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Morningstar

Global X Brazil Active ETF BRAZ

Morningstar Medalist Rating
Medalist Rating as of | See Global X Investment Hub

Morningstar’s Analysis BRAZ

Will BRAZ outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BRAZ’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BRAZ management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BRAZ’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Global X Brazil Active ETF's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BRAZ

More BRAZ Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 60.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Petroleo Brasileiro SA Petrobras ADR

10.57 352,748
Energy

Vale SA ADR

9.78 326,434
Basic Materials

Itau Unibanco Holding SA ADR

8.55 285,588
Financial Services

PRIO SA

5.86 195,743
Energy

Bank Bradesco SA ADR

5.45 182,099
Financial Services

Itausa Investimentos ITAU SA Participating Preferred

4.58 153,041
Industrials

Localiza Rent A Car SA

4.32 144,251
Industrials

3R Petroleum Oleo E Gas SA Ordinary Shares

3.98 132,871
Energy

Centrais Eletricas Brasileiras SA ADR

3.73 124,415
Utilities

Banco BTG Pactual S.A. Units Cons of 1 Sh ' 2 Pfd Shs -A-

3.62 120,995
Financial Services