Investing in Brazil
Brazil has the largest stock exchange in Latin America (B3). The Ibovespa index is dominated by commodities (Petrobras, Vale), banks (Itaú, Bradesco) and a few industrials such as WEG and Embraer.
The Brazilian real is one of the most volatile currencies in the region, so the result for a foreign investor depends heavily on the exchange rate. Several of its companies also trade as ADRs in New York.
We track 70 assets from Brazil; the average return over the last year was 32.2% in local currency. In the optimizer, prices can be converted to your currency to include currency risk.
Sample portfolio
PETR3.SA, PBR, PETR4.SA, PBR-A, ITUB4.SA, EWZ
Top stocks
| Asset | 1 year | 1Y return | Volatility | Market cap | |
|---|---|---|---|---|---|
Petróleo Brasileiro S.A. - PetrobrasPETR3.SA · Stock · Energy | +118.2% | 31% | US$163.2B | ||
Petrobras ON (ADR)PBR · ADR · Energy | +123.5% | 35% | US$162.0B | ||
Petróleo Brasileiro S.A. - PetrobrasPETR4.SA · Stock · Energy | +110.2% | 29% | US$155.5B | ||
Petrobras PN (ADR)PBR-A · ADR · Energy | +113.5% | 34% | US$154.6B | ||
Itaú Unibanco Holding S.A.ITUB4.SA · Stock · Financials | +41.5% | 27% | US$105.9B | ||
Itaú Unibanco (ADR)ITUB · ADR · Financials | +49.9% | 36% | US$105.1B | ||
Nu Holdings (Nubank)NU · ADR · Financials | -3.0% | 43% | US$71.4B | ||
Banco BTG Pactual S.A.BPAC11.SA · Stock · Financials | +72.9% | 40% | US$53.1B | ||
Vale S.A.VALE3.SA · Stock · Materials | +9.0% | 27% | US$52.7B | ||
Vale (ADR)VALE · ADR · Materials | +15.7% | 33% | US$52.5B | ||
Ambev S.A.ABEV3.SA · Stock · Consumer Staples | +48.3% | 26% | US$51.3B | ||
Ambev (ADR)ABEV · ADR · Consumer Staples | +50.9% | 33% | US$50.8B | ||
Banco Bradesco S.A.BBDC4.SA · Stock · Financials | +25.2% | 30% | US$45.3B | ||
Bradesco (ADR)BBD · ADR · Financials | +28.7% | 40% | US$44.6B | ||
WEG S.A.WEGE3.SA · Stock · Industrials | +16.2% | 30% | US$37.2B | ||
Itaúsa S.A.ITSA4.SA · Stock · Industrials | +53.5% | 28% | US$34.3B | ||
Banco Santander (Brasil) S.A.SANB11.SA · Stock · Financials | +5.1% | 32% | US$29.6B | ||
AXIA Energia SAAXIA3.SA · Stock · Utilities | +11.6% | 38% | US$27.0B | ||
Banco do Brasil S.A.BBAS3.SA · Stock · Financials | +18.8% | 32% | US$27.0B | ||
Klabin S.A.KLBN11.SA · Stock · Materials | +12.0% | 21% | US$25.7B | ||
B3 S.A. - Brasil, Bolsa, BalcãoB3SA3.SA · Stock · Financials | +95.8% | 42% | US$22.7B | ||
Companhia de Saneamento Básico do Estado de São Paulo - SABESPSBSP3.SA · Stock · Utilities | +29.0% | 30% | US$22.1B | ||
Sabesp (ADR)SBS · ADR · Utilities | +29.5% | 38% | US$21.9B | ||
Telefônica Brasil S.A.VIVT3.SA · Stock · Communication Services | +6.9% | 27% | US$20.9B | ||
Telefônica Brasil (ADR)VIV · ADR · Communication Services | +12.5% | 32% | US$20.7B | ||
Santander Brasil (ADR)BSBR · ADR · Financials | +6.2% | 35% | US$20.5B | ||
Rede D'Or São Luiz S.A.RDOR3.SA · Stock · Health Care | +15.0% | 34% | US$18.8B | ||
BB Seguridade Participações S.A.BBSE3.SA · Stock · Financials | +50.1% | 20% | US$16.4B | ||
XP IncXP · ADR · Financials | +77.8% | 56% | US$14.8B | ||
Embraer (ADR)EMBJ · ADR · Industrials | +11.3% | 41% | US$12.4B |
ETFs
| Asset | 1 year | 1Y return | Volatility | Market cap | |
|---|---|---|---|---|---|
iShares MSCI BrazilEWZ · ETF · Country ETF | +44.9% | 29% | US$8.6B |
Disclaimer: Educational and simulation tool. It is not investment advice or a personalized recommendation. Past performance does not guarantee future results.