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BRZX vs EWZ

Corgi Brazil 2x Daily ETF

BRZXCCboe

iShares MSCI Brazil ETF

EWZANYSE Arca

Overlap

Expense ratio

BRZX −0.14pt a year

BRZX0.45%EWZ0.59%

Avg volume · 30D

EWZ 111682.3×the volume

BRZX307EWZ34.3M

BRZX vs EWZ Performance

Jul 31, 2026 – Oct 30, 2026

−30.3%BRZX−11.4%EWZ

Jul 31, 2026 to Oct 30, 2026. BRZX −30.3%. EWZ −11.4%. Use the arrow keys to read each point.−20%0%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
BRZX 0.45%, better
EWZ 0.59%
Fund size
BRZX $0
EWZ $9.63B
1Y total return
BRZX No data
EWZ +8.9%
Yield (12M)
BRZX No data
EWZ 4.51%
Holdings
BRZX 1
EWZ 49
Avg volume (30D)
BRZX 307 sh
EWZ 34.3M sh, better
NAV per share
BRZX $18.18
EWZ $32.46
52W range

ETF.net Grade

BRZX: Cost 78, Risk 25, Mission not scored, Tradability 10, Holdings not scored, Durability 8. EWZ: Cost 56, Risk 63, Mission 93, Tradability 86, Holdings 51, Durability 83.
Pillar letters and Scores for BRZX, EWZ, with each pillar’s weight
PillarBRZXEWZ
Cost30% weightA78HigherB56
Mission25% weightNot scoredA93
Risk15% weightD25B63Higher
Tradability15% weightF10A86Higher
Holdings10% weightNot scoredC51
Durability5% weightF8A83Higher

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

Brazil⁠

Category · 7 funds
See all 7 ›

EWZ ranks 2nd 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 5CBRAZGlobal X Brazil Active ETFScore 50
  5. Rank 6CBRZXCorgi Brazil 2x Daily ETFScore 40
  6. Rank 7DBRZUDirexion Daily MSCI Brazil Bull 2X ETFScore 27

Our read on each fund

ETF.net Research

BRZXCCorgi Brazil 2x Daily ETF

EWZAiShares MSCI Brazil ETF

In short

BRZX No data

EWZ The Brazil trade in one ticker, running since 2000: about 50 of the country's biggest listed names, with index caps so no single giant swallows the fund. Large, heavily traded, and priced right at what Brazil funds typically charge.

Stated mandate

BRZX No data

EWZ The fund seeks to track an index of Brazilian equities and provides targeted exposure to companies in Brazil.

Why people hold it

BRZX No data

  • EWZ Has been running Brazil exposure since 2000 and hugs its MSCI Brazil 25/50 index closely, one of the stronger implementations in the Brazil group.
  • A multi-billion-dollar fund and one of the most actively traded in its category, so size and spread are rarely the hard part of the trade.
  • The index's 25/50 capping rules trim the largest weights, keeping a couple of Brazilian mega caps from quietly becoming the whole portfolio.ishares.com
  • 0.59% a year, a touch under the typical Brazil fund's fee, with distributions paid quarterly.

Worth knowing

BRZX No data

  • EWZ Cheaper Brazil beta exists: FLBR charges 0.19% against 0.59% here. The extra fee buys the deeper, busier market, not extra exposure.
  • About 50 large Brazilian companies, one country, one policy cycle. Concentration is the point, and it cuts both ways.
  • Brazilian shares, dollar-denominated fund: moves in the real feed into results on top of the market's own swings.

Full BRZX profile⁠

Full EWZ profile⁠

BRZX vs EWZ 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.

BRZX vs EWZ Cost

Overpaying EWZ vs BRZX

$2,594

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

  • BRZX 0.45%

    $9,041

  • EWZ 0.59%

    $11,635

$10,000
30 years

Cost over time

  • BRZX 0.45%
  • EWZ 0.59%
  • 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$12.5K051015202530EWZ $11,635BRZX $9,041

Year by year

YearBRZXEWZOverpaying
10$812$1,058$246
20$3,128$4,051$923
30$9,041$11,635$2,594

Expense ratio

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

BRZX 2nd cheapest of 7 funds

EWZ 3rd cheapest of 7 funds

BRZX vs EWZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BRZX No data
EWZ 4.51%
Payout (12M)
BRZX None
EWZ $1.46
Last payment
BRZX No data
EWZ $0.33
Ex-dividend
BRZX No data
EWZ Jun 15, 2026
Paid on
BRZX No data
EWZ Jun 18, 2026
Frequency
BRZX No data
EWZ Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

BRZXAll BRZX payments⁠

No distribution history available.

EWZTwice a year · 23 paymentsAll EWZ payments⁠
One bar per payment. 23 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.28; Dec 19, 2017 $0.37; Dec 28, 2017 $0.05; Jun 19, 2018 $0.53; Dec 18, 2018 $0.57; Jun 17, 2019 $0.53; Dec 16, 2019 $0.58; Dec 30, 2019 $0.10; Jun 15, 2020 $0.36; Dec 14, 2020 $0.28; Jun 10, 2021 $0.63; Dec 13, 2021 $1.98; Dec 30, 2021 $0.16; Jun 9, 2022 $1.50; Dec 13, 2022 $2.02; Jun 7, 2023 $0.76; Dec 20, 2023 $1.22; Jun 11, 2024 $0.91; Dec 17, 2024 $1.09; Jun 16, 2025 $0.52; Dec 16, 2025 $1.03; Dec 30, 2025 $0.11; Jun 15, 2026 $0.33. Use the arrow keys to read each point.$0$22017202020232026YTD

BRZX vs EWZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BRZX No dataEWZ 24.5%
Return per unit of riskSharpe ratio, 3 years
BRZX No dataEWZ 0.29
Worst fallMax drawdown, 5 years
BRZX No dataEWZ −32.2%
Market sensitivityBeta, 5 years
BRZX −4.28EWZ 0.92

BRZX and EWZ in the news

All news⁠

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