Skip to content
Beacon
Screener

EWZ vs BRZU

iShares MSCI Brazil ETF vs Direxion Daily MSCI Brazil Bull 2X Shares

EWZ

iShares MSCI Brazil ETF

Annual cost

0.59%

Fund size

$10.2B

BRZU

Direxion Daily MSCI Brazil Bull 2X Shares

Annual cost

1.32%

Fund size

$97M

Key differences

Both EWZ and BRZU are equity ETFs. EWZ charges 0.59% a year and BRZU 1.32%. The main difference: EWZ follows a index tracking strategy; BRZU uses leveraged.

  • EWZ follows a index tracking strategy; BRZU uses leveraged.
  • EWZ covers Latin America; BRZU covers emerging markets.
  • EWZ costs 0.73% less per year.
  • EWZ is much larger than BRZU. Larger funds are usually more liquid and less likely to close.
  • EWZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EWZBRZU
Annual cost (TER)0.59%1.32%
Fund size (AUM)$10.2B$97M
Since20002013
Dividend yield4.59%2.21%
Asset classequityequity
Regionlatin americaemerging markets
Strategyindex trackingleveraged
CAGR 1Y+30.7%+51.0%
CAGR 3Y+12.6%+12.4%
CAGR 5Y+5.4%-2.2%
Sharpe 3Y0.470.41
Volatility 1Y25.06%49.79%
Max drawdown-56.99%-98.11%

Similar to EWZ and BRZU