Exchange traded fund (ETF) investors seeking exposure to Russia have been given a tool to capture this market. Van Eck Market Vectors-Russia ETF (RSX) appeared on the New York Stock Exchange this week. It’s the first U.S. listed ETF to give exposure to a broad spectrum of Russian companies. Lawrence Carrel for reports the fund follows the DAXglobal Russia+ Index, a basket created by Deutsche Bourse consisting of the 30 most heavily traded Russian companies.

What Carrel asks is, "Is now the best time to be launching a Russian ETF?" While the timing is off, it’s great that it came out. Right now Russia isn’t performing as well as some other European markets. Potentially aggressive ETFs are not for buy-and-hold investors. You can’t just buy and forget about these. You have to set stop losses and constantly be willing to pull the trigger if the sentiment goes against you.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.