BRZU ETF — Direxion Daily MSCI Brazil Bull 2X Shares

Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)

Updated October 16, 2026.

BRZU is an ETF that tracks the MSCI Brazil. its distribution rate is 0.82%, its trailing-12-month yield is 1.62%, its expense ratio is 1.32%. Dividend Vision Distribution Safety Score™ is 54/100 (Caution). Total return is -98.9% over the past 13.5 years, 603.4 points behind SPY at 504.5%.

Direxion Daily MSCI Brazil Bull 2X Shares is an ETF that seeks to deliver twice the daily performance of the MSCI Brazil index, which tracks large- and mid-cap Brazilian equities, using leveraged financial instruments including swaps and ETFs. The fund carries a modest current distribution rate and distributes quarterly, with an expense ratio of 1.32%. This leveraged equity fund appeals primarily to active traders and sophisticated investors seeking short-term directional exposure to Brazilian markets, as the daily reset mechanism makes it unsuitable as a buy-and-hold investment.

BRZU performance versus SPY

Price and return data through 2026-10-16.

Total return is -98.9% over the past 13.5 years, 603.4 points behind SPY at 504.5%. Over the past year its total return — price change plus distributions reinvested — is 95.7%. Its deepest 1-year drawdown was 36.1%.

BRZU key facts

Distribution Safety Score™

54 · Caution

Safety-Adjusted Yield

0.44%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

04/10/2013

Expense ratio

1.32%

Distribution rate

0.82%

Distribution frequency

Quarterly

Trailing yield

1.62%

Last close

$125.00 (as of 2026-10-16)

AUM

$150,299,551

Average volume

24783.0

Dividend

$0.257

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

0.6

How Dividend Vision calculates yield and returns

Distribution rate (0.82%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.62%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: MSCI Brazil; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BRZU risks and drawbacks

BRZU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 36.1%.

Who may consider BRZU — and who may not

It is a weaker fit for investors who need monthly cash flow (BRZU pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BRZU

• All tickers starting with B

Tagged: Leverage.

Frequently asked questions

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