Global X Brazil Active ETF (BRAZ)
BRAZ is a passive ETF by Global X tracking the investment results of the Solactive Brazil Mid Cap Index. BRAZ launched on Aug 16, 2023 and has a 0.75% expense ratio.
ETF Info
US37950E7884
Aug 16, 2023
Latin America (Brazil)
1x
Solactive Brazil Mid Cap Index
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Global X Brazil Active ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Global X Brazil Active ETF had a return of -19.74% year-to-date (YTD) and -14.87% in the last 12 months.
BRAZ
-19.74%
-4.49%
-8.58%
-14.87%
N/A
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of BRAZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.35% | 0.39% | -0.32% | -5.44% | -4.29% | -3.01% | 1.99% | 5.98% | -1.57% | -5.52% | -19.74% | ||
| 2023 | 2.31% | -1.39% | -2.56% | 13.34% | 5.51% | 17.56% |
Expense Ratio
BRAZ features an expense ratio of 0.75%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BRAZ is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X Brazil Active ETF (BRAZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Global X Brazil Active ETF provided a 3.99% dividend yield over the last twelve months, with an annual payout of $0.91 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.91 | $0.54 |
Dividend yield | 3.99% | 1.88% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X Brazil Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | |
| 2023 | $0.54 | $0.54 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Global X Brazil Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X Brazil Active ETF was 20.41%, occurring on Nov 21, 2024. The portfolio has not yet recovered.
The current Global X Brazil Active ETF drawdown is 20.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.41% | Dec 28, 2023 | 226 | Nov 21, 2024 | — | — | — |
| -10.48% | Sep 15, 2023 | 13 | Oct 3, 2023 | 21 | Nov 10, 2023 | 34 |
| -5.7% | Aug 30, 2023 | 6 | Sep 7, 2023 | 5 | Sep 14, 2023 | 11 |
| -2.81% | Dec 4, 2023 | 7 | Dec 12, 2023 | 1 | Dec 13, 2023 | 8 |
| -2.14% | Aug 24, 2023 | 2 | Aug 25, 2023 | 2 | Aug 29, 2023 | 4 |
Volatility
Volatility Chart
The current Global X Brazil Active ETF volatility is 5.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.