RSX

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 […]

The Market Vectors Russia ETF (NYSEArca: RSX) has traded slightly higher to start 2015, a far cry from the 47.2% drop experienced by the largest Russia ETF in 2014. However, modest gains for Russia ETFs have not been enough for some investors to remain patient with the funds. Money managers pulled nearly $40 million from […]

With Monday’s 2.6% drop, the Market Vectors Russia ETF (NYSEArca: RSX) is close to losing all of its modest 2015 gains, but while Russia, a notoriously volatile equity market, is fraught with well-documented risk, some market observers see potential rewards to go along with that risk. “While prudence cautions against concentrating one’s investments in Russia, […]

The Market Vectors Russia ETF (NYSEArca: RSX) lost about three-quarters of a percent early in Friday’s after-hours session after Fitch Ratings lowered Russia’s sovereign credit rating to BBB-, the lowest investment grade, with a negative outlook. Fitch previously rated Russian sovereign debt BBB. “‘BBB’ ratings indicate that expectations of default risk are currently low. The […]

The new year is still young, but even with Friday’s declines, Russia exchange traded funds, among the most battered ETFs in 2014, are off to a decent start in 2015. For example, the Market Vectors Russia ETF (NYSEArca: RSX), one of last year’s worst performing non-leveraged ETFs, entered Friday with a 2015 gain of nearly […]

After a dismal year, two members of the BRICs – Brazil, Russia, India and China – may not be up to normal standards that the markets have come to expect. Instead of taking on broad exposure, investors can pick and choose country weights with exchange traded funds. Over the past year, the iShares MSCI BRIC […]

Barring a nice rally over the last several trading days of 2014, the Market Vectors Russia ETF (NYSEArca: RSX) is likely to end the year as one of the worst performing non-leveraged ETFs. Currently, only two non-leveraged ETFs, both oil funds, have lagged RSX to this point in the year and RSX is not the […]

Exchange traded funds holding Russian equities will end 2014 the same way they started the year: In topsy turvy fashion. Last week, ETFs such as the Market Vectors Russia ETF (NYSEArca: RSX), jumped after Russia’s Central bank boosted its benchmark interest rate to 17% from 10.5%. The rate hike was the second since in a […]

Shares of the Market Vectors Russia ETF (NYSEArca: RSX) are off 3% in midday trading after Standard & Poor’s placed Russia’s sovereign debt on CreditWatch with negative implications, indicating Russia could lost its already tenuous grasp on its investment-grade credit rating. In April, Standard & Poor’s lowered its rating on Russian sovereign debt to BBB-, […]