BRZU - Direxion Daily MSCI Brazil Bull 2X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
1.3100
-0.1501 (-10.28%)
At close: 3:59PM EDT
Stock chart is not supported by your current browser
Previous Close1.4601
Open1.4100
Bid1.3000 x 4000
Ask1.3300 x 21500
Day's Range1.2800 - 1.4400
52 Week Range1.0100 - 41.3200
Volume6,093,866
Avg. Volume6,449,922
Net Assets112.33M
NAV1.30
PE Ratio (TTM)N/A
Yield24.45%
YTD Daily Total Return-96.63%
Beta (5Y Monthly)3.11
Expense Ratio (net)1.29%
Inception Date2013-04-10
  • Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds
    PR Newswire

    Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds

    The investment objective and strategy of each fund in the table below is to now seek daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, as applicable, of the performance of its underlying index, as shown below:

  • Ten Funds Underexposed at Market Open
    PR Newswire

    Ten Funds Underexposed at Market Open

    Due to recent market volatility and related developments, 10 funds will be underexposed to the market today. At market open, each fund will have the following exposure. This reduced exposure is for today, March 31, 2020, only.

  • PR Newswire

    Direxion Expedites the Change in Investment Objectives and Strategies of Ten Daily Leveraged and Daily Inverse Leveraged Funds

    The investment objective and strategy of each Fund in the table below is currently to seek daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 300% or -300%, as applicable, of the performance of its underlying index. Effective after market close on March 31, 2020 each Fund's investment objective and strategy will change to seek daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, as applicable, of the performance of its underlying index, as shown below:

  • ETF.com

    Direxion Ratchets Down Geared ETFs

    The issuer is closing some ETFs and changing the leverage exposure on others.

  • PR Newswire

    Direxion Changes Objectives Of Ten Leveraged Funds To Address Extreme Market Conditions, While Also Closing Eight Funds Due to Limited Interest Since Launch

    Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While volatility will subside at some point, the ability to cost-effectively and efficiently access these markets may remain challenged for some time.

  • Investopedia

    Brazil ETFs Trade at Trendline Support

    A recent retracement in Brazilian stocks provides a "buy the dip" opportunity. Trade the country's stocks using these three ETFs.

  • Success of “BRZU” ETF Hinges on President and Economy

    Brazilian president Jair Bolsonaro earned an uptick in approval ratings following a 0.6% rise in the country’s economy in the third quarter. Of course, the success of one begets the other and in this case, it’s the economy driving Bolsonaro’s popularity—both prime factors for the success of the Direxion Daily MSCI Brazil Bull 3X ETF (BRZU) . “Brazil President Jair Bolsonaro’s approval rating stabilized following a drop earlier this year amid increased optimism on the future of the nation’s economy, a public opinion survey showed,” a Bloomberg report said.

  • 5 Leveraged ETFs That Gained More Than 20% in October
    Zacks

    5 Leveraged ETFs That Gained More Than 20% in October

    We have highlighted five leveraged equity ETFs that piled up more than 20% returns in October and could continue to be investors' darlings.

  • Brazil ETFs Jump as Senate Approves Pension Reform
    Investopedia

    Brazil ETFs Jump as Senate Approves Pension Reform

    Brazilian stocks surged Tuesday after the country's Senate approved major social security reforms. Trade Brazilian stocks using these ETFs.

  • Benzinga

    Big Bets On A Brazilian Bounce

    It was an ambitious call to say the least, particularly after the MSCI Brazil 25/50 Index notched a double-digit loss in August, but data suggest traders are embracing the Direxion Daily MSCI Brazil Bull 3X Shares (NYSE: BRZU). Traders enthusiasm for BRZU comes amid a murky backdrop including the recent Amazon fires and increasing speculation that Latin America's largest economy is on the brink of a recession. Brazil’s economy, No. 8 in the world, refuses to rebound.

  • ETF Trends

    Leveraged Brazil ETF in Play After Economic Activity Picked up in May

    Aside from a summer day in the desert, you would be hard-pressed to find something hotter than the Direxion Daily MSCI Brazil Bull 3X ETF (BRZU) , which has been scorching with gains the past month. The fund is up over 18 percent month-to-date (as of July 12) and things could continue heating up based on an economic indicator tracked by the country's central bank. The central bank’s IBC-BR economic activity index, which is a leading indicator of gross domestic product (GDP), was 0.54 percent higher during the month of May. The index rebounded from a 0.47 percent decline compared to the previous month and also represents its strongest reading since June 2018.

  • 5 Leveraged ETFs That Gained Double-Digits Halfway July
    Zacks

    5 Leveraged ETFs That Gained Double-Digits Halfway July

    Wall Street continued its winning streak to start the second half by making history amid lingering trade war and global growth concerns. We have highlighted five ETFs that have gained in double digits so far this month.

  • 6 Top Leveraged ETFs of Last Week
    Zacks

    6 Top Leveraged ETFs of Last Week

    Wall Street hit records last week and these ETFs were the top gainers.

  • Leveraged ETF Roundup: Gold Miners Gain, Brazil Erodes
    Zacks

    Leveraged ETF Roundup: Gold Miners Gain, Brazil Erodes

    US-China trade tensions, crisis in the Middle East and the pain in the emerging market impact leveraged ETF winners and losers of last week.