BRZU vs UBR
Direxion Daily MSCI Brazil Bull 2X ETF vs ProShares Ultra MSCI Brazil Capped
Which is better, BRZU or UBR?
Nearly the same fund. UBR costs less.
UBR has a lower expense ratio. BRZU led over 1Y, 3Y and 5Y, UBR over the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BRZU | UBR |
|---|---|---|
| Expense Ratio | 1.22% | 0.95%Best |
| AUM | $152M | $4M |
| Dividend Yield | 2.02% | 1.68% |
| Holdings | 16 | 5 |
| YTD Return | +60.06%Best | +59.74% |
| 1Y Return | +104.67%Best | +103.26% |
| 3Y Return (annualized) | +22.30%Best | +22.01% |
| 5Y Return (annualized) | +13.88%Best | +12.49% |
| Volatility (annualized) | 84.5% | 63.9%Best |
| Max Drawdown | - | -93.7% |
| $10,000 over 5 years | $19,153Best | $18,012 |
| Fund Family | Direxion Shares ETF Trust | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Apr 10, 2013 | Apr 27, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 10, 2013 to Oct 14, 2026 (13.5 years).
BRZU vs UBR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13.5 years both funds cover.
BRZU vs UBR Performance
Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) is an ETF from Direxion Shares ETF Trust and ProShares Ultra MSCI Brazil Capped (UBR) is an ETF from ProShares. Over the past year BRZU returned +104.67% while UBR returned +103.26%. Year to date, BRZU is up 60.06% versus a gain of 59.74% for UBR.
Over three years, BRZU compounded at +22.30% per year against +22.01% for UBR; over five years the annualized figures are +13.88% and +12.49% respectively. Across the full 14-year window we track, UBR has the edge at -10.50% annualized vs -28.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BRZU has been the more volatile fund, with annualized monthly volatility of 84.5% compared with 63.9% for UBR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BRZU charges 1.22% per year while UBR charges 0.95%. On a $10,000 position that is $122 vs $95 annually, a gap of $27 per year that compounds over a long holding period. On income, BRZU currently yields 2.02% against 1.68% for UBR.
You are not choosing between two funds in isolation.
Whichever of BRZU and UBR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BRZU or UBR?
BRZU has an expense ratio of 1.22% while UBR charges 0.95%. UBR is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, BRZU or UBR?
Over the past year BRZU returned +104.67% vs +103.26% for UBR, so BRZU leads on 1-year performance. Over the longest common window we track (14 years), BRZU annualized -28.45% vs -10.50% for UBR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BRZU or UBR?
BRZU has been the more volatile fund at 84.5% annualized versus 63.9% for UBR.
Should I hold both BRZU and UBR?
BRZU and UBR have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BRZU or UBR?
BRZU yields 2.02% while UBR yields 1.68%, so BRZU currently pays the higher dividend yield.
Is UBR better than BRZU?
UBR has a lower expense ratio. BRZU led over 1Y, 3Y and 5Y, UBR over the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.