How to invest in Brazil using ETFs

How do I invest in Brazilian stocks?

The easiest way to invest in the whole Brazilian stock market is to invest in a broad market index. This can be done at low cost by using ETFs.

On the Brazilian stock market you'll find 1 index which is tracked by ETFs.

Alternatively, you may consider investing in the Latin American stock market.

0.74% p.a.
annual total expense ratio (TER) of Brazil ETFs
on the Brazilian stock market, which is tracked by ETFs
on the Brazilian stock market
 
The best indices for Brazil ETFs

Performance of Brazilian stocks (MSCI Brazil)

1 month: 6.56%
1 year: 27.92%
3 years: 20.76%
5 years: 39.26%
 

Indices in comparison

The best indices for ETFs on Brazil

For an investment in the Brazilian stock market, there is 1 index available which is tracked by 1 ETF. On the MSCI Brazil index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is around 0.74% p.a..

Index Investment focus Number of ETFs Number of constituents Short description

MSCI Brazil

Brazil 1 ETF 45
(28/11/2025)
The MSCI Brazil index tracks the largest and most liquid Brazilian stocks.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI Brazil UCITS ETF (Dist)IE00B0M63516 329 0.74% p.a. Distributing Ireland Full replication
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Brazil 7.89% 14.94% 23.37% 25.76% 18.29%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
MSCI Brazil 35.71% -24.14% 25.39% 22.23% -15.85%

Source: justETF.com; As of 30/11/2025; Calculations in EUR based on the largest ETF of the respective index.

 

The best Brazil ETFs
by 1 year return

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The cheapest Brazil ETFs
by total expense ratio (TER)

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Alternative investment opportunities

Latin America indices with a large share of Brazil

Besides Brazilian ETFs, there are a number of ETFs on the Latin American stock markets with Brazil exposure. In total, you can invest in 1 Latin American index tracked by 1 ETF. The total expense ratio (TER) of ETFs on Latin America is around 0.20% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI Emerging Markets Latin America 10/40 Latin America
Brazil: 58.97%
(30/11/2022)
1 ETF 85
(28/11/2025)
The MSCI Emerging Markets Latin America 10/40 index tracks the equity markets of emerging markets in Latin America. The imbedded 10/40 rule limits the weight of a single company to 10% of the index. The sum of all companies with weights between 5% and 10% is limited to 40%.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI EM Latin America UCITS ETF (Dist)IE00B27YCK28 980 0.20% p.a. Distributing Ireland Optimized sampling
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Emerging Markets Latin America 10/40 6.00% 14.89% 22.38% 31.26% 27.95%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
MSCI Emerging Markets Latin America 10/40 37.76% -22.38% 29.12% 15.48% -3.47%

Source: justETF.com; As of 30/11/2025; Calculations in EUR based on the largest ETF of the respective index.