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RSX
VanEck Russia ETF

Fund Description

VanEck Russia ETF (RSX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Russia Index (MVRSXTR), which includes publicly traded companies that are incorporated in Russia or that are incorporated outside of Russia but has at least 50% of their revenues/related assets in Russia.

 
 

  • Fund Ticker

    RSX

  • Exchange

    Cboe

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MVRSXTR

  • Index Rebalancing

    Quarterly

 
as of 09/17/21

  • 30-Day SEC Yield1

    3.34%

  • Total Net Assets

    $1.5B

  • Number of Holdings

    29

  • Options

    Available

  • Gross Expense Ratio2

    0.61%

  • Net Expense Ratio/TER2

    0.61%

  • Distribution Frequency

    Annual
Schedule a Call
How to Buy

Key Points

  • Nation's First ETF Focused on Russia 
    Largest, most liquid Russia ETF versus competing U.S.-listed ETFs

  • Value Opportunity
    Russia's equity market is currently offering deep discounts versus emerging markets on average

  • Pure Play
    Companies must be incorporated in, or derive at least 50% of total revenues from Russia to be added to the index

Trading Information

  • Fund Ticker

    RSX

  • Index Total Return Ticker

    MVRSXTR

  • NAV

    RSXNV

  • Intraday NAV (IIV)4

    RSXIV

  • Shares Outstanding

    51,350,000

  • Estimated Cash

    RSXEU

  • Total Cash

    RSXTC

  • CUSIP

    92189F403

  • ISIN

    US92189F4037
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%

  • Other Expenses

    0.11%

  • Gross Expense Ratio

    0.61%

  • Fee Waivers and
    Expense Reimbursement

    --

  • Net Expense Ratio/TER2

    0.61%
2Expenses for RSX are capped contractually at 0.62% until May 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, depositary receipt fees up to 0.10% of the Fund’s average daily net assets, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 09/17/21

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
RSX $30.08
$30.02		 3,032,431
3,574,919		 -$0.28 / -0.93%
$-0.30 / -0.99%		 +26.28%
+24.31%
 $-0.06
-0.22%		 0.03%

Premium/Discount History as of 09/17/21

Calendar Year 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 136 34 41 34 35
RSX Days closed at NAV 11 2 4 2 2
Days closed at a discount 106 28 19 25 26


Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/24/07
RSX (NAV) 2.29 4.51 23.12 33.98 18.98 14.42 2.08 0.65
RSX (Share Price) 1.77 4.09 21.24 33.37 18.87 14.51 2.19 0.66
MVRSXTR (Index)5 2.43 4.54 23.33 34.51 19.53 14.96 2.15 0.62
Performance Differential (NAV - Index) -0.14 -0.03 -0.21 -0.53 -0.55 -0.54 -0.07 0.03
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/24/07
RSX (NAV) 3.39 12.73 21.79 44.02 16.77 15.10 0.65 0.58
RSX (Share Price) 3.02 12.28 20.00 44.28 16.17 15.18 0.64 0.59
MVRSXTR (Index)5 3.19 12.66 21.75 44.56 17.03 15.70 0.74 0.53
Performance Differential (NAV - Index) 0.20 0.07 0.04 -0.54 -0.26 -0.60 -0.09 0.05

*Returns less than one year are not annualized.

†Index data prior to March 19, 2012 reflects that of the DAXglobal Russia+ Index (DXRPUS). From March 19, 2012, forward, the index data reflects that of the Fund's underlying index, MVIS Russia Total Return Index (MVRSXTR). Index history which includes periods prior to March 19, 2012 reflects a blend of the performance of DXRPUS and MVRSXTR and is not intended for third party use.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a VanEck Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 08/31/21 Daily Holdings

Total Holdings: 29
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full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
GAZPROM PJSC
OGZD LI
16,884,475
139,988,963 8.79
SBERBANK OF RUSSIA PJSC
SBER LI
7,373,005
131,673,766 8.27
LUKOIL PJSC
LKOD LI
1,240,297
105,051,881 6.60
NOVATEK PJSC
NVTK LI
431,417
102,251,759 6.42
MMC NORILSK NICKEL PJSC
MNOD LI
2,865,605
94,292,045 5.92
TCS GROUP HOLDING PLC
TCS LI
995,489
88,044,606 5.53
YANDEX NV
YNDX US
1,055,750
81,187,175 5.10
TATNEFT PJSC
ATAD LI
2,037,511
81,121,917 5.09
ROSNEFT OIL CO PJSC
ROSN LI
10,681,452
77,030,616 4.84
POLYMETAL INTERNATIONAL PLC
POLY LN
3,075,409
61,337,448 3.85
Top 10 Total (%) 60.41
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/21

  • Country

    % of Net Assets
  • ■

    Russia

    97.60
  • ■

    Cyprus

    2.39
  • ■

    Other/Cash

    0.02

Sector Weightings (%) as of 08/31/21

  • Sector

    % of Net Assets
  • ■

    Energy

    36.4
  • ■

    Materials

    26.0
  • ■

    Financials

    17.2
  • ■

    Communication Services

    11.1
  • ■

    Consumer Staples

    5.7
  • ■

    Consumer Discretionary

    2.2
  • ■

    Utilities

    1.4
  • ■

    Other/Cash

    0.0