The index measures 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. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Frequently asked questions
What is the Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) expense ratio?
The Direxion Daily MSCI Brazil Bull 2X Shares funds expense ratio is 1.24%.
What is Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) current stock price?
As of the latest data, Direxion Daily MSCI Brazil Bull 2X Shares stock price is $78.20, with a previous close of $129.12. Direxion Daily MSCI Brazil Bull 2X Shares lost -$50.92 in the last trading session, representing a -39.44% loss.
Does Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) pay dividends?
Yes. Direxion Daily MSCI Brazil Bull 2X Shares pays quarterly dividends with an annualized yield of 2.59% and an estimated annual payout of $2.03 per share.
