Direxion Daily MSCI Brazil Bull 2X Shares
BRZU

$63.40

1.93%

Market Cap: 105M

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

20.01% less ownership

Funds ownership: 30.32% [Q4 2023] → 10.31% (-20.01%) [Q1 2024]

27% less funds holding

Funds holding: 15 [Q4 2023] → 11 (-4) [Q1 2024]

50% less call options, than puts

Call options by funds: $4.19M | Put options by funds: $8.36M

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

53% less capital invested

Capital invested by funds: $21.1M [Q4 2023] → $9.84M (-$11.2M) [Q1 2024]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for BRZU.

See Analyst Rankings

Financial journalist opinion

BRZU: Signs Begin To Improve

The likely start of interest rate cuts in America should benefit assets around the world, such as Brazil. Brazil's political noise is expected to decrease in the second half of 2024, benefiting investments. The Big Mac index points to a major devaluation of the Brazilian currency.

BRZU: Signs Begin To Improve

Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures

Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.

Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures

This Leveraged Brazil ETF Is Up 40% as Economy Grows

With the anticipation of rate cuts, the expectation that the U.S. dollar will fall is also an appended byproduct. That should fuel bullish opportunities in emerging markets (EM), including Brazil, whose equites are experiencing year-over-year growth.

This Leveraged Brazil ETF Is Up 40% as Economy Grows

Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.

Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets

See News Rankings