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BRZUDirexion Daily MSCI Brazil Bull 2X Shares

Take a bet13y track recordRanked #274 of 774 in this goal

Seeks daily investment results that correspond to 300% of the daily performance of the MSCI Brazil 25/50 Index.

By Direxion Funds · Launched 2013

Annual Cost

1.32%

#5,369 of 5,568 · expensive

Fund Size

$97M

#2,984 of 5,568 · mid-size

Return (1Y)Goal

+39.9%

Track Record

13 years

#1,067 of 5,568 · established

Performance

Total-return NAV · USD
Growth of $10,000
$17,249+72.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Latin america

Strategy

Leveraged

Index tracked

MSCI Brazil 25/50 Index

What it actually holds

By weight

Concentration

Top 1 holdings = 50.8% of fundmoderately concentrated

iShares MSCI Brazil ETFEWZ
50.8%

Asset allocation

Stocks
63.2%
Cash
36.4%
Preferred
0.4%

By sector

Financial Services
33.4%
Energy
16.7%
Basic Materials
15.3%
Utilities
12.8%
Industrials
11.0%
Consumer Defensive
4.6%
Healthcare
2.3%
Communication
2.1%
Other
1.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
50.0%High

Year-on-year price swings

Max drawdown
-98.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.25Below average
Sortino (3Y)
0.35Moderate downside risk

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 300% of the daily performance of the MSCI Brazil 25/50 Index.
Strategy
Invests primarily in financial instruments that provide 3x daily leveraged exposure to the MSCI Brazil 25/50 Index. The Fund is designed for short-term trading and is not suitable for long-term investors due to the effects of compounding.
Inception date
April 10, 2013
Fund family
Direxion Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20