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BRZX vs EWZS

Corgi Brazil 2x Daily ETF

BRZXCCboe

iShares MSCI Brazil Small-Cap ETF

EWZSBNasdaq

Overlap

Expense ratio

BRZX −0.14pt a year

BRZX0.45%EWZS0.59%

Avg volume · 30D

EWZS 3489.0×the volume

BRZX307EWZS1.07M

BRZX vs EWZS Performance

Jul 31, 2026 – Oct 30, 2026

−30.3%BRZX−20.2%EWZS

Jul 31, 2026 to Oct 30, 2026. BRZX −30.3%. EWZS −20.2%. Use the arrow keys to read each point.−10%0%10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
BRZX 0.45%, better
EWZS 0.59%
Fund size
BRZX $0
EWZS $320M
1Y total return
BRZX No data
EWZS −20.2%
Yield (12M)
BRZX No data
EWZS 4.85%
Holdings
BRZX 1
EWZS 72
Avg volume (30D)
BRZX 307 sh
EWZS 1.07M sh, better
NAV per share
BRZX $18.18
EWZS $10.54
52W range

ETF.net Grade

BRZX: Cost 78, Risk 25, Mission not scored, Tradability 10, Holdings not scored, Durability 8. EWZS: Cost 56, Risk 29, Mission 93, Tradability 56, Holdings 64, Durability 70.
Pillar letters and Scores for BRZX, EWZS, with each pillar’s weight
PillarBRZXEWZS
Cost30% weightA78HigherB56
Mission25% weightNot scoredA93
Risk15% weightD25D29Higher
Tradability15% weightF10B56Higher
Holdings10% weightNot scoredB64
Durability5% weightF8A70Higher

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

Brazil⁠

Category · 7 funds
See all 7 ›

EWZS ranks 3rd 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

BRZXCCorgi Brazil 2x Daily ETF

EWZSBiShares MSCI Brazil Small-Cap ETF

In short

BRZX No data

EWZS Brazil past the blue chips. EWZS tracks the MSCI Brazil Small Cap Index, a compact basket of roughly 70 smaller Brazilian companies that the country's large-cap benchmarks are built to exclude.

Stated mandate

BRZX No data

EWZS The fund seeks to track an index of small-cap Brazilian equities.

Why people hold it

BRZX No data

  • EWZS One job, done tightly: it follows the MSCI Brazil Small Cap Index and has hugged it closely, with no active drift or style creep.
  • The 0.59% expense ratio sits at the middle of the Brazil ETF pack, and it's the same fee iShares charges on its large-cap Brazil fund (EWZ) for an easier slice.
  • Running since 2010, one of the longest-lived ways to own Brazilian small caps in a US wrapper, and it distributes quarterly.
  • Lands in the upper half of the small group of Brazil ETFs we cover, ahead of the other dedicated small-cap option (BRF).

Worth knowing

BRZX No data

  • EWZS Single-country small caps are a rough ride: Brazilian equity swings and real-versus-dollar currency moves both land in the same share price.
  • Smaller and less heavily traded than the flagship Brazil funds, so spreads can run wider, especially outside Brazilian market hours.
  • Cheaper Brazil exposure exists (FLBR at 0.19%), but it's the large-cap market, not this small-cap slice.

Full BRZX profile⁠

Full EWZS profile⁠

BRZX vs EWZS 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 EWZS Cost

Overpaying EWZS vs BRZX

$2,594

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

  • BRZX 0.45%

    $9,041

  • EWZS 0.59%

    $11,635

$10,000
30 years

Cost over time

  • BRZX 0.45%
  • EWZS 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$12.5K051015202530EWZS $11,635BRZX $9,041

Year by year

YearBRZXEWZSOverpaying
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%EWZS
  • Middle half of Brazil funds
  • Median 0.59%

BRZX 2nd cheapest of 7 funds

EWZS 3rd cheapest of 7 funds

BRZX vs EWZS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BRZX No data
EWZS 4.85%
Payout (12M)
BRZX None
EWZS $0.51
Last payment
BRZX No data
EWZS $0.14
Ex-dividend
BRZX No data
EWZS Jun 15, 2026
Paid on
BRZX No data
EWZS Jun 18, 2026
Frequency
BRZX No data
EWZS Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

BRZXAll BRZX payments⁠

No distribution history available.

EWZSTwice a year · 24 paymentsAll EWZS payments⁠
One bar per payment. 24 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.17; Dec 19, 2017 $0.37; Dec 28, 2017 $0.02; Jun 19, 2018 $0.32; Dec 18, 2018 $0.31; Dec 28, 2018 $0.06; Jun 17, 2019 $0.23; Dec 16, 2019 $0.15; Jun 15, 2020 $0.08; Dec 14, 2020 $0.08; Dec 30, 2020 $0.04; Jun 10, 2021 $0.24; Dec 13, 2021 $0.34; Dec 30, 2021 $0.03; Jun 9, 2022 $0.22; Dec 13, 2022 $0.32; Jun 7, 2023 $0.17; Dec 20, 2023 $0.25; Jun 11, 2024 $0.21; Dec 17, 2024 $0.24; Jun 16, 2025 $0.13; Dec 16, 2025 $0.28; Dec 30, 2025 $0.09; Jun 15, 2026 $0.14. Use the arrow keys to read each point.$0$0.252017202020232026YTD

BRZX vs EWZS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BRZX No dataEWZS 28.8%
Return per unit of riskSharpe ratio, 3 years
BRZX No dataEWZS −0.08
Worst fallMax drawdown, 5 years
BRZX No dataEWZS −42.6%
Market sensitivityBeta, 5 years
BRZX −4.28EWZS 1.28

BRZX and EWZS in the news

All news⁠

Popular comparisons

  • BRZXCvsFLBRA

    Corgi Brazil 2x Daily ETF · Franklin FTSE Brazil ETF

    Expense ratio
    0.45% · 0.19%
    Category
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  • EWZSBvsFLBRA

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    Expense ratio
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  • EWZSBvsEWZA

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    Expense ratio
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    Category
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    Category
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    Category
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