Global X Brazil Active ETF (BRAZ) Holdings
BRAZ holdings summary
as of Oct 25, 2026- Holdings
- 24 positions listed
- Top 10 weight
- 73.7% of net assets
- Effective holdings
- 12 equal-weight equivalent
- Largest holding
- PBR 17.68% Petróleo Brasileiro S.A. - Petrobras
- Annual turnover
- — of the portfolio traded
All BRAZ holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | PBR | Petróleo Brasileiro S.A. - Petrobras | Energy | 17.68% | $2.1M | $167.55B | 6.6 |
| 2 | ITUB | Itaú Unibanco Holding S.A. | Financial Services | 11.46% | $1.4M | $104.05B | 12.1 |
| 3 | NU | Nu Holdings Ltd. | Financial Services | 10.27% | $1.2M | $70.33B | 19.9 |
| 4 | VALE | Vale S.A. | Basic Materials | 6.32% | $749,096.41 | $55.58B | 26.1 |
| 5 | BPAC11 | Banco BTG Pactual S.A. | Financial Services | 6.05% | $716,712.47 | — | — |
| 6 | B3SA3 | B3 S.A. - Brasil Bolsa Balcão | Financial Services | 4.55% | $539,045.13 | — | — |
| 7 | EBR | Centrais Electricas Brasileiras SA | Utilities | 4.51% | $534,968.99 | — | — |
| 8 | ITSA4 | Itaúsa - Investimentos Itaú SA | Industrials | 4.48% | $531,224.63 | — | — |
| 9 | BBD | Banco Bradesco S.A. | Financial Services | 4.38% | $518,688.15 | $44.26B | 12.8 |
| 10 | ELPC | Companhia Paranaense de Energia - COPEL | Utilities | 3.97% | $470,568.43 | $10.37B | 17.2 |
| 11 | WEGE3 | WEG S.A. | Industrials | 3.51% | $416,393.76 | — | — |
| 12 | XP | XP Inc. | Financial Services | 2.74% | $324,929.56 | $14.83B | 15.3 |
| 13 | RADL3 | Raia Drogasil S.A | Healthcare | 2.34% | $277,094.22 | — | — |
| 14 | PRIO3 | Petro Rio S.A. | Energy | 2.29% | $270,790.43 | — | — |
| 15 | ERJ | Embraer SA ADR | Industrials | 2.17% | $256,642.45 | — | — |
| 16 | RENT3 | Localiza Rent a Car S.A | Industrials | 2.15% | $254,865.07 | — | — |
| 17 | EQTL3 | Equatorial Energia S.A | Utilities | 1.93% | $228,168.75 | — | — |
| 18 | ERO | Ero Copper Corp | Basic Materials | 1.47% | $174,633.94 | — | — |
| 19 | DIRR3 | Direcional Engenharia S.A. | Real Estate | 1.40% | $165,427.09 | — | — |
| 20 | VBBR3 | Vibra Energia S.A. | Consumer Cyclical | 1.16% | $137,190.37 | — | — |
| 21 | MULT3 | Multiplan Empreendimentos Imobiliários S.A | Real Estate | 1.02% | $121,134.67 | — | — |
| 22 | ORA | Aura Minerals Inc | Basic Materials | 0.86% | $101,690.08 | — | — |
| 23 | WPM | Wheaton Precious Metals Corp | Basic Materials | 0.73% | $87,020.74 | — | — |
| 24 | MELI | MercadoLibre, Inc. | Consumer Cyclical | 0.46% | $54,091.73 | $92.98B | 50.5 |
Weights as a percentage of net assets. Value held = weight × net assets ($11.8M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
BRAZ sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 39.4% | 6 | ITUB, NU, BPAC11 |
| Energy | 20.0% | 2 | PBR, PRIO3 |
| Industrials | 12.3% | 4 | ITSA4, WEGE3, ERJ |
| Utilities | 10.4% | 3 | EBR, ELPC, EQTL3 |
| Basic Materials | 9.4% | 4 | VALE, ERO, ORA |
| Real Estate | 2.4% | 2 | DIRR3, MULT3 |
| Healthcare | 2.3% | 1 | RADL3 |
| Consumer Cyclical | 1.6% | 2 | VBBR3, MELI |
Sum of the weights of the holdings in each sector.
BRAZ top industries
BRAZ overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.4% | 18 of 8,035 | 0.05% |
| QQQ | Invesco QQQ ETF | 0.4% | 1 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.2% | 1 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 1 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the BRAZ portfolio
Global X Brazil Active ETF holds 24 positions. The ten largest make up 73.7% of the fund, so it behaves like a portfolio of about 12 equally weighted stocks. The biggest positions are Petróleo Brasileiro S.A. - Petrobras (17.68%), Itaú Unibanco Holding S.A. (11.46%), Nu Holdings Ltd. (10.27%), Vale S.A. (6.32%), Banco BTG Pactual S.A. (6.05%).
By sector, Financial Services is 39.4%, Energy is 20.0%, Industrials is 12.3%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: BRAZ chart, BRAZ performance, BRAZ dividends, BRAZ overview.
BRAZ holdings FAQ
How many holdings does BRAZ have?
BRAZ holds 24 positions as of October 25, 2026.
What are the top 10 holdings of BRAZ?
The ten largest holdings are Petróleo Brasileiro S.A. - Petrobras (17.68%), Itaú Unibanco Holding S.A. (11.46%), Nu Holdings Ltd. (10.27%), Vale S.A. (6.32%), Banco BTG Pactual S.A. (6.05%), B3 S.A. - Brasil Bolsa Balcão (4.55%), Centrais Electricas Brasileiras SA (4.51%), Itaúsa - Investimentos Itaú SA (4.48%), Banco Bradesco S.A. (4.38%), Companhia Paranaense de Energia - COPEL (3.97%). Together they are 73.7% of the fund.
What percentage of BRAZ is Petróleo Brasileiro S.A. - Petrobras?
Petróleo Brasileiro S.A. - Petrobras is the largest holding at 17.68% of net assets, about $2.1M of the fund's $11.8M.
Which sector is the largest in BRAZ?
Financial Services is the largest sector at 39.4%, followed by Energy (20.0%) and Industrials (12.3%), based on the sectors of the individual holdings.
How concentrated is BRAZ?
The top 10 holdings are 73.7% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) BRAZ behaves like a portfolio of about 12 equally weighted stocks.