VanEck Brazil Small-Cap ETF (BRF)Focused Region | Exchange Traded Fund | NYSEArca
16.53 USD
-0.41
(-2.418%) ⇩
(July 13, 2026, 10:57 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:55 a.m. EDT
The VanEck Brazil Small-Cap ETF presents a classic value trap scenario where attractive metrics mask deteriorating momentum. While the trailing P/E of 8.6 and a 5.4% dividend yield look compelling on paper, the price action tells a different story: the asset is trading below its 50-day and 200-day averages, indicating persistent selling pressure. More critically, the multi-year trajectory shows five years of negative annual returns, with the last two years being consecutive declines. This structural deterioration suggests the market has correctly identified fundamental issues that a low P/E cannot offset. The options market reinforces this pessimism, with heavy put open interest at strikes significantly below the current price, signaling that speculators expect further downside. Although the dividend provides some cushion, it is insufficient to counteract the trend of capital destruction. Investors should view this as a speculative recovery play at best, not a core holding. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.129092 |
| AutoETS | 0.130345 |
| AutoTheta | 0.130430 |
| AutoARIMA | 0.131962 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 4.07 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.151 |
| Excess Kurtosis | -0.35 |
| Attribute | Value |
|---|---|
| Trailing P/E | 8.37 |
As of July 11, 2026, 6:55 a.m. EDT: Speculators are positioning exclusively for downside protection via out-of-the-money puts expiring in late 2027, while call activity is negligible and concentrated in short-dated strikes. This asymmetry suggests a bearish bias among retail traders, betting on further weakness rather than a rebound.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 5.77% | 5.77% | 5.01% | 4.50% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.889 | 5.772727 |
| 2024-12-23 | 0.448 | 4.106325 |
| 2023-12-18 | 0.882 | 5.163934 |
| 2022-12-19 | 0.557 | 4.317830 |
| 2021-12-20 | 0.488 | 3.158576 |
| 2020-12-21 | 0.353 | 1.692234 |
| 2019-12-23 | 0.697 | 2.627214 |
| 2018-12-27 | 0.068 | 0.341880 |
| 2018-12-20 | 0.511 | 2.586032 |
| 2017-12-18 | 1.063 | 4.734966 |
| 2016-12-19 | 0.676 | 4.555256 |
| 2015-12-21 | 0.399 | 3.896484 |
| 2014-12-22 | 0.892 | 4.330097 |
| 2013-12-27 | 0.018 | 0.061017 |
| 2013-12-23 | 0.530 | 1.813826 |
| 2012-12-24 | 0.616 | 1.512027 |
| 2011-12-23 | 5.132 | 14.033361 |
| 2010-12-23 | 3.575 | 6.535649 |
| 2009-12-23 | 0.451 | 0.951076 |
| Attribute | Value |
|---|---|
| All Time High | 63.78 |
| All Time Low | 8.55 |
| Ask | 17.58 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 2,630 |
| Average Daily Volume3 Month | 7,457 |
| Average Volume | 7,457 |
| Average Volume10Days | 2,630 |
| Beta3 Year | 1.3 |
| Bid | 0.0 |
| Bid Size | 200 |
| Category | Focused Region |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 16.73 |
| Day Low | 16.525 |
| Dividend Yield | 5.37 |
| Eps Trailing Twelve Months | 1.9733226 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.2864 |
| Fifty Day Average Change | -0.7614002 |
| Fifty Day Average Change Percent | -0.0440462 |
| Fifty Two Week Change Percent | 13.219177 |
| Fifty Two Week High | 20.44 |
| Fifty Two Week High Change | -3.915001 |
| Fifty Two Week High Change Percent | -0.19153625 |
| Fifty Two Week Low | 14.04 |
| Fifty Two Week Low Change | 2.4849997 |
| Fifty Two Week Low Change Percent | 0.17699428 |
| Fifty Two Week Range | 14.04 - 20.44 |
| First Trade Date Milliseconds | 1,242,307,800,000 |
| Five Year Average Return | -0.028439801 |
| Full Exchange Name | NYSEArca |
| Fund Family | VanEck |
| Fund Inception Date | 1,242,086,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes securities of Brazilian small-capitalization companies. A company is generally considered to be a Brazilian company if it is incorporated in Brazil or is incorporated outside of Brazil but has at least 50% of its revenues/related assets in Brazil. |
| Long Name | VanEck Brazil Small-Cap ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_59078325 |
| Nav Price | 16.94 |
| Net Assets | 22,341,458.0 |
| Net Expense Ratio | 0.6 |
| Open | 16.69 |
| Phone | 888-658-8287 |
| Previous Close | 16.9345 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.4095 |
| Regular Market Change Percent | -2.41814 |
| Regular Market Day High | 16.73 |
| Regular Market Day Low | 16.525 |
| Regular Market Day Range | 16.525 - 16.73 |
| Regular Market Open | 16.69 |
| Regular Market Previous Close | 16.9345 |
| Regular Market Price | 16.525 |
| Regular Market Time | 1,783,954,675 |
| Regular Market Volume | 2,904 |
| Short Name | VanEck Brazil Small-Cap ETF |
| Source Interval | 15 |
| Symbol | BRF |
| Three Year Average Return | 0.0157529 |
| Total Assets | 22,341,458 |
| Tradeable | 0 |
| Trailing P E | 8.374201 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -9.01594 |
| Trailing Three Month Returns | -9.01594 |
| Triggerable | 1 |
| Two Hundred Day Average | 17.40935 |
| Two Hundred Day Average Change | -0.8843498 |
| Two Hundred Day Average Change Percent | -0.050797407 |
| Type Disp | ETF |
| Volume | 2,904 |
| Yield | 0.0537 |
| Ytd Return | 2.47678 |