Traders with an appetite for even more risk can consider the Direxion Daily Brazil 3x Bear Shares (NYSEArca: BRZS), which attempts to deliver three times the daily inverse performance of the performance of the MSCI Brazil 25-50 Index.

BRZS is up 55.4% since its May 2013 debut, making it one of the top-performing Direxion triple-leveraged bearish ETFs over that time.

ProShares UltraShort MSCI Brazil Capped

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM.