How to invest in Brazil using ETFs
How do I invest in Brazilian stocks?
The easiest way to invest in the whole Brazilian stock market is to invest in a broad market index. This can be done at low cost by using ETFs.
On the Brazilian stock market you'll find 2 indices which are tracked by ETFs.
Alternatively, you may consider investing in the Latin American stock market.
0.19% p.a. - 0.74% p.a.
annual total expense ratio (TER) of Brazil ETFs
2 Indices
on the Brazilian stock market, which are tracked by ETFs
7 ETFs
on the Brazilian stock market
Performance of Brazilian stocks (MSCI Brazil)
1 month: -4.43%
1 year: 23.94%
3 years: 35.54%
5 years: -0.59%
Indices in comparison
The best indices for ETFs on Brazil
For an investment in the Brazilian stock market, there are 2 indices available which are tracked by 7 ETFs. On the FTSE Brazil 30/18 Capped index there is 1 ETF. On the MSCI Brazil index there are 6 ETFs. The total expense ratio (TER) of ETFs on these indices is between 0.19% p.a. and 0.74% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
FTSE Brazil 30/18 Capped | Brazil | 1 ETF | 89 (30.11.22) | The FTSE Brazil 30/18 Capped index tracks Brazilian companies with large and medium market capitalisation. The largest company in the index is limited to a maximum of 30 percent of the index capitalization, all other index components to a maximum of 18 percent. Index factsheet |
MSCI Brazil | Brazil | 6 ETFs | 48 (29.02.24) | The MSCI Brazil index tracks the largest and most liquid Brazilian stocks. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI Brazil UCITS ETF (DE) USD (Acc)DE000A0Q4R85 | 2,835 | 0.31% p.a. | Accumulating | Germany | Full replication | |
| Amundi MSCI Brazil UCITS ETF AccLU1900066207 | 416 | 0.65% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| iShares MSCI Brazil UCITS ETF (Dist)IE00B0M63516 | 313 | 0.74% p.a. | Distributing | Ireland | Full replication | |
| Xtrackers MSCI Brazil UCITS ETF 1CLU0292109344 | 75 | 0.25% p.a. | Accumulating | Luxembourg | Full replication | |
| Franklin FTSE Brazil UCITS ETFIE00BHZRQY00 | 34 | 0.19% p.a. | Accumulating | Ireland | Full replication | |
| HSBC MSCI Brazil UCITS ETF USDIE00B5W34K94 | 21 | 0.50% p.a. | Distributing | Ireland | Full replication | |
| Amundi MSCI Brazil UCITS ETF USD (C)LU1437024992 | 6 | 0.55% p.a. | Accumulating | Luxembourg | Unfunded swap |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Brazil | -0.29% | 2.50% | 6.78% | 25.95% | 51.03% | |
| FTSE Brazil 30/18 Capped | -0.24% | 2.89% | 7.15% | 26.74% | 51.06% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Brazil | -3.79% | 28.36% | 20.11% | -11.25% | -26.80% | |
| FTSE Brazil 30/18 Capped | -3.38% | 27.86% | 18.19% | -9.41% | -26.61% |
Source: justETF.com; As of 29.02.24; Calculations in EUR based on the largest ETF of the respective index.
The best Brazil ETFs
by 1 year return
| 1 | Franklin FTSE Brazil UCITS ETF | 26.74% |
| 2 | iShares MSCI Brazil UCITS ETF (DE) USD (Acc) | 25.95% |
| 3 | Amundi MSCI Brazil UCITS ETF Acc | 25.62% |
Show all
The cheapest Brazil ETFs
by total expense ratio (TER)
| 1 | Franklin FTSE Brazil UCITS ETF | 0.19% p.a. |
| 2 | Xtrackers MSCI Brazil UCITS ETF 1C | 0.25% p.a. |
| 3 | iShares MSCI Brazil UCITS ETF (DE) USD (Acc) | 0.31% p.a. |
Show all
Compare all ETFs on Brazil
Chart comparisonBrazil ETFs in a line chart
Return comparisonBrazil ETFs in a bar chart
Risk comparisonBrazil ETFs in a bubble chart
Alternative investment opportunities
Latin America indices with a large share of Brazil
Besides Brazilian ETFs, there are a number of ETFs on the Latin American stock markets with Brazil exposure. In total, you can invest in 2 Latin American indices tracked by 4 ETFs. The total expense ratio (TER) of ETFs on Latin America is between 0.20% p.a. and 0.60% p.a..
- Indices
- ETFs
| Index | Investment focus | Number of ETFs | Number of constituents | Short description |
|---|---|---|---|---|
| MSCI Emerging Markets Latin America | Latin America Brazil: 61.03% (30/11/2022) | 3 ETFs | 90 (29.02.24) | The MSCI Emerging Markets Latin America index tracks the equity markets of emerging markets in Latin America. Index factsheet |
| MSCI Emerging Markets Latin America 10/40 | Latin America Brazil: 58.97% (30/11/2022) | 1 ETF | 90 (29.02.24) | The MSCI Emerging Markets Latin America 10/40 index tracks the equity markets of emerging markets in Latin America. The imbedded 10/40 rule limits the weight of a single company to 10% of the index. The sum of all companies with weights between 5% and 10% is limited to 40%. Index factsheet |
| ETF ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| iShares MSCI EM Latin America UCITS ETF (Dist)IE00B27YCK28 | 341 | 0.20% p.a. | Distributing | Ireland | Optimized sampling | |
| Amundi MSCI Emerging Markets Latin America UCITS ETF EUR (C)LU1681045024 | 332 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| Amundi MSCI Emerging Markets Latin America UCITS ETF USDLU1681045297 | 278 | 0.20% p.a. | Accumulating | Luxembourg | Unfunded swap | |
| HSBC MSCI EM Latin America UCITS ETF USDIE00B4TS3815 | 32 | 0.60% p.a. | Distributing | Ireland | Full replication |
- Cumulative
- Calendar year
| Index | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets Latin America | -0.61% | 4.80% | 5.75% | 19.50% | 54.92% | |
| MSCI Emerging Markets Latin America 10/40 | -0.44% | 4.62% | 5.32% | 20.10% | 54.61% |
| Index | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| MSCI Emerging Markets Latin America 10/40 | -3.35% | 29.12% | 15.48% | -3.47% | -19.49% | |
| MSCI Emerging Markets Latin America | -3.02% | 27.80% | 15.89% | -1.73% | -21.48% |
Source: justETF.com; As of 29.02.24; Calculations in EUR based on the largest ETF of the respective index.
