ProShares UltraShort MSCI Brazil Capped Price & Performance (BZQ)

ProShares UltraShort MSCI Brazil Capped (BZQ) declared a quarterly distribution of $0.1011 per share, payable on April 1 to shareholders of record as of March 26. The ETF, which offers leveraged inverse exposure to Brazilian equities, continues its pattern of regular payouts despite recent market volatility.12

The ProShares UltraShort MSCI Brazil Capped (BZQ) and iShares MSCI Brazil ETF (EWZ) show sharply contrasting performances. BZQ has seen a -29.74% return year-to-date, while EWZ posted 16.88%. BZQ’s higher volatility and expense ratio make it riskier, but its negative correlation with EWZ offers diversification potential.34

Brazil ETFs expose investors to unique risks, including sector concentration, currency swings, and political instability. Large-cap ETFs often have higher state-owned company weights, while small-cap funds focus more on local businesses. Understanding these nuances is crucial for investors seeking to balance opportunity and risk in Brazilian markets.45