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Russia Exchange Traded Funds ( ETF )
Market Vectors Russia ETF (RSX) - - Market Vectors Russia ETF (symbol - RSX) is the largest ETF offered in the US in terms of assets. It is intended to give investors exposure to the Russian market. The expense ratio is at 0.62%. The company behind the ETF is Van Eck Global (established in 1955). The description from the Van Eck Global site is as follows: " is a rules-based, modified market capitalization weighted, float-adjusted index comprised of publically traded companies that are domiciled and primarily listed in Russia or generate the majority of its revenues in Russia." The assets of the ETF are over $1 billion dollars. Market Vectors Russia Small Cap (RSXJ) - is another ETF offered by Van Eck Global (established in 1955). It is a specialty ETF that focuses on Small Cap companies in Russia that are either domiciled there or earn the majority of their revenues there. The net expense ratio is 0.71%. The symbol is RSXJ. iShares MSCI Russia capped ETF (ERUS) - is a ETF that is offered by iShares and the symbol is ERUS. The holdings include large, medium and small cap stocks. The expense ratio is 0.62%. The assets of the ETF are over $200 million. This particular ETF (ERUS) was launched in 2010. Direxion Daily Russia 3X Bull ETF (RUSL) - (RUSL) as the name implies is a 3X Long ETF. It attempts to get 300% of the performance of the Daily Russia Market Vectors index before expenses and fees. The fund was launched in 2011. It is important for investors to realize that the leverage (300%) in this ETF may not be appropriate for all investors. The expense ratio is 0.95%. Direxion Daily Russia 3X Bear ETF (RUSS) - (RUSS) as the name implies is a 3X Short ETF. It attempts to get 300% of the inverse performance of the Daily Russia Market Vectors index before expenses and fees. The fund was launched in 2011. It is important for investors to realize that the inverse leverage (300%) in this ETF may not be appropriate for all investors. The expense ratio is 0.95%.SPDR - S&P Russia ETF (RBL) - this ETF is offered by State Street Global Markets, LLC. This ETF tracks the S&P Russia BMI index and will seek to replicate those results before expenses and fees. The expense ratio is 0.59% and was launched in 2010. Velocity Shares - Russia Select DR ETF (RUDR) - this ETF tracks the BNY Mellon Russia Select Depository Receipt index. This ETF was launched in 2013. The expense ratio is 0.65%. It is a relatively small ETF in terms of assets compared to the other Russia ETFs available. |
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