The VanEck Russia ETF RSX fell 21% on Thursday, after Russia invaded Ukraine. The ETF tracks the MVIS Russia Index. The fund holds companies that generate at least more than 1/2 of their revenue from Russia.
ETF Newz Says:
No doubt investors are fearing Sanctions that will be coming from the US and the EU against Russia. The trade sanctions will be coming immediately after the invasion. The ETF is already down 44% YTD.