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Leveraged & Inverse ETFs

Direxion Daily MSCI Brazil Bull 2X Shares

The Direxion Daily MSCI Brazil Bull 2X Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the MSCI Brazil 25/50 Index.** There is no guarantee that the fund will achieve its stated investment objective.

Investing in a Direxion Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The Direxion Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment.

BRZU

NAV (Net Asset Value)$71.82As of May 29, 2024
1 Day NAV change$-2.56(-3.44%)As of May 29, 2024
Daily Target
+200%
Intra-day Value
BRZU.IV
Daily NAV
$71.82
Daily Market Price
$71.79
Expense Ratio
(gross/net %)
1.24 / 1.24*
Daily Volume
84,414
Security Identifier
25460G708
Inception Date
Apr 10, 2013

Operational Updates

  • 01/23/2024
    Direxion's New ETF Alert Service. Get Price and Volume Alerts automatically via text message!
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Documents & Downloads

  • BRZU Fact Sheet (pdf)
  • Direxion ETFs List (pdf)
  • BRZU Prospectus
  • Daily Fund Holdings (csv)

This leveraged ETF seeks a return that is 200% of the return of its benchmark index for a single dayThe fund should not be expected to provide two times the return of the benchmark’s cumulative return for periods greater than a day.

Pricing & Performance

NAV and Market Price information as of 05/29/2024.

BRZU Direxion Daily MSCI Brazil Bull 2X Shares
Net Asset Value (NAV)
$71.82Nav
$-2.56Change
-3.44%Change
Market Price Closing
$71.79Market
$-2.57Change
-3.46%Change
Premium / Discount
$-0.03Change from Last Day Trading
Premium/Discount tool
Loading chart...
1M3MYTD1Y3Y5Y10YSince
Inception
Expense Ratio*
(Gross / Net%)
Inception
Date
BRZU NAV
-9.35
-13.59
-24.03
21.22
-4.11
-37.82
-35.64
-36.39
1.24 / 1.24*
04/10/2013
BRZU Market Close
-9.42
-13.44
-23.83
21.47
-4.09
-37.84
-35.66
-36.40
1.24 / 1.24*
04/10/2013

As of April 30, 2024

The Primary Listing Exchange is the NYSE Arca, Inc.

*The Net Expense Ratio includes management fees, other operating expenses and Acquired Fund Fees and Expenses. If Acquired Fund Fees and Expenses were excluded, the Net Expense Ratio would be 0.93%. The Fund’s adviser, Rafferty Asset Management, LLC (“Rafferty”) has entered into an Operating Expense Limitation Agreement with the Fund. Under the Operating Expense Limitation Agreement, Rafferty has contractually agreed to waive all or a portion of its management fee and/or reimburse the Fund for Other Expenses through September 1, 2025, to the extent that the Fund’s Total Annual Fund Operating Expenses exceed 0.95% of the Fund’s average daily net assets (excluding, as applicable, among other expenses, taxes, swap financing and related costs, acquired fund fees and expenses, dividends or interest on short positions, other interest expenses, brokerage commissions and extraordinary expenses). If these expenses were included, the expense ratio would be higher.

The performance shown prior to April 1, 2020, reflects the Fund’s previous daily leveraged investment objective, before fees and expenses, of 300% of the performance of the Index.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. An investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. Returns for performance under one year are cumulative, not annualized. For the most recent month-end performance please visit the fund’s website at www.direxion.com.

Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes. For additional information, see the fund’s prospectus.

Index Information

The MSCI Brazil 25/50 Index (M1BR2550) is designed to measure the performance of the large- and mid-capitalization segments of the Brazilian equity market, covering approximately 85% of the free float-adjusted market capitalization of Brazilian issuers. One cannot invest directly in an index.

Index Top Ten Holdings

% of Total
Vale SA
10.82%
Petroleo Brasileiro
9.19%
ITAU Unibanco Holding SA
8.66%
Petroleo Brasileiro Petrobras
7.34%
Banco Bradesco
3.82%
BM&F Bovespa Bolsa De Valores
3.59%
Weg SA
3.54%
Ambev SA
2.99%
Localiza SA
2.80%
Itausa Investimentos Itau
2.77%

Index Sector Weightings

% of Total
Financials
27.06%
Energy
20.73%
Materials
16.79%
Utilities
10.41%
Industrials
8.99%
Consumer Staples
8.01%
Consumer Discretionary
2.65%
Health Care
2.40%
Communication Services
2.30%
Information Technology
0.65%
Index data as of 03/31/2024. Index sector weightings and top holdings are subject to change.

View Daily Fund Holdings

Distributions

Record DateEx DatePay DateIncome DividendShort-Term Capital GainLong-Term Capital GainExpand
03/20/202403/19/202403/26/20240.33000
12/22/202312/21/202312/29/20231.78478
09/20/202309/19/202309/26/20230.30981
06/22/202306/21/202306/28/20231.10605
Record Date03/20/2024
Ex Date03/19/2024
Pay Date03/26/2024
Income Dividend0.33000
Short-Term Capital Gain
Long-Term Capital Gain
Record Date12/22/2023
Ex Date12/21/2023
Pay Date12/29/2023
Income Dividend1.78478
Short-Term Capital Gain
Long-Term Capital Gain
Record Date09/20/2023
Ex Date09/19/2023
Pay Date09/26/2023
Income Dividend0.30981
Short-Term Capital Gain
Long-Term Capital Gain
Record Date06/22/2023
Ex Date06/21/2023
Pay Date06/28/2023
Income Dividend1.10605
Short-Term Capital Gain
Long-Term Capital Gain

Documents

Tax Documents

Download the following Tax Reporting Documents

How to Trade

ETFs are generally available for purchase on exchanges, much like stocks—and can be bought and sold throughout the trading day whenever exchanges are open. Direxion ETFs cannot be purchased directly from Direxion, but are available for trading on most trading platforms.

We strongly recommend that you take the time to educate yourself on how leveraged and inverse ETFs function and behave in various market conditions before you endeavor to trade them in your account. It’s always a good idea to consult a financial advisor or brokerage account representative if you have questions about any ETFs.

Please note, your advisor or broker may charge commissions or other transaction fees. If you have any questions specific to Direxion products, please contact us direct at [email protected] or 866-476-7523.

Operational Updates

Documents & Downloads

How to Trade

While you can't trade our funds from our website, investors still have multiple options for buying Direxion ETFs
Learn More About Trading Direxion ETFs

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