BRAZ

Brazil Active ETF
Active

Reasons to Consider BRAZ

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Long-Term Growth Potential

Brazil boasts multiple potential drivers of growth including commodities, domestic consumption, and fintech. Ongoing reforms regarding Central Bank, taxes, and social security, support rating agency upgrades.

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Experienced Portfolio Managers

BRAZ’s portfolio managers have extensive experience implementing active strategies in Brazil, making them equipped to navigate the vast but nuanced potential of Brazilian equities.

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Active Management with ETF Efficiency

BRAZ delivers access to experienced stock picking and portfolio management across a range of sectors.

Key Information

As of Jul 03 2025
Inception Date
08/16/23
Total Expense Ratio
0.75%
Net Assets
$4.90 million
NAV
$24.51
Fact Sheet

ETF Summary

The Global X Brazil Active ETF (BRAZ) is an actively managed ETF designed to offer investors direct exposure to the Brazilian Economy. BRAZ screens for companies with quality business models and management teams across Brazil, focusing on domestic-driven growth over a 4-5 year investing horizon.

ETF Objective

The Global X Brazil Active ETF (BRAZ) seeks to achieve long-term capital growth.

Trading Details

As of Jul 02 2025
Ticker
BRAZ
Bloomberg IOPV Ticker
BRAZIV
CUSIP
37960A560
ISIN
US37960A5609
Primary Exchange
NYSE Arca
Shares Outstanding
200,000
Number of Holdings
24
30-Day Median Bid-Ask Spread
0.41%

Distributions

As of Jul 03 2025
30-Day SEC Yield
1.31%
Distribution Frequency
Semi-Annually

ETF Prices

As of Jul 03 2025
NAV$24.51Daily Change$0.331.36%
Market Price$24.64Daily Change$0.230.94%

Performance History

As of recent month & quarter-end (Jun 30 2025)

Fund NAVMarket PriceBenchmark
1 Year7.48%8.26%11.63%
Since Inception1.88%2.47%4.15%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings

As of Jul 03 2025
Net Assets (%)TickerNameSEDOLMarket Price ($)Shares HeldMarket Value ($)
12.83PBRPETROBRAS SA-ADR261658013.0655,372723,158.32
11.16NUNU HOLDINGS LT-ABN6NP1913.6046,264629,190.40
10.82ITUBITAU UNIBANC-ADR28497396.9288,161610,074.12
5.79VALEVALE SA-SP ADR285733410.2231,953326,559.66
5.31BBDBANCO BRADESCO-ADRB00FSK03.1096,626299,540.60
4.84CASH1.00272,562272,562.20
4.76BPAC11 BZBANCO BTG PACTUAL SA-UNITBZBZVC77.8234,300268,134.65
4.70ITSA4 BZItausa SA24587712.05129,133265,136.64
4.29WEGE3 BZWEG SA29454227.8930,600241,529.09
3.72EBRELETROBRAS-ADR21868127.5827,664209,693.12

Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure

As of Jun 30 2025
SectorWeight (%)
Financials37.9
Energy16.0
Materials13.3
Industrials9.7
Utilities9.4
Consumer Discretionary6.6
Consumer Staples4.7
Information Technology2.4

Source: AltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics

As of Jul 03 2025
Return on Equity15.40%
Weighted Avg. Market Cap25,259 M
20242025
Price-to-earnings10.628.83
Price-to-book value1.441.29

ETF Risk Stats

As of Jun 30 2025
VERSUSBETA
S&P 5000.48
NASDAQ-1000.29
MSCI EAFE0.91
MSCI Emg. Mkts1.14
Standard Deviation23.30%

ETF Research

Views From the Ground: Why Brazil and Why BRAZ? 2025

Five for Five: Five International ETFs and Top Themes Within Them

Why Brazil? Why BRAZ?

ETF Documents

Prospectus & Regulatory Information

* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.