The Bovespa index is 5% up on a year ago, though it too has been falling pretty sharply in recent weeks, losing 20% of its value since the beginning of May.

巴西Bovespa指数尽管最近几周遭遇大跌，五月以来股市蒸发达20%，然而在去年一年里却上涨了5%.

youdao

Like its Mexican counterpart though, the Sao Paulo Stock Exchange's benchmark Bovespa index was 0.03% lower at 59, 253 points.

FORBES: Magazine Article

So while oil major Petrobras accounts for 13% of the Bovespa index, and therefore the iShares Brazil ETF, it accounts for just 9.4% in the mutual fund.

FORBES: How the Dreyfus Brazil Mutual Fund Beats the Brazil ETFs

The Bovespa Index declined 45% to its early October low.

FORBES: Lots Of Reasons To Love Brazil Again