Market Vectors Russia ETF
If you can’t decide on one stock, you could also try the Market Vectors Russia ETF (NYSE:RSX). It’s far from being as exciting as a meteor, but it’s a solid, broad choice. It features the most assets ($2.7 billion) compared to its exchange-traded fund competitors and it has the heaviest trading volume.
The ETF counts all firms on this list as top ten holdings, as well as other Russian heavy-hitters like Gazprom (PINK:OGZPY). However, like much of the Russian economy, RSX is heavily weighted in energy and basic materials — at 43% and 20%, respectively. That could be a short-term issue if commodity prices take a real dive.
Still, longer-term, rising global demand — especially from its neighbor China — will help continue to push the Russian economy forward. For investors, owning the broad ETF could be one of the best ways to participate in the nation’s growth. Plus, expenses run cheap 0.62%.
As of this writing, Aaron Levitt did not own a position in any of the aforementioned securities.