

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  • BRZXCvsEWZA

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    Category
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  • BRZXCvsEWZSB

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    Category
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