Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 1301 Avenue of the Americas, 28th Floor New York NY United States of America 10019
- IPO Date
- Apr 10, 2013
- CIK
- 0001424958
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the performance of the MSCI Brazil 25/50 Index, a market-cap-weighted benchmark tracking large- and mid-cap segments of the Brazilian equity market covering approximately 85% of the free float-adjusted market capitalization of Brazilian issuers. The fund invests at least 80% of its net assets in financial instruments such as swap agreements, securities of the index, futures, and exchange-traded funds that provide leveraged exposure to Brazilian equities across diversified sectors including financials (38.80%), energy (14.43%), materials (12.17%), utilities (11.84%), industrials (9.98%), and consumer staples (6.73%), with top holdings like Nu Holdings Class A (10.72%), Itau Unibanco Holding Preferred (8.84%), and Vale SA (8.47%); it offers quarterly income distributions, with recent payouts including $0.76952 on July 1, 2025, $0.03140 on April 1, 2025, and $1.49242 on December 31, 2024. Launched on April 10, 2013, and domiciled in the United States with primary operations through Direxion Shares ETF Trust and management by Rafferty Asset Management, LLC, headquartered at 1301 Avenue of the Americas, 28th Floor, New York, NY, BRZU targets sophisticated investors seeking amplified daily returns from Brazilian market exposure and trades on the NYSE Arca exchange with a net expense ratio of 1.22%. In 2025, Direxion, the fund's issuer, expanded its single-stock leveraged and inverse ETF lineup through multiple launches including products tied to Ford (July 22), Cisco and Qualcomm (June 25), Boeing and Exxon Mobil (April 23), Eli Lilly and Palo Alto Networks (March 26), and AMD (February 12); appointed Mo Sparks as Chief Product Officer (April 1); announced closures of OOTO and CLDL ETFs (June 27); and scheduled 2025 ETF distributions alongside index changes for other funds like NUGT and DUST (July 24). The fund maintains stable operations without reported reorganizations, reverse splits, or funding events specific to BRZU in the last two years, focusing on daily leveraged performance amid ongoing Brazilian market volatility.