Depending on one’s point of view, BZF could be an interesting play. With the real sitting near four-year lows against the greenback, a case can be made that the currency and ETF are due for a bounce. The other side of the argument is that Brazil’s economy is grappling with high inflation, rising unemployment and falling commodities, a confluence of factors that could keep pressuring the real and Brazilian equities.
WisdomTree Brazilian Real Fund
ETF Trends editorial team contributed to this post.