Russia’s “beef” with Ukraine is leading to a variety of near-term repercussions. The turmoil is producing interest in traditional safer-haven assets like the Japanese yen, U.S. Treasuries as well as gold. It should be noted, however, that these perceived safer holdings have been gaining in price since the year began. Russia’s recent military maneuvering has merely intensified a desire for protection.
Yet not all investments that currently show relative strength fit as neatly into the “risk-off” category. There are a number of commodity, utility and “military might” plays that have been gaining traction as well.
Here, then, are three lesser-known ETFs with the potential to gain on the Ukraine conflict: