VanEck Vectors Brazil Small-Cap ETF BRF The product follows the VanEck Vectors Brazil Small-Cap Index. Click to get this free report ISHARS-BRAZIL (EWZ): ETF Research Reports ISHARS-MS BR SC (EWZS): ETF Research Reports GLBL-X BRZL CON (BRAQ): ETF Research Reports VANECK-BRZL SC (BRF): ETF Research Reports To read this article on Zacks.com click here. In view of cooling inflation (which was once sky-high) and soft economic growth, Brazil embarked on an aggressive policy easing cycle.