Tensions have seemingly cooled down in the Crimean peninsula,
although Russia and Ukraine still appear to be in a standoff. And
thanks to reduced fears over war in Eastern Europe, many stock
markets in both Western Europe and in North America have rebounded
strongly in recent sessions.
Yet while the West has come back, Russian markets remain subdued.
The ruble is barely trading above all-time lows against the dollar,
while the Russian stock market, following a nearly double digit
loss on Monday, hasn't recouped all of its heavy losses either (see
all the European Equity ETFs here
In fact, the three large cap Russian ETFs tracking the market,
, are all down over 6% in the last five trading sessions, while the
small cap fund,
, has seen even more severe losses in the same time frame.
And if you thought those performances were volatile, consider the
recent trading in the leveraged Russian ETF market. Funds here, the
and the -3x
, have seen nearly 20% moves in the past five sessions, showcasing
how important these recent events have been to Russian markets
3 Energy ETFs to Buy on the Ukraine Crisis
For more on how these Russian ETFs have performed as of late and
what their focus is on, make sure to watch our short video on the
Want the latest recommendations from Zacks Investment Research?
Today, you can download
7 Best Stocks for the Next 30 Days
Click to get this free report >>
ISHARS-MS RUSSA (ERUS): ETF Research Reports
SPDR-SP RUSSIA (RBL): ETF Research Reports
MKT VEC-RUSSIA (RSX): ETF Research Reports
MKT-VEC RUS SC (RSXJ): ETF Research Reports
DIRX-D RUSL BL3 (RUSL): ETF Research Reports
DIRX-D RUS BR3X (RUSS): ETF Research Reports
To read this article on Zacks.com click here.
Want the latest recommendations from Zacks
Investment Research? Today, you can download 7 Best Stocks for the
Next 30 Days. Click to get this free report