BRZUDirexion Daily MSCI Brazil Bull 2X Shares
BRZU Fund Description
BRZU provides 2x daily leveraged exposure to a market-cap-weighted index of large- and midcap Brazilian companies.
BRZU Factset Analytics Insight
As a levered product, BRZU is not a buy-and-hold ETF; it's a short-term tactical instrument. Like many levered funds, it delivers 2x exposure only for one day. Over longer periods, returns can vary significantly from 2x exposure to its underlying index. Reflective of the Brazilian economy, BRZU is a big bet on financials, which dominate the index. The trading costs for such a tactical tool should be taken into consideration. Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.
BRZU Charts And Performance
BRZU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BRZU. BRZU is rated a N/A out of 5.