Key stats
About VanEck Brazil Small-Cap ETF
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Inception date
May 12, 2009
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
BRF tracks the performance of the MVIS Brazil Small-Cap Index and employs a different take on the small cap space. Its unique pure-play approach targets 100% of the investable universe with at least 25 names and includes non-local companies that generate at least 50% of their revenues in Brazil, in addition to its local exposure. While it does not provide a particularly tight fit to our chosen benchmark, its size, sector, and valuation tilts are, at most, moderate. Constituents are ranked and weighted by market capitalization with an 8% capping scheme on a single security to ensure diversification. Index reviews occur on a semi-annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks92.21%
Finance21.28%
Producer Manufacturing10.05%
Consumer Non-Durables9.10%
Utilities7.24%
Process Industries6.91%
Transportation6.01%
Energy Minerals5.66%
Commercial Services4.66%
Retail Trade4.41%
Non-Energy Minerals4.08%
Health Services3.23%
Consumer Services2.66%
Consumer Durables2.32%
Technology Services2.12%
Distribution Services1.36%
Communications0.69%
Industrial Services0.24%
Health Technology0.19%
Bonds, Cash & Other7.79%
UNIT7.40%
Cash0.39%
Stock breakdown by region
Latin America89.13%
Asia4.00%
North America3.32%
Europe1.43%
Oceania1.43%
Middle East0.69%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BRF invests in stocks. The fund's major sectors are Finance, with 21.28% stocks, and Producer Manufacturing, with 10.05% of the basket. The assets are mostly located in the Latin America region.
BRF top holdings are Modec, Inc. and Brava Energia, occupying 3.98% and 3.39% of the portfolio correspondingly.
BRF last dividends amounted to 0.45 USD. The year before, the issuer paid 0.88 USD in dividends, which shows a 96.83% decrease.
BRF assets under management is 19.51 M USD. It's risen 6.68% over the last month.
BRF fund flows account for −1.73 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BRF pays dividends to its holders with the dividend yield of 2.99%. The last dividend (Dec 24, 2024) amounted to 0.45 USD. The dividends are paid annually.
BRF shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on May 12, 2009, and its management style is Passive.
BRF expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
BRF follows the MVIS Brazil Small-Cap. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BRF invests in stocks.
BRF price has risen by 4.69% over the last month, and its yearly performance shows a 8.66% increase. See more dynamics on BRF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.49% over the last month, showed a 18.62% increase in three-month performance and has increased by 12.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.49% over the last month, showed a 18.62% increase in three-month performance and has increased by 12.95% in a year.
BRF trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.