The VanEck Russia ETF fell 30.6% Monday and another 18% on Tuesday as the conflict in Ukraine continues on. The Russian stock market was closed on Monday & Tuesday so traders are estimating the price of the underlying holdings. Some of the stocks in this ETF were traded on the LSE. IShares MSCI Russia ETF fell 32% on Tuesday.
Russian ETFs Continue to Fall
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ETF Newz Says:
There is going to be increasing pressure on Funds that have holdings in Russian Stocks. This is just the start as investors are going to continue to vote with their dollars over the coming weeks.