Direxion Daily MSCI Brazil Bull 2X ETF
The Direxion Daily MSCI Brazil Bull 2X ETF 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
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This leveraged ETF seeks a return that is 200% of the return of its benchmark index for a single day. The 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 06/11/2026.
| 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception (04/10/2013) | Expense Ratio* (Gross / Net%) | |
|---|---|---|---|---|---|---|---|---|---|
| BRZU NAV | -19.07 | -17.24 | 20.60 | 71.84 | 16.58 | -0.02 | -13.92 | -30.10 | 1.32 / 1.32* |
| BRZU Market Close | -19.02 | -17.16 | 20.61 | 72.20 | 16.80 | 0.01 | -13.95 | -30.10 | 1.32 / 1.32* |
As of May 31, 2026
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 0.91%. 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, 2027, 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.
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 | 10.56% |
| Nu Holdings Shares Class A | 9.09% |
| ITAU Unibanco Holding Prf | 8.49% |
| Petroleo Brasileiro Prf | 7.78% |
| Petroleo Brasileiro Petrobras | 7.12% |
| Bm&F Bovespa Bolsa De Valores | 3.67% |
| Banco Bradesco Prf | 3.33% |
| Weg On | 3.25% |
| Companhia De Saneamento Basico | 2.98% |
| Ambev SA | 2.75% |
Index Sector Weightings
| % of Total | |
|---|---|
| Financials | 35.44% |
| Energy | 17.02% |
| Materials | 13.66% |
| Utilities | 12.93% |
| Industrials | 8.56% |
| Consumer Staples | 5.79% |
| Communication Services | 2.31% |
| Consumer Discretionary | 2.27% |
| Health Care | 1.24% |
| Information Technology | 0.77% |
Distributions
| Record Date | Ex Date | Pay Date | Income Dividend | Short-Term Capital Gain | Long-Term Capital Gain | Expand |
|---|---|---|---|---|---|---|
| 03/24/2026 | 03/24/2026 | 03/31/2026 | 0.24678 | — | — | |
| 12/23/2025 | 12/23/2025 | 12/31/2025 | 1.09392 | — | — | |
| 09/23/2025 | 09/23/2025 | 09/30/2025 | 0.01015 | — | — | |
| 06/24/2025 | 06/24/2025 | 07/01/2025 | 0.76952 | — | — | |
Record Date03/24/2026 Ex Date03/24/2026 Pay Date03/31/2026 Income Dividend0.24678 Short-Term Capital Gain— Long-Term Capital Gain— Record Date12/23/2025 Ex Date12/23/2025 Pay Date12/31/2025 Income Dividend1.09392 Short-Term Capital Gain— Long-Term Capital Gain— Record Date09/23/2025 Ex Date09/23/2025 Pay Date09/30/2025 Income Dividend0.01015 Short-Term Capital Gain— Long-Term Capital Gain— Record Date06/24/2025 Ex Date06/24/2025 Pay Date07/01/2025 Income Dividend0.76952 Short-Term Capital Gain— Long-Term Capital Gain— | ||||||
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