You can consider a currency ETF that either includes the Brazilian Real in its basket or even a currency fund specific to the Real. Or you can even research a BRIC ETF that includes securities from only Brazil, Russia, India, and China in its holdings, like iShares MSCI BRIC ETF (BKF). But if you want to invest in a Brazil asset by itself, then you might want to consider these country-specific ETFs that focus on Brazil only.
List of Brazil ETFs
BRF - VanEck Vectors Brazil Small-Cap ETF BRZU - Direxion Daily Brazil Bull 2X Shares ETF BZQ - ProShares UltraShort MSCI Brazil ETF EWZ - iShares MSCI Brazil Index ETF EWZS - iShares MSCI Brazil Small-Cap Index Fund UBR - ProShares Ultra MSCI Brazil Capped FBZ - First Trust Brazil AlphaDEX Fund FLBR - Franklin FTSE Brazil ETF
While these are the current Brazil ETFs on the market as of 2021, we have lost some funds over the years for various reasons. If you come across either of these funds in your research, be aware that they are no longer trading on any exchanges as of March 2021:
Closed Brazil ETFs
BRAF - Global X Brazil Financials ETFBRAQ - Global X Brazil Consumer ETFBRAZ - Global X Brazil Mid Cap ETFBRXX - EGShares Brazil Infrastructure ETFFBZ - First Trust Brazil AlphaDex FundBZF - WisdomTree Brazilian Real Strategy FundDBBR - DBX MSCI Brazil Currency-Hedged Equity Fund
Do Your Research
There’s no doubt that Brazil is becoming a popular target for investors, some bullish and some bearish. However, it’s not a simple as picking a fund and buying it; you must conduct thorough research and your due diligence. As with any investment, a company stock, an ETF, Index or otherwise, please make sure you analyze these exchange-traded funds or any financial assets before making any trades (long or short). Watch how they react to different market conditions, and take a look under the hood and see what is in the fund. And if you have any questions or concerns, make sure you consult a broker, a financial advisor, or another financial industry professional. While ETFs have many advantages, they have many disadvantages as well (as does any investment). It is very important to understand the investment vehicle before you trade it, but once you have a full understanding on these Brazil ETFs, you can consider adding them to your portfolio. For those who do have an interest in BRIC ETFs, research iShares MSCI BRIC Index ETF (BKF). There are even funds that target Latin America that include Brazil:
Latin America ETFs
EMB - iShares J.P. Morgan USD Emerging Markets Bond ETF FLLA - Franklin FTSE Latin America ETF FLN - First Trust Latin America AlphaDex Fund ILF - iShares Latin America 40 ETF LBJ - Direxion Daily Latin America 2x Bull Shares ETF
