Patria Investments Ltd. Class A (PAX)
PAX · Financials · 
Brazil
Patria Investments Ltd. Class A (PAX) is a company in the Financials sector, based in Brazil. The stock is held in 4 ETFs we track – with its largest weight of 0.02 % in XRS2 (russell-2000). Anyone holding one of these ETFs also owns a small indirect stake in Patria Investments.
How many funds hold this stock?
Average ETF coverage: 4 of the 95 ETFs we cover hold Patria Investments, spread across 3 indices. That puts the stock in more ETFs than 40.7 % of the 4,334 stocks we cover.
The line counts the funds we cover, not the market. Dashed: how many funds published a holdings list on that date.
Price chart
The chart shows daily closing prices, set to the current year by default. The change is -37.1 % since the turn of the year and -34.4 % over twelve months. The last close on record from 18 September 2026 sits at 0 % of the 52-week range.
The chart shows the US listing in US dollars. The price on the home exchange can differ: a different currency, different trading hours, and for depositary receipts (ADRs) one receipt is not always one share.
Performance
| Year to date | -37.1 % | 1 year | -34.4 % |
|---|---|---|---|
| 1 month | -7.0 % | 3 months | -10.8 % |
| Calendar year 2025 | +36.6 % |
Measured in euros, Patria Investments returned -35.5 % year to date and -32.4 % over one year. The gap to the dollar figures above comes from the exchange rate alone: each daily price is converted at the ECB euro reference rate for the same day.
Risk metrics
The close on Sep 18, 2026 was 43.1 % below the highest close since Sep 23, 2024, reached on Jan 8, 2026. Over the last 252 trading days, on days when the S&P 500 rose or fell 1 %, Patria Investments moved on average 1.16 % in the same direction. The correlation of 0.49 shows how reliable that average is: the broad market explained part of the daily moves, but far from all.
Correlated with
The strongest co-movers on top, the most inverse below. Low or negative values improve portfolio diversification.
| Instrument | r | −1 … +1 |
|---|---|---|
| Brookfield Asset Management Ltd. Class A | +0.72 | |
| SoFi Technologies Inc | +0.72 | |
| Citigroup Inc. | +0.70 | |
| Vinci Compass Investments LTD Clas | +0.69 | |
| Apollo Global Management Inc | +0.68 | |
| Goldman Sachs Group Inc. | +0.68 | |
| USD/CHF | -0.54 | |
| Tradeweb Markets Inc. Class A | -0.49 | |
| Coca-Cola Company | -0.46 |
What ETF is Patria Investments in?
| ETF | Index | Weight | per €1,000 in the ETF |
|---|---|---|---|
| XRS2 | russell-2000 | 0.02 % | €0.20 |
| SPYI / SPSA | msci-acwi-imi | 0.00 % | €0.00 |
| IS3N | msci-em-imi | 0.00 % | €0.00 |
The last column turns the weight into euros: this much of €1,000 invested in one of these funds is allocated to Patria Investments as of the fund's latest holdings list.
Weight in IS3N since 2024
In IS3N, a fund tracking the MSCI EM IMI, Patria Investments had a weight of 0.01 % on Sep 30, 2024 and 0.00 % on Sep 18, 2026. Its share peaked at 0.01 % on Sep 30, 2024. The weight rises and falls with the stock's price relative to the other index members, and it also shifts when the index provider changes the composition.
How much Patria Investments Ltd. Class A overlaps with other holdings in a portfolio is shown by the What's Inside Your ETF Portfolio and the ETF overlap check.
Stocks with similar ETF exposure
Names that reach a portfolio through largely the same funds as Patria Investments — the figure counts the ETFs holding both.
| Stock | Ticker | Shared ETFs | r |
|---|---|---|---|
| StoneCo Ltd. Class A | STNE | 4 | – |
| Inter & Co. Inc. Class A | INTR | 3 | – |
| IRB Brasil Resseguros SA | IRBR3 | 3 | – |
| Hyundai Marine & Fire Insurance Co. Ltd. | 001450 | 3 | – |
| Shinyoung Securities Co. Ltd. | 001720 | 3 | – |
| Korean Reinsurance Company | 003690 | 3 | – |
| HANWHA LIFE INSURANCE Co. Ltd. | 088350 | 3 | – |
| Central China Securities Co. Ltd. Class H | 1375 | 3 | – |
Key figures side by side
| Stock | 1 year | Volatility p.a. | Net margin | Revenue growth |
|---|---|---|---|---|
| Patria Investments | -34.4 % | 30.9 % | – | – |
| StoneCo | -50.3 % | 51.7 % | – | – |
| Inter & | -39.9 % | 49.5 % | – | – |
Return and volatility from our daily closing prices in US dollars; margin and growth from the latest SEC annual filing. Fiscal years do not all end on the same date.
