BRF vs. EWZS
Compare and contrast key facts about VanEck Vectors Brazil Small-Cap ETF (BRF) and iShares MSCI Brazil Small-Cap ETF (EWZS).
BRF and EWZS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRF is a passively managed fund by VanEck that tracks the performance of the MVIS Brazil Small-Cap Index. It was launched on May 12, 2009. EWZS is a passively managed fund by iShares that tracks the performance of the MSCI Brazil Small Cap Index. It was launched on Sep 28, 2010. Both BRF and EWZS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRF or EWZS.
Key characteristics
| BRF | EWZS | |
|---|---|---|
| YTD Return | -14.71% | -13.15% |
| 1Y Return | 13.59% | 11.63% |
| 3Y Return (Ann) | -7.10% | -5.08% |
| 5Y Return (Ann) | -4.04% | -0.10% |
| 10Y Return (Ann) | -3.10% | -0.89% |
| Sharpe Ratio | 0.47 | 0.42 |
| Daily Std Dev | 27.76% | 25.91% |
| Max Drawdown | -81.72% | -79.26% |
| Current Drawdown | -57.25% | -38.48% |
Correlation
The correlation between BRF and EWZS is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BRF vs. EWZS - Performance Comparison
In the year-to-date period, BRF achieves a -14.71% return, which is significantly lower than EWZS's -13.15% return. Over the past 10 years, BRF has underperformed EWZS with an annualized return of -3.10%, while EWZS has yielded a comparatively higher -0.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BRF vs. EWZS - Expense Ratio Comparison
BRF has a 0.60% expense ratio, which is higher than EWZS's 0.59% expense ratio.
Risk-Adjusted Performance
BRF vs. EWZS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Brazil Small-Cap ETF (BRF) and iShares MSCI Brazil Small-Cap ETF (EWZS). 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.
Dividends
BRF vs. EWZS - Dividend Comparison
BRF's dividend yield for the trailing twelve months is around 5.88%, more than EWZS's 3.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRF VanEck Vectors Brazil Small-Cap ETF | 5.88% | 5.02% | 4.13% | 2.96% | 1.66% | 2.54% | 2.89% | 4.53% | 4.25% | 3.84% | 4.23% | 1.85% |
EWZS iShares MSCI Brazil Small-Cap ETF | 3.17% | 2.75% | 4.61% | 4.50% | 1.15% | 1.76% | 4.75% | 3.38% | 3.58% | 4.31% | 3.02% | 1.86% |
Drawdowns
BRF vs. EWZS - Drawdown Comparison
The maximum BRF drawdown since its inception was -81.72%, roughly equal to the maximum EWZS drawdown of -79.26%. Use the drawdown chart below to compare losses from any high point for BRF and EWZS. For additional features, visit the drawdowns tool.
Volatility
BRF vs. EWZS - Volatility Comparison
VanEck Vectors Brazil Small-Cap ETF (BRF) and iShares MSCI Brazil Small-Cap ETF (EWZS) have volatilities of 8.88% and 8.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.