The Unlikely 2015 Single-Country ETF Leader

Russian equity markets are bouncing back after crude oil prices, one of the country’s major exports, rebounded off a six-year low and geopolitical tensions between Ukraine begin to dissipate.

RSX’s performance is tops “among 776 U.S.-domiciled exchange-traded funds with assets of at least $100 million, according to data compiled by Bloomberg. Seven weeks ago, it trailed more than 260 of them, having slumped 1.6 percent for the year,” according to Bloomberg.

Investors have added more than $309 million in new assets to RSX this year.

Market Vectors Russia ETF