BRF
VanEck Brazil Small-Cap ETF
BRF
VanEck Brazil Small-Cap ETF
-
NAV$12.64
as of February 21, 2025 -
YTD RETURNS14.02%
as of February 21, 2025 -
Total Net Assets$17.06M
as of February 21, 2025 -
Gross Expense Ratio1.09%
-
Net Expense Ratio0.70%
-
Inception Date05/12/2009
Fund Description
VanEck Brazil Small-Cap ETF (BRF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Brazil Small-Cap Index (MVBRFTR), which includes securities of small capitalization companies that are incorporated in Brazil or that are incorporated outside of Brazil but have at least 50% of their revenues/related assets in Brazil.
Overview
Fund Highlights
- Small Cap Focus
Small caps may offer greater exposure to domestic growth, less exposure to global cyclicals
- Largest Economy in Latin America
Brazil has a vibrant economy with favorable demographics; nearly 40% of the population are under the age of 25
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Brazil to be added to the index
Performance
Fees
Holdings
Portfolio
Sector Weightings (%) as at 01/31/2025
-
Sector
% of Net Assets -
Consumer Discretionary
24.41 -
Industrials
18.53 -
Energy
11.29 -
Materials
9.73 -
Consumer Staples
9.17 -
Financials
8.84 -
Utilities
7.49 -
Health Care
3.90 -
Real Estate
3.16 -
Information Technology
2.51 -
Communication Services
0.88 -
n/a
0.00 -
Other/Cash
0.09
Country Weightings (%) as at 01/31/2025
-
Country
% of Net Assets -
Brazil
91.63 -
Japan
2.80 -
United States
1.10 -
United Kingdom
0.88 -
Libya
0.88 -
Germany
0.72 -
Israel
0.70 -
Italy
0.69 -
Chile
0.50 -
Australia
0.00 -
Other/Cash
0.09
Distributions
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 0.4483 | -- | -- | -- | $ 0.45 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | $ 0.8824 | -- | -- | -- | $ 0.88 |
| 2022 | 12/19/2022 | 12/20/2022 | 12/23/2022 | $ 0.5553 | -- | -- | $ 0.0018 | $ 0.56 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | $ 0.4877 | -- | -- | -- | $ 0.49 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.3529 | -- | -- | -- | $ 0.35 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 0.6972 | -- | -- | -- | $ 0.70 |
| 2018 | 12/27/2018 | 12/28/2018 | 01/03/2019 | $ 0.0680 | -- | -- | -- | $ 0.07 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $ 0.5110 | -- | -- | -- | $ 0.51 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 1.0630 | -- | -- | -- | $ 1.06 |
| 2016 | 12/19/2016 | 12/21/2016 | 12/23/2016 | $ 0.6760 | -- | -- | -- | $ 0.68 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | $ 0.3990 | -- | -- | -- | $ 0.40 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 0.8920 | -- | -- | -- | $ 0.89 |
| 2013 | 12/27/2013 | 12/31/2013 | 01/03/2014 | $ 0.0180 | -- | -- | -- | $ 0.02 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | $ 0.5300 | -- | -- | -- | $ 0.53 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 0.6160 | -- | $ 0.0250 | -- | $ 0.64 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | $ 1.1180 | $ 0.1970 | $ 3.8170 | -- | $ 5.13 |
| 2010 | 12/23/2010 | 12/28/2010 | 12/30/2010 | $ 0.7840 | $ 1.5500 | $ 1.2410 | -- | $ 3.58 |
| 2009 | 12/23/2009 | 12/28/2009 | 12/30/2009 | $ 0.1990 | $ 0.2520 | -- | -- | $ 0.45 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.