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Global markets were reeling earlier this week, but the sell off has left many emerging markets and country-specific exchange traded funds with cheaper valuations. The MSCI Emerging Markets Index plunged 11% in local currency terms this month, pushing 12-month forward price-to-earnings ratio to 9.4, a little below its 5-year average of 10, reports Ansuya Harjani […]

Oil prices keep sliding lower and that is an ongoing burden for scores of emerging markets exchange traded funds. The Market Vectors Russia ETF (NYSEArca: RSX) is no exception to that rule. The combination of a weakening energy outlook and the depreciating currencies are dragging on the ETFs that cover the major exporting countries. For […]

With oil prices mired in a lengthy slump and emerging markets stocks doing much of the same, it is not surprising that the Market Vectors Russia ETF (NYSEArca: RSX) is lagging and not being embraced by investors. The largest and most heavily traded Russia exchange traded fund is off almost 7% since the start of […]

One of the more interesting anecdotes from the financial media world Tuesday came courtesy of Bloomberg, which reported that oil’s tumble has erased $1.3 trillion in value from investments all over the world. It is reasonable to expect some of that $1.3 trillion has come out of Russian stocks and the corresponding exchange traded funds […]

The slipping oil prices are pressuring commodity-sensitive currencies, along with major oil-exporters and country-specific exchange traded funds. The United States Brent Oil Fund (NYSEArca: BNO) fell 13.8% over the past three months. Brent crude oil futures are now trading around $56.7 per barrel. Meanwhile, currencies of major oil exporters, including Canada, Russia and Nigeria, depreciated […]

When looking for overseas exposure, investors may want to target Europe and region-specific exchange traded funds. Portfolio Strategist Andrew Burkly, along with Sam Burns and Scott Davies at Oppenheimer & Co., argue that European markets are among the highest ranked, whereas emerging markets and Asian economies look weaker, reports Dimitra DeFotis for Barron’s. “Overall, we […]

It is still up 27.2% this year, making it one of the best non-China emerging markets exchange traded funds, but the Market Vectors Russia ETF (NYSEArca: RSX) is off 6.3% over the past month. Those declines appear to be enough some RSX bears into temporary hibernation. Short interest in RSX “was about 3 percent last […]

A strong U.S. dollar has weighed on the outlook of the emerging markets. However, investors may still find opportunities in some areas and country-related exchange traded funds. A sustained U.S. dollar rally will pressure developing markets. “Unfortunately, we do not believe the dollar rally is over which means the headwind is still there. But we […]

After plunging 47.2% last year in a performance that placed it among 2014’s worst non-leveraged exchange traded funds, the Market Vectors Russia ETF (NYSEArca: RSX) has climbed more than 26% this year. That makes RSX one of the year’s best non-leveraged ETFs and one of a small amount of non-China emerging markets funds to deliver […]

Russian equities and country-specific exchange traded funds jumped Tuesday after the World Bank pointed to improving conditions and a potential return to growth next year, with higher oil prices supporting the economy. On Tuesday, the Market Vectors Russia ETF (NYSEArca: RSX) surged 4.3%, iShares MSCI Russia Capped ETF (NYSEArca: ERUS) jumped 4.5% and SPDR S&P […]

It is down nearly 3% today, but the Market Vectors Russia ETF (NYSEArca: RSX) is still up 34.1% this year-to-date, making it one of the best-performing non-leveraged exchange traded funds for the year. To be precise, RSX came into Tuesday as the eighth-best non-leveraged ETF, but that has not stopped some traders from expressing bearish […]

Various economies and country-related exchange traded funds could react differently as we see a rebound in crude oil prices. Major oil producers will enjoy a reprieve in their energy-induced sell-off, but large consumers may find their wallets a little lighter after paying for higher energy costs. “If sustained, higher oil prices would reduce the gains […]

The Russian ruble currency is strengthening against the U.S. dollar, and the country’s central bank cut its interest rates Thursday, with potentially more cuts to come, signalling that the worst may be over for the Russian markets and country-specific exchange traded funds. Year-to-date, the Market Vectors Russia ETF (NYSEArca: RSX) surged 35.1%, iShares MSCI Russia […]

I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds. On Thursday, I highlighted the Market Vectors Russia ETF (NYSEArca: RSX). Russian equities are recovering and the RSX is moving toward its long-term trend. Click here to listen […]

Global economic growth is expected to remain sluggish this year on a slowdown in major developing countries. However, India and country-specific exchange traded funds could lead the emerging markets. India remains one of the best performing markets in the developing world. Over the past year, the WisdomTree India Earnings Fund (NYSEArca: EPI) rose 24.0%, iShares […]

Exchange traded funds tracking Russian equities are among this year’s top-performing non-leveraged ETFs, emerging markets or otherwise. There could be more upside ahead for Russia ETFs as oil prices stabilize and if tensions with neighboring Ukraine continue to ebb. The Market Vectors Russia ETF (NYSEArca: RSX), the largest and most heavily traded Russia ETF, climbed […]

After slumping more than 42% last year, the Market Vectors Russia ETF (NYSEArca: RSX) is up nearly 18% this year. That is enough to make the largest Russia ETF one of best-performing single-country ETFs this year and put the fund within striking distance of a new bull market. RSX’s 2015 performance has been enough to […]

It is a familiar refrain heard by investors in emerging markets equities and exchange traded funds. “The next (insert time frame here, months, years, etc.) will be better.” That has not always proven true. Year-to-date, the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and the iShares MSCI Emerging Markets ETF (NYSEArca: EEM), the two largest […]

Russia and country-specific exchange traded funds may be putting the worst behind them as the economy and financial markets begin to stabilize. After plunging over the past year, Russia ETFs are beginning to turn around. Year-to-date, Market Vectors Russia ETF (NYSEArca: RSX) rose 11.4%, iShares MSCI Russia Capped ETF (NYSEArca: ERUS) gained 13.4% and SPDR […]

After finishing 2014 among the worst-performing single-country emerging markets exchange traded funds, Russia ETFs have turned into leaders this year and investors are noticing. Up 18.7% year-to-date, the Market Vectors Russia ETF (NYSEArca: RSX), the largest and most heavily traded Russia, saw its shares outstanding tally jump “14 percent from mid-February to 107.3 million at […]

The Market Vectors Russia ETF (NYSEArca: RSX), the largest and most heavily traded Russia exchange traded fund, is trading lower by 1.3% during Friday’s after-hours session after Moody’s Investors Service lowered its rating on Russia’s sovereign debt to junk status. In a statement issued Friday, Moody’s said its decision to lower its rating on Russia’s […]

Brent crude oil futures, the global benchmark contract, are trading modestly higher in Asian trading Tuesday and that could be a sign the United States Brent Oil Fund (NYSEArca: BNO) is poised to continue a rally that has seen one of 2014’s worst-performing ETFs surge 24.5% over the past month. There are more indications that […]

Entering Tuesday, the Market Vectors Russia ETF (NYSEArca: RSX) sported a six-month loss of 35.2%, making it difficult to be bullish on Russian equities. However, what is now a three-day rally for oil futures is compelling some traders to revisit RSX and the adventurous are even mulling positions in the Direxion Daily Russia Bull 3x […]

The Market Vectors Russia ETF (NYSEArca: RSX) are taking another, perhaps unwanted turn in the spotlight again Friday after the Bank of Russia announced a 200-basis point interest rate reduction, taking the country’s benchmark lending rate to 15%. That move comes barely more than a month after the Bank of Russia, in a bid to […]

Exchange traded funds have quickly become an ingrained facet of the financial world, so much so that Russian spy masters who were looking into ETFs were recently charged by the FBI for espionage. Federal officers have arrested Evgeny Buryakov, or “Zhenya,” and charged Igor Sporyshev and Victor Podobny, who have both left the U.S., of […]

Russia exchange traded funds sank Monday after Standard & Poor’s lowered its rating on the country’s sovereign debt BB+, the highest junk rating, from BBB-, the lowest investment grade. That was good for Russia’s first junk rating in a decade. At one point during Monday’s session the four worst-performing ETFs of the day were Russia […]

All four of the worst-performing non-leveraged exchange traded funds to this point in Monday’s session are Russia funds, the result of Standard & Poor’s slapping the first junk rating on the country’s sovereign debt in a decade. Earlier Monday, S&P lowered its rating on Russian debt to BB+, the highest junk rating, from BBB-, the […]

Eastern European markets and related exchange traded funds could also indirectly benefit from the European Central Bank’s quantitative easing program as the stimulus could provide some spillover effects for neighboring states. For eastern European exposure, investors can monitor the iShares MSCI Emerging Markets Eastern Europe Index Fund ETF (NYSEArca: ESR) and SPDR S&P Emerging Europe […]

As the European Central Bank turns on its printing press, emerging market assets and related exchange traded funds could sop up all the excess liquidity. Emerging market ETFs, like the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and iShares MSCI Emerging Markets ETF (NYSEArca: EEM), could capitalize on another round of easy money. Year-to-date, VWO […]

In news that could surprise some market observers, the Market Vectors Russia ETF (NYSEArca: RSX) climbed 2.3% last week while the MSCI Emerging Markets Index rose just 1%. It also feels as though RSX’s 5.3% over the past month has been kept quiet. RSX’s recent turn for the better comes as the United States Brent […]