Dreyfus is up in the last 12 months while the passive EWZ, which is heavily invested in commoditynames like duds Petrobras ( PBR) and Vale ( VALE), is down.
So while the iShares ETF is heavily weighted towards the big commoditynames like Petrobras (PBR) and Vale (VALE), because that is how the Bovespa index actually looks, the Dreyfus fund can mix it up and invests in companies that are not listed on the Bovespa index.
Nail art is the cosmetic commodity that glitzy celebrities like Lady Gaga Katy Perry and Nicki Minaj lend their names to, the theme of gallery exhibits and glossy coffee table books.