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Global X Brazil Active ETF (BRAZ)
Look-through valuation · Global · ISIN US37960A5609
Price history (since 2023)
Monthly close since 2023. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Petroleo Brasileiro Petrobras SA ADR PBR | 15.1 % | −12.9 % | 70 |
| Nu Holdings Ltd NU | 11.9 % | −47.7 % | 58 |
| Itau Unibanco Banco Holding SA ITUB | 11.3 % | +27.5 % | 62 |
| Vale SA ADR VALE | 6.8 % | n/a | n/a |
| Banco Bradesco SA ADR BBD | 5.0 % | n/a | n/a |
| Itaúsa - Investimentos Itaú SA ITSA4 | 4.9 % | n/a | n/a |
| Banco BTG Pactual S.A. BPAC11 | 4.8 % | −55.2 % | 40 |
| Centrais Electricas Brasileiras SA EBR | 4.4 % | n/a | n/a |
| Companhia Paranaense de Energia - COPEL ELPC | 3.7 % | −33.1 % | 63 |
| B3 S.A. - Brasil Bolsa Balcão B3SA3 | 3.6 % | n/a | n/a |
| WEG S.A. WEGE3 | 3.4 % | n/a | n/a |
| Raia Drogasil S.A RADL3 | 2.3 % | n/a | n/a |
| Ero Copper Corp ERO | 2.3 % | n/a | n/a |
| Embraer SA ADR ERJ | 2.3 % | n/a | n/a |
| Petro Rio S.A. PRIO3 | 2.2 % | n/a | n/a |
| Equatorial Energia S.A EQTL3 | 1.9 % | n/a | n/a |
| Localiza Rent a Car S.A RENT3 | 1.8 % | n/a | n/a |
| Direcional Engenharia S.A. DIRR3 | 1.6 % | +68.2 % | 46 |
| MercadoLibre Inc. MELI | 1.5 % | −56.1 % | 49 |
| Suzano Papel e Celulose SA ADR SUZ | 1.3 % | n/a | n/a |
| Vibra Energia S.A. VBBR3 | 1.3 % | n/a | n/a |
| Aura Minerals Inc ORA | 1.3 % | n/a | n/a |
| Wheaton Precious Metals Corp WPM | 1.2 % | n/a | n/a |
| Multiplan Empreendimentos Imobiliários S.A MULT3 | 0.9 % | +27.0 % | 67 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 24 largest of 24 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +22.2 % below FV
- 2 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +17.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +9.8 % below FV
- 4 SHRY First Trust Bloomberg Shareholder Yield ETF +2.2 % below FV
- 5 COWZ Pacer US Cash Cows 100 ETF -0.3 % above FV
- 6 C001 Amundi Core DAX UCITS ETF Dist -2.4 % above FV
- 7 XLC Communication Services Select Sector SPDR® Fund -4.2 % above FV
- 8 EWP iShares MSCI Spain ETF -4.8 % above FV
- 9 FTXO First Trust Nasdaq Bank ETF -6.0 % above FV
- 10 KRE SPDR® S&P Regional Banking ETF -8.9 % above FV
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Global X Brazil Active ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 28, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.