Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds.
This week, Lydon looked at the VanEck Vectors Russia ETF (RSX).
Many expected the Trump Administration to lift sanctions against Russia, but optimism has waned under federal probes into ties between Moscow and Washington D.C.
There are a greater number concerned about Trump campaign’s potential contact with Russian government last year and what extent Russia interfered with election.
Russia, though, sits on improving fundamentals, with RSX one ETF that’s an attractive play.