Van Eck, a cutting edge provider, is launching a small-cap specific exchange traded fund (ETF) that will track the smaller companies in the Russian market.

The Market Vector Russia Small-Cap (NYSEArca: RSXJ) will give targeted exposure to the Russian consumer market, whereas a large-cap focused Russian ETF such as Market Vectors Russia (NYSEArca: RSX) is more of an energy play. [BRIC ETFs in Focus as Leaders Demand Monetary Focus.]

Small-cap companies tend to be more isolated from political interference, and are better shielded from minority shareholder interests. Sector weightings most represented are utilities, materials and energy. The expense ratio is set at 0.67%. [Russia ETF Rallies, Crosses $4 Billion Mark.]

Tisha Guerrero contributed to this article.

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