Direxion Daily Brazil Bull 2X SharesDirexion Daily Brazil Bull 2X SharesDirexion Daily Brazil Bull 2X Shares

Direxion Daily Brazil Bull 2X Shares

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Key stats

Assets under management (AUM)
‪98.22 M‬USD
Fund flows (1Y)
‪−48.49 M‬USD
Dividend yield (indicated)
4.49%
Discount/Premium to NAV
0.4%

About Direxion Daily Brazil Bull 2X Shares

Issuer
Rafferty Asset Management LLC
Brand
Direxion
Expense ratio
1.24%
Inception date
Apr 10, 2013
Index tracked
MSCI Brazil 25-50
Management style
Passive
BRZU, as a levered product, is not a buy-and-hold ETF, it's a short-term tactical instrument. The fund invests in large- and mid-cap companies in Brazil. 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, so it should not be expected to provide index leverage return greater than a one-day period. Prior to March 31, 2020, the fund provided 3x daily exposure to the same index.

Classification

Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 1, 2024
Exposure type
Bonds, Cash & Other
Cash
ETF
Bonds, Cash & Other100.00%
Cash51.78%
ETF48.22%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows