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Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
92.70 USD -1.25 (-1.330%) ⇩ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 92.65 -0.05 (-0.050%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 6:03 a.m. EDT

The long-term outlook is severely compromised by a brutal four-year streak of negative annual returns, with the asset down nearly 95% over the observation window. This structural decline, confirmed by the market pricing in a trailing P/E of just 10.5, suggests the underlying leveraged exposure to the Brazilian market has fundamentally broken down rather than offering a margin of safety. The recent price action shows a sharp deterioration, dropping from mid-August highs back toward the previous close, erasing earlier gains. While the short-term statistical model hints at a negligible upward drift, this is statistically insignificant against the backdrop of persistent multi-year weakness and heavy options positioning for further drops. The dividend yield, while seemingly attractive at nearly 1.8%, is likely a function of the depressed share price rather than sustainable cash flow, making it a dangerous trap for income seekers. Avoid this instrument until the multi-year downtrend shows definitive reversal.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.056882
AutoTheta0.166128
AutoARIMA0.235676
AutoETS0.239931

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 0.85
Ljung-Box p 0.000
Jarque-Bera p 0.366
Excess Kurtosis -0.74
Attribute Value
Trailing P/E 10.74

As of Aug. 22, 2026, 6:03 a.m. EDT: Speculators are heavily positioned for downside protection with massive open interest walls in out-of-the-money puts (strikes 65, 70, 75, 79) across multiple expirations, indicating a strong consensus fear of further declines. While there is some volume in deep out-of-the-money calls (strikes 120+, 190), the overwhelming capital deployment is in put writing and buying, suggesting traders expect the asset to remain suppressed or drop further rather than rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.49% 2.14% 4.10% 4.80%
Dividend History
Date Dividend Yield %
2026-06-23 0.429 0.491409
2026-03-24 0.247 0.241659
2025-12-23 1.094 1.391680
2025-09-23 0.010 0.013280
2025-06-24 0.770 1.244545
2025-03-25 0.031 0.055785
2024-12-23 1.492 3.553227
2024-09-24 0.401 0.566865
2024-06-25 1.393 2.199589
2024-03-19 0.330 0.390718
2023-12-21 1.785 1.786787
2023-09-19 0.310 0.365609
2023-06-21 1.106 1.181750
2023-03-21 0.128 0.218729
2022-12-20 2.150 3.140979
2022-09-20 0.079 0.095158
2022-06-22 0.843 1.267098
2022-03-22 0.150 0.140753
2021-12-21 3.588 5.651284
2021-06-22 0.595 0.428273
2020-12-22 0.322 0.283576
2020-06-23 0.349 0.415081
2020-03-24 0.245 0.451613
2019-12-23 5.985 0.464800
2019-06-25 6.895 0.617748
2018-12-27 5.250 0.618557
2018-09-25 3.815 0.616516
2017-12-19 10.360 0.831928
2013-09-17 13.650 0.160626
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.79

Info Dump

Attribute Value
All Time High 14,770.0
All Time Low 35.35
Ask 96.0
Ask Size 100
Average Daily Volume10 Day 32,370
Average Daily Volume3 Month 23,804
Average Volume 23,804
Average Volume10Days 32,370
Beta3 Year 0.75
Bid 83.36
Bid Size 200
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 93.0799
Day Low 90.07
Dividend Yield 1.79
Eps Trailing Twelve Months 8.63177
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 91.4632
Fifty Day Average Change 1.2367935
Fifty Day Average Change Percent 0.013522307
Fifty Two Week Change Percent 42.659283
Fifty Two Week High 133.04
Fifty Two Week High Change -40.339996
Fifty Two Week High Change Percent -0.30321705
Fifty Two Week Low 62.95
Fifty Two Week Low Change 29.749996
Fifty Two Week Low Change Percent 0.47259724
Fifty Two Week Range 62.95 - 133.04
First Trade Date Milliseconds 1,365,600,600,000
Five Year Average Return 0.016783
Full Exchange Name NYSEArca
Fullday Change -1.25
Fullday Change Percent -1.330495
Fullday Price 92.65
Fund Family Direxion Funds
Fund Inception Date 1,365,552,000
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 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.
Long Name Direxion Daily MSCI Brazil Bull 2X Shares
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_228909700
Nav Price 93.944
Net Assets 105,238,168.0
Net Expense Ratio 1.32
Open 93.18
Phone 866-476-7523
Post Market Change -0.049995422
Post Market Change Percent -0.053932495
Post Market Price 92.65
Post Market Time 1,787,959,805
Previous Close 93.95
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.25
Regular Market Change Percent -1.33049
Regular Market Day High 93.0799
Regular Market Day Low 90.07
Regular Market Day Range 90.07 - 93.0799
Regular Market Open 93.18
Regular Market Previous Close 93.95
Regular Market Price 92.7
Regular Market Time 1,787,947,153
Regular Market Volume 26,130
Short Name Direxion Daily Brazil Bull 2X E
Source Interval 15
Symbol BRZU
Three Year Average Return 0.0900937
Total Assets 105,238,168
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 10.739396
Trailing Peg Ratio None
Trailing Three Month Nav Returns -15.60631
Trailing Three Month Returns -15.60631
Triggerable 1
Two Hundred Day Average 97.8482
Two Hundred Day Average Change -5.148201
Two Hundred Day Average Change Percent -0.052614164
Type Disp ETF
Volume 26,130
Yield 0.0179
Ytd Return 25.76895