BRF vs GSIB

Comparison between VANECK BRAZIL SMALL-CAP ETF (BRF, ETF) and THEMES GLOBAL SYSTEMICALLY IMPORTANT BANKS ETF (GSIB, ETF).

BRF vs GSIB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BRF(ETF)	GSIB(ETF)
Net Assets	$26M	$26M
Expense Ratio	0.60%	0.35%
Max Drawdown	86.58%	17.71%
Sharpe Ratio	0.61	1.95
5Y Beta	0.79	0.89
P/E Ratio	N/A	13.50
Forward P/E	N/A	12.64
PEG Ratio	N/A	0.62
5Y Dividends CAGR	4.96%	N/A
5Y EPS CAGR	N/A	15.71%
Debt to Equity	N/A	133.29%
P/S Ratio	N/A	0.12
P/B Ratio	N/A	1.58

Net Assets

BRF

$26M

GSIB

$26M

Expense Ratio

BRF

0.60%

Winner

GSIB

0.35%

Max Drawdown

BRF

86.58%

Winner

GSIB

17.71%

Sharpe Ratio

BRF

0.61

Winner

GSIB

1.95

5Y Beta

Winner

BRF

0.79

GSIB

0.89

P/E Ratio

BRF

N/A

GSIB

13.50

Forward P/E

BRF

N/A

GSIB

12.64

PEG Ratio

BRF

N/A

GSIB

0.62

5Y Dividends CAGR

BRF

4.96%

GSIB

N/A

5Y EPS CAGR

BRF

N/A

GSIB

15.71%

Debt to Equity

BRF

N/A

GSIB

133.29%

P/S Ratio

BRF

N/A

GSIB

0.12

P/B Ratio

BRF

N/A

GSIB

1.58

BRF vs GSIB - Holdings Comparison

BRF and GSIB have 1 common holdings. Overlap is -0.42%

BRF's top 25 holdings weight is 57.35%. GSIB's top 25 holdings weight is 90.54%.

Rank	BRF	GSIB
#1	n/a (n/a) - 3.98%	STATE STREET CORP (STT) - 4.10%
#2	BRAVA ENERGIA SA ORDINARY SHARES (n/a) - 3.20%	STANDARD CHARTERED PLC ADR (SCBFY) - 4.02%
#3	CYRELA BRAZIL REALTY SA EMPREEND E PART (n/a) - 2.97%	UBS GROUP AG REGISTERED SHARES (n/a) - 3.98%
#4	n/a (n/a) - 2.95%	MORGAN STANLEY (MS) - 3.89%
#5	n/a (n/a) - 2.73%	BANK OF NEW YORK MELLON CORP (BNY) - 3.83%
#6	n/a (n/a) - 2.72%	THE GOLDMAN SACHS GROUP INC (GS) - 3.75%
#7	MARCOPOLO SA PARTICIPATING PREFERRED (n/a) - 2.54%	THE TORONTO-DOMINION BANK (n/a) - 3.74%
#8	SIGMA LITHIUM CORP (n/a) - 2.54%	ROYAL BANK OF CANADA (RY) - 3.72%
#9	FLEURY SA (n/a) - 2.53%	ING GROEP NV ADR (ING) - 3.66%
#10	ITURAN LOCATION AND CONTROL LTD (ITRN) - 2.38%	HSBC HOLDINGS PLC ADR (HSBC) - 3.64%
#11	COGNAEDUCACAO SA (n/a) - 2.25%	MITSUBISHI UFJ FINANCIAL GROUP INC ADR (MUFG) - 3.64%
#12	n/a (n/a) - 2.21%	AGRICULTURAL BANK OF CHINA LTD CLASS H (n/a) - 3.62%
#13	AUREN ENERGIA SA (n/a) - 2.17%	SUMITOMO MITSUI FINANCIAL GROUP INC ADR (SMFG) - 3.60%
#14	DIRECIONAL ENGENHARIA SA (n/a) - 2.15%	CITIGROUP INC (C) - 3.57%
#15	ARCOS DORADOS HOLDINGS INC CLASS A (ARCO) - 2.12%	BARCLAYS PLC ADR (BCS) - 3.56%
#16	SYLVAMO CORP ORDINARY SHARES WHEN ISSUED (SLVM) - 2.11%	BANK OF CHINA LTD CLASS H (n/a) - 3.55%
#17	BRADESPAR SA PARTICIPATING PREFERRED (n/a) - 2.03%	BANCO SANTANDER SA ADR (SAN) - 3.48%
#18	KAROON ENERGY LTD (n/a) - 1.90%	MIZUHO FINANCIAL GROUP INC ADR (MFG) - 3.47%
#19	JHSF PARTICIPACOES SA (n/a) - 1.86%	BANK OF AMERICA CORP (BAC) - 3.45%
#20	n/a (n/a) - 1.78%	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 3.45%
#21	BRADSAUDE SA (n/a) - 1.73%	DEUTSCHE BANK AG (n/a) - 3.41%
#22	n/a (n/a) - 1.64%	BNP PARIBAS ADR (BNPQY) - 3.37%
#23	n/a (n/a) - 1.64%	INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD ADR (IDCBY) - 3.36%
#24	SLC AGRICOLA SA (n/a) - 1.63%	BANK OF COMMUNICATIONS CO LTD CLASS H (n/a) - 3.34%
#25	n/a (n/a) - 1.59%	JPMORGAN CHASE & CO (JPM) - 3.34%
Total Holdings	92	32

BRF vs GSIB - Historical Returns

Returns include dividend reinvestment.

Period	BRF	GSIB
1 month	-13.59%	+5.16%
3 months	-7.88%	+13.49%
6 months	+3.69%	+14.80%
1 year	+17.93%	+42.42%
5 years(CAGR)	-3.73%	N/A
10 years(CAGR)	+6.27%	N/A
Max(CAGR)	+1.67%	+42.92%

BRF

-13.59%

Winner

GSIB

+5.16%

BRF

-7.88%

Winner

GSIB

+13.49%

BRF

+3.69%

Winner

GSIB

+14.80%

BRF

+17.93%

Winner

GSIB

+42.42%

5Y(CAGR)

BRF

-3.73%

GSIB

N/A

10Y(CAGR)

BRF

+6.27%

GSIB

N/A

Max(CAGR)

BRF

+1.67%

Winner

GSIB

+42.92%

BRF vs GSIB - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	BRF	GSIB
2026	+3.18%	+8.21%
2025	+54.42%	+63.83%
2024	-32.46%	+33.32%
2023	+47.39%	+2.35%
2022	-10.42%	N/A
2021	-18.53%	N/A
2020	-22.59%	N/A
2019	+34.50%	N/A
2018	-14.38%	N/A
2017	+50.03%	N/A
2016	+66.64%	N/A
2015	-47.24%	N/A
2014	-23.08%	N/A
2013	-29.92%	N/A
2012	+14.92%	N/A
2011	-31.07%	N/A
2010	+21.42%	N/A
2009	+104.01%	N/A

BRF vs GSIB Drawdown Comparison

The maximum drawdown for BRF was -82.22%, occurring on Jan 21, 2016. This drawdown has not yet recovered.

The maximum drawdown for GSIB was -17.71%, occurring on Apr 8, 2025. Recovery took 33 trading sessions.

The current BRF drawdown is -49.60%. The current GSIB drawdown is -1.46%.

Rank	BRF	GSIB
#1	-82.22% Apr 21, 2011 - Jan 21, 2016	-17.71% Mar 25, 2025 - May 12, 2025
#2	-24.81% Jan 11, 2010 - Aug 17, 2010	-13.90% Feb 9, 2026 - May 6, 2026
#3	-15.50% Nov 4, 2010 - Apr 21, 2011	-9.47% Jul 17, 2024 - Aug 23, 2024
#4	-12.47% Oct 15, 2009 - Nov 9, 2009	-6.91% May 21, 2024 - Jul 15, 2024
#5	-10.76% Jun 11, 2009 - Jul 15, 2009	-5.75% Nov 12, 2025 - Dec 3, 2025
#6	-7.19% Dec 2, 2009 - Dec 31, 2009	-5.47% Sep 19, 2025 - Nov 5, 2025
#7	-6.69% Aug 21, 2009 - Sep 8, 2009	-5.41% Jan 8, 2024 - Feb 23, 2024
#8	-6.65% Oct 13, 2010 - Nov 3, 2010	-4.89% Apr 8, 2024 - Apr 23, 2024
#9	-6.10% Aug 5, 2009 - Aug 20, 2009	-4.60% Aug 27, 2024 - Sep 24, 2024
#10	-4.89% Jun 2, 2009 - Jun 11, 2009	-4.37% Mar 5, 2025 - Mar 18, 2025
#11	-3.40% Nov 9, 2009 - Nov 16, 2009	-4.26% Dec 9, 2024 - Jan 15, 2025
#12	-3.18% Sep 16, 2009 - Sep 30, 2009	-3.72% Jul 24, 2025 - Aug 8, 2025
#13	-3.11% Nov 17, 2009 - Nov 25, 2009	-3.27% Sep 26, 2024 - Oct 14, 2024
#14	-3.08% May 19, 2009 - May 26, 2009	-2.88% Aug 22, 2025 - Sep 10, 2025
#15	-2.44% Sep 30, 2009 - Oct 5, 2009	-2.46% Oct 18, 2024 - Nov 5, 2024

Correlation

Correlation between BRF and GSIB is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2009 - 2025)

BRF vs GSIB dividend yield comparison.

Year	BRF	GSIB
2025	5.54%	1.91%
2024	4.08%	1.67%
2023	5.02%	0.00%
2022	4.13%	0.00%
2021	2.96%	0.00%
2020	1.66%	0.00%
2019	2.54%	0.00%
2018	2.89%	0.00%
2017	4.53%	0.00%
2016	4.25%	0.00%
2015	3.84%	0.00%
2014	4.23%	0.00%
2013	1.85%	0.00%
2012	1.50%	0.00%
2011	11.02%	0.00%
2010	6.20%	0.00%
2009	0.91%	0.00%