Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
123.23 USD
-6.29
(-4.856%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:18 a.m. EDT
This leveraged ETF is currently trapped in a severe structural decline, having lost over 95% of its value over the last nine years. The underlying asset has suffered three consecutive years of negative returns, confirming a long-term deterioration in the Brazilian market exposure it tracks. While the recent price action shows a sharp bounce off the lows, the technicals are misleading; the heavy put volume and deep in-the-money call positioning suggest traders are buying insurance against further drops, not betting on a recovery. The 2% dividend yield is negligible for a leveraged product and likely represents capital erosion rather than sustainable income. Avoid this instrument for long-term holding; it is a value trap where the low price reflects the broken business model of the underlying index. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.162468 |
| MSTL | 0.205146 |
| AutoETS | 0.205529 |
| AutoARIMA | 0.206217 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 16.48 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.250 |
| Excess Kurtosis | -0.57 |
| Attribute | Value |
|---|---|
| Trailing P/E | 13.13 |
As of Oct. 10, 2026, 10:18 a.m. EDT: Speculators are positioning heavily for downside protection with massive open interest in out-of-the-money puts (strikes 70-120) across multiple expirations, indicating a fear of a significant drop. Conversely, call activity is concentrated deep in-the-money, suggesting hedging against further declines rather than bets on a rally. Implied volatility is significantly elevated for puts compared to calls, reflecting a skewed risk premium.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.24% | 2.37% | 4.06% | 4.85% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-22 | 0.257 | 0.241133 |
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 14,770.0 |
| All Time Low | 35.35 |
| Ask | 126.0 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 75,570 |
| Average Daily Volume3 Month | 36,287 |
| Average Volume | 36,287 |
| Average Volume10Days | 75,570 |
| Beta3 Year | 0.6 |
| Bid | 123.4 |
| Bid Size | 200 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 128.65 |
| Day Low | 123.23 |
| Display Name | Dly MSCI Brazil Bull 2X Shares |
| Dividend Yield | 2.01 |
| Eps Trailing Twelve Months | 9.387609 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 103.227 |
| Fifty Day Average Change | 20.003006 |
| Fifty Day Average Change Percent | 0.19377689 |
| Fifty Two Week Change Percent | 82.80671 |
| Fifty Two Week High | 136.68 |
| Fifty Two Week High Change | -13.449989 |
| Fifty Two Week High Change Percent | -0.09840496 |
| Fifty Two Week Low | 64.53 |
| Fifty Two Week Low Change | 58.700005 |
| Fifty Two Week Low Change Percent | 0.9096545 |
| Fifty Two Week Range | 64.53 - 136.68 |
| First Trade Date Milliseconds | 1,365,600,600,000 |
| Five Year Average Return | 0.1458194 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 1.1299973 |
| Fullday Change Percent | 0.91698223 |
| Fullday Price | 124.36 |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_228909700 |
| Nav Price | 129.581 |
| Net Assets | 116,666,336.0 |
| Net Expense Ratio | 1.32 |
| Open | 123.87 |
| Phone | 866-476-7523 |
| Pre Market Change | 1.1299973 |
| Pre Market Change Percent | 0.91698223 |
| Pre Market Price | 124.36 |
| Pre Market Time | 1,792,152,056 |
| Previous Close | 129.52 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -6.29 |
| Regular Market Change Percent | -4.85639 |
| Regular Market Day High | 128.65 |
| Regular Market Day Low | 123.23 |
| Regular Market Day Range | 123.23 - 128.65 |
| Regular Market Open | 123.87 |
| Regular Market Previous Close | 129.52 |
| Regular Market Price | 123.23 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 29,769 |
| Short Name | Direxion Daily Brazil Bull 2X E |
| Source Interval | 15 |
| Symbol | BRZU |
| Three Year Average Return | 0.2509986 |
| Total Assets | 116,666,336 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 13.12688 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 13.54655 |
| Trailing Three Month Returns | 13.54655 |
| Triggerable | 1 |
| Two Hundred Day Average | 102.6668 |
| Two Hundred Day Average Change | 20.563202 |
| Two Hundred Day Average Change Percent | 0.20029067 |
| Type Disp | ETF |
| Volume | 29,769 |
| Yield | 0.0201 |
| Ytd Return | 27.69966 |