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Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)

Trading--Leveraged Equity | Exchange Traded Fund | NYSEArca
96.58 USD +3.44 (3.693%) ⇧ (July 14, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 7:06 a.m. EDT

The long-term outlook is severely compromised by a brutal multi-year decline; the asset has lost nearly 94% of its value over the last nine years, with the most recent two years showing consecutive negative returns. This is not a value opportunity but a structural failure of the underlying leveraged strategy, making it a dangerous hold for any timeframe beyond a few months. While the short-term chart shows a recent bounce off the lows, the momentum is fragile, and the statistical forecast offers no reliable edge. The dividend yield is an illusion created by the collapsing share price rather than sustainable cash flow, and the options market confirms a defensive bias with heavy buying of deep out-of-the-money puts. Avoid this instrument entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_97 ✓0.206361
MSTL_97_1260.217049
AutoETS0.271395
AutoTheta0.271412
AutoARIMA0.271504
MSTL0.278319
MSTL_1260.285353

Forecast horizon: 60 days | Selected: MSTL_97

Forecast Reliability
Score 33%
H-stat 40.35
Ljung-Box p 0.000
Jarque-Bera p 0.049
Excess Kurtosis -1.48
Attribute Value
Trailing P/E 12.00

As of July 11, 2026, 7:06 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest at strikes significantly below the current price (60, 65, 75), indicating a fear of a sharp drop to the lower end of the range. Conversely, there is notable call flow at distant strikes (120, 165) suggesting a speculative hope for a massive rebound, but the immediate term is dominated by downside protection and low implied volatility at near-term expirations.


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 2.0

Info Dump

Attribute Value
All Time High 14,770.0
All Time Low 35.35
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 15,790
Average Daily Volume3 Month 29,729
Average Volume 29,729
Average Volume10Days 15,790
Beta3 Year 0.8
Bid 0.0
Bid Size 200
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 97.47
Day Low 96.06
Dividend Yield 2.0
Eps Trailing Twelve Months 8.047573
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 96.1668
Fifty Day Average Change 0.41320038
Fifty Day Average Change Percent 0.004296705
Fifty Two Week Change Percent 57.384254
Fifty Two Week High 133.04
Fifty Two Week High Change -36.45999
Fifty Two Week High Change Percent -0.27405286
Fifty Two Week Low 54.07
Fifty Two Week Low Change 42.510002
Fifty Two Week Low Change Percent 0.7862031
Fifty Two Week Range 54.07 - 133.04
First Trade Date Milliseconds 1,365,600,600,000
Five Year Average Return -0.0151335
Full Exchange Name NYSEArca
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 96.559
Net Assets 94,106,408.0
Net Expense Ratio 1.32
Open 96.07
Phone 866-476-7523
Pre Market Change 1.9700012
Pre Market Change Percent 2.039761
Pre Market Price 98.55
Pre Market Time 1,784,108,582
Previous Close 93.14
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 3.44
Regular Market Change Percent 3.69337
Regular Market Day High 97.47
Regular Market Day Low 96.06
Regular Market Day Range 96.06 - 97.47
Regular Market Open 96.07
Regular Market Previous Close 93.14
Regular Market Price 96.58
Regular Market Time 1,784,059,200
Regular Market Volume 20,865
Short Name Direxion Daily Brazil Bull 2X E
Source Interval 15
Symbol BRZU
Three Year Average Return 0.0741465
Total Assets 94,106,408
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 12.001134
Trailing Peg Ratio None
Trailing Three Month Nav Returns -19.9315
Trailing Three Month Returns -19.9315
Triggerable 1
Two Hundred Day Average 94.2402
Two Hundred Day Average Change 2.3398056
Two Hundred Day Average Change Percent 0.024828106
Type Disp ETF
Volume 20,865
Yield 0.02
Ytd Return 12.46459