MOOD vs. BRZU

Last updated Jun 9, 2026

MOOD (Relative Sentiment Tactical Allocation ETF) and BRZU (Direxion Daily Brazil Bull 2X Shares) are both exchange-traded funds - MOOD is a Tactical Allocation fund actively managed by Relative Sentiment, while BRZU is a Leveraged Equities fund tracking the MSCI Brazil 25/50 Index. MOOD is actively managed, while BRZU is passively managed. Over the past 3 years, MOOD returned 19.89%/yr vs 3.57%/yr for BRZU. At a 0.48 correlation, their price movements are largely independent. MOOD charges 0.68%/yr vs 1.29%/yr for BRZU.

Performance

MOOD vs. BRZU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Relative Sentiment Tactical Allocation ETF (MOOD) and Direxion Daily Brazil Bull 2X Shares (BRZU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOOD achieves a 12.64% return, which is significantly higher than BRZU's 5.84% return.

MOOD

• 1D: 0.40%
• 1M: -0.30%
• YTD: 12.64%
• 6M: 14.97%
• 1Y: 33.33%
• 3Y*: 19.89%
• 5Y*: —
• 10Y*: —

BRZU

• 1D: -1.65%
• 1M: -26.61%
• YTD: 5.84%
• 6M: 6.23%
• 1Y: 46.00%
• 3Y*: 3.57%
• 5Y*: -4.83%
• 10Y*: -16.53%

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

MOOD vs. BRZU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MOOD Relative Sentiment Tactical Allocation ETF	12.64%	30.39%	12.53%	12.56%	-2.90%
BRZU Direxion Daily Brazil Bull 2X Shares	5.84%	97.99%	-57.07%	55.48%	-17.32%

Correlation

The correlation between MOOD and BRZU is 0.57, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since May 20, 2022	0.48

The correlation between MOOD and BRZU has been stable across timeframes, ranging from 0.48 to 0.57 - a consistent structural relationship.

MOOD vs. BRZU - Sectors Allocation Comparison

Sectors	MOOD	BRZU
Technology	27.6%	0.9%
Financial Services	15.7%	32.7%
Industrials	12.6%	10.9%
Consumer Cyclical	9.5%	1.5%
Healthcare	8.4%	2.4%
Communication Services	7.9%	2.2%
Consumer Defensive	5.1%	4.2%
Basic Materials	4.4%	13.7%
Energy	3.7%	18.7%
Utilities	2.7%	12.8%
Real Estate	2.5%	-

Return for Risk

MOOD vs. BRZU — Risk / Return Rank

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

MOOD

MOOD Risk / Return Rank: 74
MOOD Sharpe Ratio Rank: 81
MOOD Sortino Ratio Rank: 67
MOOD Omega Ratio Rank: 84
MOOD Calmar Ratio Rank: 75
MOOD Martin Ratio Rank: 65

BRZU

BRZU Risk / Return Rank: 29
BRZU Sharpe Ratio Rank: 28
BRZU Sortino Ratio Rank: 29
BRZU Omega Ratio Rank: 30
BRZU Calmar Ratio Rank: 29
BRZU Martin Ratio Rank: 31

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.

MOOD vs. BRZU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Relative Sentiment Tactical Allocation ETF (MOOD) and Direxion Daily Brazil Bull 2X Shares (BRZU). 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.

	MOOD	BRZU	Difference
Sharpe ratio: Return per unit of total volatility	2.34	0.93	+1.41
Sortino ratio: Return per unit of downside risk	2.76	1.45	+1.31
Omega ratio: Gain probability vs. loss probability	1.46	1.18	+0.28
Calmar ratio: Return relative to maximum drawdown	3.45	1.28	+2.16
Martin ratio: Return relative to average drawdown	10.67	4.08	+6.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOOD vs. BRZU - Sharpe Ratio Comparison

The current MOOD Sharpe Ratio is 2.34, which is higher than the BRZU Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of MOOD and BRZU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MOOD	BRZU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	0.93	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.09	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	-0.35	+1.66

Drawdowns

MOOD vs. BRZU - Drawdown Comparison

The maximum MOOD drawdown since its inception was -14.34%, smaller than the maximum BRZU drawdown of -99.71%. Use the drawdown chart below to compare losses from any high point for MOOD and BRZU.

Drawdown Indicators

	MOOD	BRZU	Difference
Max Drawdown Largest peak-to-trough decline	-14.34%	-99.71%	+85.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-35.97%	+26.26%
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	-58.25%	+48.54%
Max Drawdown (5Y) Largest decline over 5 years	—	-65.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-98.11%	—
Current Drawdown Current decline from peak	-2.14%	-99.24%	+97.10%
Average Drawdown Average peak-to-trough decline	-2.32%	-89.56%	+87.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	11.30%	-8.17%

Volatility

MOOD vs. BRZU - Volatility Comparison

The current volatility for Relative Sentiment Tactical Allocation ETF (MOOD) is 3.59%, while Direxion Daily Brazil Bull 2X Shares (BRZU) has a volatility of 14.82%. This indicates that MOOD experiences smaller price fluctuations and is considered to be less risky than BRZU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOOD	BRZU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	14.82%	-11.23%
Volatility (6M) Calculated over the trailing 6-month period	12.55%	41.71%	-29.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	49.91%	-35.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.10%	55.42%	-43.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.10%	83.03%	-70.93%

MOOD vs. BRZU - Expense Ratio Comparison

MOOD has a 0.68% expense ratio, which is lower than BRZU's 1.29% expense ratio.

Dividends

MOOD vs. BRZU - Dividend Comparison

MOOD's dividend yield for the trailing twelve months is around 0.36%, less than BRZU's 2.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRZU Direxion Daily Brazil Bull 2X Shares	2.52%	2.39%	8.73%	3.24%	4.70%	6.29%	0.78%	0.95%	1.04%	0.74%
MOOD Relative Sentiment Tactical Allocation ETF	0.36%	0.40%	1.33%	1.34%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MOOD and BRZU in my portfolio?

MOOD and BRZU have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOOD or BRZU?

BRZU has higher volatility (14.82%) compared to MOOD (3.59%). In terms of maximum drawdown, MOOD dropped -14.34% vs BRZU's -99.71%.

Which ETF is better, MOOD or BRZU?

On 3-year performance, MOOD leads with 19.89% vs 3.57% for BRZU. On fees, MOOD is cheaper at 0.68% per year. On volatility, MOOD has been the lower-risk option at 3.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOOD or BRZU?

Over the 3-year period, MOOD has performed better with a 19.89% return vs 3.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOOD or BRZU?

MOOD is cheaper with a 0.68% expense ratio, compared with 1.29% for BRZU.

Which ETF pays a higher dividend yield, MOOD or BRZU?

BRZU has the higher dividend yield at 2.52%, compared with 0.36% for MOOD.

What is the main difference between MOOD and BRZU?

MOOD is categorized as Tactical Allocation, while BRZU is Leveraged Equities. They also come from different issuers: Relative Sentiment and Direxion. Their fees differ too: 0.68% for MOOD and 1.29% for BRZU.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.34 vs 0.93), 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.