ETF Spotlight on WisdomTree Dreyfus Brazilian Real (BZF), part of a weekly series.Assets: $97 million


BZF typically invests in a combination of U.S. money market securities with forward currency contracts as well as currency swaps. Like all of WisdomTree’s currency funds, it is not a money market fund.


BZF seeks to achieve the total returns that reflect money market rates in Brazil and the changes in value of the Brazilian real relative to the U.S. dollar.

Of Note

  • BZF is one of the top-performing currency ETFs year-to-date, up 24.3%
  • Brazil is still considered an emerging market, so its currency can be subject to high volatility
  • The expense ratio is 0.45%

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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.