3 Stocks That Help Drive Brazilian Equity's Outperformance Over US Equity In 2023
3 Stocks That Help Drive Brazilian Equity's Outperformance Over US Equity In 2023
U.S. equity may have soared to nice heights in 2023. Growth stocks, especially those belonging to the Tech sector, have been leading the way.
2023年，美國股市可能已經飆升至不錯的高度。成長股，尤其是那些屬於科技板塊的股票，一直處於領先地位。
The market benchmark S&P 500 index tracking ETF — the SPDR S&P 500 ETF (NYSE:SPY) — is up 23.22% for the year as we head towards the 2023 close.
在我們臨近2023年收盤之際，市場基準標準普爾500指數追蹤ETF——SPDR標準普爾500指數ETF（紐約證券交易所代碼：SPY）——今年上漲23.22％。
There is, however, another ETF that has returned more to investors this year than the SPY.
但是，今年還有另一隻ETF比SPY更能回報投資者。
The blue line above represents the iShares Inc iShares MSCI Brazil ETF (NYSE:EWZ). It returned 32.27% in the year so far; 9% over and above what investors got from putting their money into U.S. equity.
上面的藍線代表iShares Inc iShares MSCI巴西ETF（紐約證券交易所代碼：EWZ）。今年迄今爲止，它的回報率爲32.27％；比投資者將資金投入美國股票所獲得的回報率高出9％。
Let's look at some stocks that helped drive this outperformance.
讓我們來看看一些推動這種跑贏大盤的股票。
Petroleo Brasileiro SA Petrobras (NYSE:PBR): This Brazilian integrated oil and gas company's stock is up 59% YTD. With its preferred shares, PBR stock commands over 15% of the EWZ portfolio. Petrobras has a market cap nearing $100 billion. The company is focused on rapid production growth and strong returns.
巴西石油公司 SA Petrobras（紐約證券交易所代碼：PBR）：這家巴西綜合石油和天然氣公司的股票年初至今上漲了59％。憑藉其優先股，PBR股票佔EWZ投資組合的15％以上。巴西石油公司的市值接近1000億美元。該公司專注於快速的產量增長和豐厚的回報。
With a unique portfolio, it plans to spend over $100 billion over the next five years, growing production by double digits. Balance sheet issues have been resolved and the business is capable of providing significant returns for shareholders, mostly in the form of dividends.
憑藉獨特的投資組合，它計劃在未來五年內花費超過1000億美元，將產量增長兩位數。資產負債表問題已得到解決，業務能夠爲股東提供可觀的回報，主要是以分紅的形式提供回報。
Read: Crypto Exchange OKX Launches In Brazil, Targets Latin America's Largest Market
閱讀：加密貨幣交易所 OKX 在巴西上線，瞄準拉丁美洲最大的市場
Itau Unibanco Holding SA ADR (NYSE:ITUB): One of Brazil's largest private banks, Itau Unibanco commands 7.82% of the EZ portfolio. The stock is up about 53% YTD. With a reported ROE of more than 21%, Itaú Unibanco's financial performance demonstrates exceptional efficiency. The bank keeps its NPL levels steady at 3% and maintains strong asset quality.
Itau Unibanco Holding SA ADR（紐約證券交易所代碼：ITUB）：作爲巴西最大的私人銀行之一，Itau Unibanco持有EZ投資組合7.82％。該股年初至今上漲了約53％。據報道，Itaué Unibanco的投資回報率超過21％，其財務業績表現出非凡的效率。該銀行將其不良貸款水平穩定在3％，並保持強勁的資產質量。
It is anticipated that the departure from Itaú Argentina will not substantially affect 2023 profitability.
預計離開阿根廷伊陶不會對2023年的盈利能力產生實質性影響。
Banco do Brasil SA BB Brasil (OTCPK: BDORY): This state-controlled bank in Brazil commands 2.61% of the EWZ portfolio. The stock is up over 75% YTD. The bank performs well, surpassing domestic counterparts with a 21.3% ROE.
Banco do Brasil SA Brasil（場外交易代碼：BDORY）：這家位於巴西的國有銀行持有EWZ投資組合的2.61％。該股年初至今上漲了75％以上。該銀行表現良好，以21.3％的投資回報率超過國內同行。
The increase in delinquency rates and the quarter's lower net profit growth have raised some mild concerns. The loan portfolio, however, grew significantly year over year.
拖欠率的上升和本季度淨利潤增長的下降引起了一些溫和的擔憂。但是，貸款組合同比大幅增長。
Now Read: Growth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue?
現在閱讀： 隨着2023年接近尾聲，成長型股票超過價值10％：這種趨勢會持續嗎？
Photo: Shutterstock
照片：Shutterstock