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VanEck Vectors Brazil Small-Cap ETF (BRF)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US92189F8251

CUSIP

92189F825

Issuer

VanEck

Inception Date

May 12, 2009

Region

Latin America (Brazil)

Leveraged

1x

Index Tracked

MVIS Brazil Small-Cap Index

Asset Class

Equity

Asset Class Size

Small-Cap

Asset Class Style

Blend

Expense Ratio

BRF has an expense ratio of 0.60%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

VanEck Vectors Brazil Small-Cap ETF (BRF) returned 30.41% year-to-date (YTD) and -0.90% over the past 12 months. Over the past 10 years, BRF returned 2.25% annually, underperforming the S&P 500 benchmark at 10.68%.


BRF

YTD

30.41%

1M

4.82%

6M

9.35%

1Y

-0.90%

3Y*

-2.48%

5Y*

4.44%

10Y*

2.25%

^GSPC (Benchmark)

YTD

-1.34%

1M

5.80%

6M

-2.79%

1Y

9.39%

3Y*

13.76%

5Y*

14.45%

10Y*

10.68%

*Annualized

Monthly Returns

The table below presents the monthly returns of BRF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202511.86%-4.47%8.60%7.37%4.67%30.41%
2024-7.12%0.43%2.20%-10.52%-3.75%-4.75%1.72%4.91%1.59%-7.54%-8.93%-8.97%-35.02%
202310.08%-10.77%1.09%4.37%12.88%14.58%5.25%-10.40%-4.02%-9.29%14.19%9.20%37.20%
20227.60%-2.77%16.27%-12.00%2.33%-22.86%6.04%8.62%-4.62%10.28%-11.69%-5.29%-14.38%
2021-7.23%-4.87%4.07%8.27%10.25%5.50%-9.10%-3.64%-11.48%-13.77%-3.01%6.14%-20.40%
2020-4.70%-11.71%-43.24%10.53%4.92%9.88%10.40%-4.12%-5.56%-5.02%24.71%9.53%-21.07%
201916.08%-2.19%-6.12%3.05%-1.14%10.63%3.67%-7.39%0.42%5.00%-1.67%17.63%40.66%
20187.80%-2.81%-2.44%-4.96%-14.40%-8.10%7.59%-9.75%-2.18%20.62%-0.97%1.43%-12.07%
201715.29%8.41%-0.45%2.07%-3.52%-0.36%13.20%7.19%5.10%-3.40%-2.93%5.91%54.63%
2016-8.09%5.45%22.56%9.49%-8.22%21.07%13.53%1.12%-1.51%9.91%-13.95%3.56%60.03%
2015-13.76%1.38%-11.62%10.01%-7.93%0.18%-13.50%-13.72%-12.81%9.77%-2.88%-5.89%-48.81%
2014-10.33%3.39%4.95%1.28%1.68%3.27%-5.45%10.94%-17.36%-2.71%-4.56%-10.84%-25.74%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BRF is 15, meaning it’s performing worse than 85% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BRF is 1515
Overall Rank
The Sharpe Ratio Rank of BRF is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of BRF is 1414
Sortino Ratio Rank
The Omega Ratio Rank of BRF is 1414
Omega Ratio Rank
The Calmar Ratio Rank of BRF is 1515
Calmar Ratio Rank
The Martin Ratio Rank of BRF is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for VanEck Vectors Brazil Small-Cap ETF (BRF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

VanEck Vectors Brazil Small-Cap ETF Sharpe ratios as of May 25, 2025 (values are recalculated daily):

  • 1-Year: -0.03
  • 5-Year: 0.13
  • 10-Year: 0.07
  • All Time: 0.02

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of VanEck Vectors Brazil Small-Cap ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

VanEck Vectors Brazil Small-Cap ETF provided a 3.12% dividend yield over the last twelve months, with an annual payout of $0.45 per share.


2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.45$0.45$0.88$0.56$0.49$0.35$0.70$0.58$1.06$0.68$0.40$0.89

Dividend yield

3.12%4.07%5.01%4.13%2.97%1.66%2.54%2.89%4.53%4.25%3.84%4.23%

Monthly Dividends

The table displays the monthly dividend distributions for VanEck Vectors Brazil Small-Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.45$0.45
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.88$0.88
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.56$0.56
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.49$0.49
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.35$0.35
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70$0.70
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.58$0.58
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.06$1.06
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.68$0.68
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.40$0.40
2014$0.89$0.89

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the VanEck Vectors Brazil Small-Cap 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 VanEck Vectors Brazil Small-Cap ETF was 81.72%, occurring on Jan 21, 2016. The portfolio has not yet recovered.

The current VanEck Vectors Brazil Small-Cap ETF drawdown is 57.53%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.72%Apr 25, 20111194Jan 21, 2016
-24.81%Jan 12, 201090May 20, 201061Aug 17, 2010151
-15.43%Nov 5, 201067Feb 10, 201149Apr 21, 2011116
-12.47%Oct 16, 20099Oct 28, 20098Nov 9, 200917
-10.76%Jun 12, 20097Jun 22, 200916Jul 15, 200923
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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