However, the EGShares Brazil Infrastructure Index Fund (NYSEArca: BRXX) has not been benefited from the increased infrastructure spending. BRXX is down 19.1% over the past year and is still down 3.4% year-to-date.
The broad iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) has increased 17.3% over the past month and is up 5.8% year-to-date. EWZ includes a 28.7% weight in Brazilian financial sector and 5.7% in industrial stocks. [Brazil ETFs Standout in Emerging Markets]
Global X Brazil Financials ETF
For more information on Brazil, visit our Brazil category.