To be precise, EWZ is up 13.7% this year, a performance that is an average of 450 basis points superior to the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and the iShares MSCI Emerging Markets ETF (NYSEArca: EEM), the two largest emerging markets ETFs.

Since the start of the second quarter, EWZ has pulled in $156 million in new assets. Last year, the ETF was one of the 10 worst in terms of outflows with $3.6 billion in lost assets.

iShares MSCI Brazil Capped ETF

Chart Courtesy: Captain John Charts

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