BRAZ vs. VTI

Last updated Jun 24, 2026

BRAZ (Global X Brazil Active ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - BRAZ is a Latin America Equities fund tracking the Solactive Brazil Mid Cap Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past year, BRAZ returned 27.27% vs 24.22% for VTI. At a 0.48 correlation, their price movements are largely independent. BRAZ charges 0.75%/yr vs 0.03%/yr for VTI.

Performance

BRAZ vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Brazil Active ETF (BRAZ) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRAZ achieves a 6.90% return, which is significantly lower than VTI's 8.82% return.

BRAZ

• 1D: -0.63%
• 1M: -5.05%
• YTD: 6.90%
• 6M: 7.88%
• 1Y: 27.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTI

• 1D: -1.39%
• 1M: -0.84%
• YTD: 8.82%
• 6M: 7.71%
• 1Y: 24.22%
• 3Y*: 20.62%
• 5Y*: 11.90%
• 10Y*: 15.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRAZ vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BRAZ Global X Brazil Active ETF	6.90%	45.42%	-29.74%	17.80%
VTI Vanguard Total Stock Market ETF	8.82%	17.10%	23.81%	10.31%

Correlation

The correlation between BRAZ and VTI is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Aug 18, 2023	0.48

The correlation between BRAZ and VTI has been stable across timeframes, ranging from 0.48 to 0.53 - a consistent structural relationship.

BRAZ vs. VTI - Sectors Allocation Comparison

Sectors	BRAZ	VTI
Financial Services	34.4%	11.3%
Energy	18.3%	3.3%
Basic Materials	14.0%	1.9%
Industrials	11.6%	9.4%
Utilities	10.2%	2.1%
Consumer Cyclical	3.8%	9.7%
Real Estate	2.9%	2.3%
Healthcare	2.5%	9.0%
Consumer Defensive	1.4%	4.3%
Technology	1.0%	37.0%
Communication Services	-	9.8%

Return for Risk

BRAZ vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRAZ

BRAZ Risk / Return Rank: 31
BRAZ Sharpe Ratio Rank: 33
BRAZ Sortino Ratio Rank: 31
BRAZ Omega Ratio Rank: 31
BRAZ Calmar Ratio Rank: 29
BRAZ Martin Ratio Rank: 31

VTI

VTI Risk / Return Rank: 59
VTI Sharpe Ratio Rank: 58
VTI Sortino Ratio Rank: 56
VTI Omega Ratio Rank: 57
VTI Calmar Ratio Rank: 57
VTI Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRAZ vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Brazil Active ETF (BRAZ) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRAZ	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.12	1.90	-0.78
Sortino ratio: Return per unit of downside risk	1.59	2.59	-1.00
Omega ratio: Gain probability vs. loss probability	1.20	1.34	-0.14
Calmar ratio: Return relative to maximum drawdown	1.39	2.73	-1.33
Martin ratio: Return relative to average drawdown	4.16	12.14	-7.98

BRAZ vs. VTI - Sharpe Ratio Comparison

The current BRAZ Sharpe Ratio is 1.12, which is lower than the VTI Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of BRAZ and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRAZ vs. VTI - Drawdown Comparison

The maximum BRAZ drawdown since its inception was -31.02%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for BRAZ and VTI.

Drawdown Indicators

	BRAZ	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-31.02%	-55.45%	+24.43%
Max Drawdown (1Y) Largest decline over 1 year	-19.65%	-8.92%	-10.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-17.70%	-2.85%	-14.85%
Average Drawdown Average peak-to-trough decline	-11.35%	-8.01%	-3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.56%	2.00%	+4.56%

Volatility

BRAZ vs. VTI - Volatility Comparison

Global X Brazil Active ETF (BRAZ) has a higher volatility of 5.48% compared to Vanguard Total Stock Market ETF (VTI) at 4.95%. This indicates that BRAZ's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRAZ	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.48%	4.95%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	19.05%	10.05%	+9.00%
Volatility (1Y) Calculated over the trailing 1-year period	24.36%	12.83%	+11.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.52%	17.51%	+6.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.52%	18.32%	+5.20%

BRAZ vs. VTI - Expense Ratio Comparison

BRAZ has a 0.75% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

BRAZ vs. VTI - Dividend Comparison

BRAZ's dividend yield for the trailing twelve months is around 3.19%, more than VTI's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRAZ Global X Brazil Active ETF	3.19%	3.41%	4.16%	1.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.04%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BRAZ and VTI in my portfolio?

BRAZ and VTI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRAZ or VTI?

BRAZ has higher volatility (5.48%) compared to VTI (4.95%). In terms of maximum drawdown, BRAZ dropped -31.02% vs VTI's -55.45%.

Which ETF is better, BRAZ or VTI?

On 1-year performance, BRAZ leads with 27.27% vs 24.22% for VTI. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 4.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRAZ or VTI?

Over the 1-year period, BRAZ has performed better with a 27.27% return vs 24.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRAZ or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.75% for BRAZ.

Which ETF pays a higher dividend yield, BRAZ or VTI?

BRAZ has the higher dividend yield at 3.19%, compared with 1.04% for VTI.

What is the main difference between BRAZ and VTI?

BRAZ is categorized as Latin America Equities, while VTI is Large Cap Blend Equities. BRAZ tracks Solactive Brazil Mid Cap Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.75% for BRAZ and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.90 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.