On an annualized basis, Brazil’s GDP rose 2.4% in the third quarter, or well below the 4.7% forecast, making Brazil the worst performer among the BRIC group, which includes Russia, India and China. In comparison, the U.S. added 2.7% in the third quarter. [Can Brazil ETF Catch Up to the BRICs?]
Finance Minister Guido Mantega expects the economy to expand 1% in the fourth quarter.
Other Brazil ETFs include:
- First Trust Brazil AlphaDEX Fund (NYSEArca: FBZ)
- Global X Brazil Mid Cap ETF (NYSEArca: BRAZ)
- Market Vectors Brazil Small-Cap ETF (NYSEArca: BRF)
- MSCI Brazil Small Cap Index Fund (NYSEArca: EWZS)
iShares MSCI Brazil Index Fund
For more information on Brazil, visit our Brazil category.
Max Chen contributed to this article.