President Vladimir Putin, though, said that the economy remains robust.

“I do not want to dramatize the situation unnecessarily. The Russian economy has a sufficient safety net. Many analysts believe growth in the second-quarter is expected to recover,” Putin said, RT Business reports.

Other Russia ETFs include:

  • iShares MSCI Russia Capped Index Fund (NYSEArca: ERUS): down 14.8% year-to-date
  • SPDR S&P Russia ETF (NYSEArca: RBL): down 12.8% year-to-date
  • Market Vectors Russia Small-Cap ETF (NYSEArca: RSXJ): down 10.8% year-to-date

Market Vectors Russia ETF

For more information on Russia, visit our Russia category.

Max Chen contributed to this article.