Rebounding Russian equities and a more sanguine outlook regarding dividends there has propelled the WisdomTree Emerging Markets Equity Income Fund (NYSEArca: DEM) to a year-to-date gain of 4.5%.

The $2.2 billion DEM, features an 18.9% weight to Russia, making that the ETF’s second-largest country allocation. That is more nearly five times the 3.8% Russia weight found in the MSCI Emerging Markets Index. DEM’s underlying index has a dividend yield of nearly 6.1%, nearly triple the trailing 12-month yield of 2.15% on the benchmark emerging markets gauge. [Russia Resurgence Powers This ETF]

Investors have added nearly $131 million in new assets to RSX this year.

Market Vectors Russia ETF