BRF vs. VXUS

Last updated Aug 2, 2026

BRF (VanEck Vectors Brazil Small-Cap ETF) and VXUS (Vanguard Total International Stock ETF) are both exchange-traded funds - BRF is a Latin America Equities fund tracking the MVIS Brazil Small-Cap Index, while VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index. Both are passively managed. Over the past 10 years, BRF returned 3.54%/yr vs 9.44%/yr for VXUS. Their 0.59 correlation means they have sometimes moved together and sometimes differently. BRF charges 0.60%/yr vs 0.05%/yr for VXUS.

Performance

BRF vs. VXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Brazil Small-Cap ETF (BRF) and Vanguard Total International Stock ETF (VXUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRF achieves a 1.34% return, which is significantly lower than VXUS's 12.75% return. Over the past 10 years, BRF has underperformed VXUS with an annualized return of 3.54%, while VXUS has yielded a comparatively higher 9.44% annualized return.

BRF

• 1D: -0.43%
• 1M: -0.31%
• 6M: -12.16%
• YTD: 1.34%
• 1Y: 20.04%
• 3Y*: -0.14%
• 5Y*: -2.02%
• 10Y*: 3.54%
• ALL TIME*: 1.74%

VXUS

• 1D: -0.21%
• 1M: -0.29%
• 6M: 6.78%
• YTD: 12.75%
• 1Y: 27.56%
• 3Y*: 17.23%
• 5Y*: 8.78%
• 10Y*: 9.44%
• ALL TIME*: 6.55%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRF VanEck Vectors Brazil Small-Cap ETF	$47.50K	$48.62K	$103.93K
VXUS Vanguard Total International Stock ETF	$362.62M	$406.11M	$507.75M

BRF vs. VXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRF VanEck Vectors Brazil Small-Cap ETF	1.34%	54.17%	-35.02%	37.21%	-14.38%	-20.40%	-21.07%	40.66%	-12.07%	54.63%
VXUS Vanguard Total International Stock ETF	12.75%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	21.75%	-14.43%	27.46%

Correlation

The correlation between BRF and VXUS is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.53
Correlation (10Y) Provides a long-term view across more market conditions.	0.54
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011	0.59

The correlation between BRF and VXUS shifts across timeframes, from 0.53 (5 years) to 0.64 (1 year), reflecting how their relationship changes across market environments.

BRF vs. VXUS - Sectors Allocation Comparison

Sectors	BRF	VXUS
Consumer Cyclical	16.3%	6.8%
Real Estate	15.1%	1.7%
Basic Materials	13.7%	6.6%
Industrials	12.6%	14.5%
Utilities	9.6%	2.9%
Financial Services	9.2%	23.2%
Consumer Defensive	8.8%	4.8%
Healthcare	6.2%	6.8%
Energy	4.9%	4.2%
Technology	3.5%	23.7%
Communication Services	-	3.8%

Return for Risk

BRF vs. VXUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BRF

BRF Risk / Return Rank: 31
BRF Sharpe Ratio Rank: 31
BRF Sortino Ratio Rank: 31
BRF Omega Ratio Rank: 31
BRF Calmar Ratio Rank: 32
BRF Martin Ratio Rank: 29

VXUS

VXUS Risk / Return Rank: 71
VXUS Sharpe Ratio Rank: 72
VXUS Sortino Ratio Rank: 69
VXUS Omega Ratio Rank: 72
VXUS Calmar Ratio Rank: 71
VXUS Martin Ratio Rank: 72

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BRF vs. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Brazil Small-Cap ETF (BRF) and Vanguard Total International Stock ETF (VXUS). 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.

	BRF	VXUS	Difference
Sharpe ratio: Return per unit of total volatility	0.76	1.62	-0.86
Sortino ratio: Return per unit of downside risk	1.19	2.24	-1.05
Omega ratio: Gain probability vs. loss probability	1.15	1.30	-0.15
Calmar ratio: Return relative to maximum drawdown	1.07	2.42	-1.34
Martin ratio: Return relative to average drawdown	2.45	8.87	-6.42

BRF vs. VXUS - Sharpe Ratio Comparison

The current BRF Sharpe Ratio is 0.76, which is lower than the VXUS Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of BRF and VXUS, 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

BRF vs. VXUS - Drawdown Comparison

The maximum BRF drawdown since its inception was -82.26%, which is greater than VXUS's maximum drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for BRF and VXUS.

Drawdown Indicators

	BRF	VXUS	Difference
Max Drawdown Largest peak-to-trough decline	-82.26%	-35.97%	-46.29%
Max Drawdown (1Y) Largest decline over 1 year	-20.51%	-11.27%	-9.24%
Max Drawdown (3Y) Largest decline over 3 years	-36.89%	-13.58%	-23.31%
Max Drawdown (5Y) Largest decline over 5 years	-43.02%	-29.44%	-13.58%
Max Drawdown (10Y) Largest decline over 10 years	-60.43%	-35.97%	-24.46%
Current Drawdown Current decline from peak	-50.60%	-2.84%	-47.76%
Average Drawdown Average peak-to-trough decline	-45.77%	-8.16%	-37.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.97%	3.07%	+5.90%

Volatility

BRF vs. VXUS - Volatility Comparison

VanEck Vectors Brazil Small-Cap ETF (BRF) has a higher volatility of 7.18% compared to Vanguard Total International Stock ETF (VXUS) at 5.29%. This indicates that BRF's price experiences larger fluctuations and is considered to be riskier than VXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRF	VXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	5.29%	+1.89%
Volatility (6M) Calculated over the trailing 6-month period	22.54%	15.06%	+7.48%
Volatility (1Y) Calculated over the trailing 1-year period	29.04%	16.86%	+12.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.50%	16.35%	+15.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.82%	17.03%	+16.79%

BRF vs. VXUS - Expense Ratio Comparison

BRF has a 0.60% expense ratio, which is higher than VXUS's 0.05% expense ratio.

Dividends

BRF vs. VXUS - Dividend Comparison

BRF's dividend yield for the trailing twelve months is around 5.47%, more than VXUS's 2.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRF VanEck Vectors Brazil Small-Cap ETF	5.47%	5.54%	4.08%	5.02%	4.13%	2.96%	1.66%	2.54%	2.89%	4.53%	4.25%	3.84%
VXUS Vanguard Total International Stock ETF	2.59%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both BRF and VXUS in my portfolio?

BRF and VXUS have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRF or VXUS?

BRF has higher volatility (7.18%) compared to VXUS (5.29%). In terms of maximum drawdown, BRF dropped -82.26% vs VXUS's -35.97%.

Which ETF is better, BRF or VXUS?

On 10-year performance, VXUS leads with 9.44% vs 3.54% for BRF. On fees, VXUS is cheaper at 0.05% per year. On volatility, VXUS has been the lower-risk option at 5.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRF or VXUS?

Over the 10-year period, VXUS has performed better with a 9.44% return vs 3.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRF or VXUS?

VXUS is cheaper with a 0.05% expense ratio, compared with 0.60% for BRF.

Which ETF pays a higher dividend yield, BRF or VXUS?

BRF has the higher dividend yield at 5.47%, compared with 2.59% for VXUS.

What is the main difference between BRF and VXUS?

BRF is categorized as Latin America Equities, while VXUS is Global Equities. BRF tracks MVIS Brazil Small-Cap Index, while VXUS tracks FTSE Global All Cap ex US Index. They also come from different issuers: VanEck and Vanguard. Their fees differ too: 0.60% for BRF and 0.05% for VXUS.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (1.62 vs 0.76), 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.