RSXVanEck Russia ETF
Market Update
Capital Markets Update Related to Russia-Ukraine as of June 10, 2022
Van Eck Associates Corporation (VEAC) has implemented a voluntary waiver of its management fee for the Fund. This voluntary waiver may be eliminated by VEAC at any time.
On Friday, March 4, at 4:20 pm ET, the Cboe BZX Exchange (Cboe) halted trading of the VanEck Russia ETF (RSX). Since trading is halted, the Fund no longer has a daily closing price and a premium/discount to NAV cannot be calculated.
Effective March 3, the VanEck Russia ETF temporarily suspended the creation of new shares until further notice. Please refer to the press release for further details.
Fund Description
-
Fund Ticker
RSX -
Exchange
Cboe -
Inception Date
04/24/2007 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVRSXTR -
Index Rebalancing
Quarterly
as of 07/01/22
-
30-Day SEC Yield1
-- -
Total Net Assets
$38.3M -
Number of Holdings
31 -
Options
-- -
Gross Expense Ratio2
0.97% -
Net Expense Ratio/TER2
0.70% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
Trading Information
-
Fund Ticker
RSX -
Index Total Return Ticker
MVRSXTR -
NAV
RSXNV -
Intraday NAV (IIV)4
RSXIV -
Shares Outstanding
95,900,000 -
Estimated Cash
RSXEU -
Total Cash
RSXTC -
CUSIP
92189F403 -
ISIN
US92189F4037
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.47% -
Gross Expense Ratio
0.97% -
Fee Waivers and
-0.27%
Expense Reimbursement -
Net Expense Ratio/TER2
0.70%
2Expenses for RSX are capped contractually at 0.62% until May 1, 2023. 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
Peter Liao, CFA
- 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
Guo Hua (Jason) Jin
- 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
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Periods with Elevated Premiums/Discounts
End Date | Trading Days | Reason / Contributing Factors | |
---|---|---|---|
03/04/22 | 9 | Market Volatility |
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/07 |
|
---|---|---|---|---|---|---|---|---|
RSX (NAV) | -7.15 | -95.98 | -98.82 | -98.81 | -74.43 | -54.18 | -32.62 | -25.21 |
RSX (Share Price) | -- | -47.93 | -78.81 | -78.76 | -32.95 | -18.37 | -10.06 | -9.43 |
MVRSXTR (Index)5 | 8.19 | 108.81 | -35.98 | -35.33 | -2.77 | 2.39 | 0.70 | -2.56 |
Performance Differential (NAV - Index) | -15.34 | -204.79 | -62.84 | -63.48 | -71.66 | -56.57 | -33.32 | -22.65 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/07 |
|
---|---|---|---|---|---|---|---|---|
RSX (NAV) | -95.64 | -98.72 | -98.72 | -98.60 | -73.29 | -53.85 | -33.76 | -25.04 |
RSX (Share Price) | -47.93 | -78.81 | -78.81 | -76.85 | -31.84 | -19.10 | -12.33 | -9.53 |
MVRSXTR (Index)5 | -50.16 | -84.72 | -84.72 | -83.15 | -38.63 | -23.83 | -14.96 | -11.50 |
Performance Differential (NAV - Index) | -45.48 | -14.00 | -14.00 | -15.45 | -34.66 | -30.02 | -18.80 | -13.54 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Veon Ltd |
VEON US |
12,299,567 |
5,977,590 | 19.82 |
Gazprom Pjsc |
OGZD LI |
22,886,069 |
228,861 | 0.76 |
Rosneft Oil Co Pjsc |
ROSN LI |
16,922,345 |
169,223 | 0.56 |
Surgutneftegas Pjsc |
SGGD LI |
15,805,736 |
158,057 | 0.52 |
Inter Rao Ues Pjsc |
IRAO RM |
625,132,010 |
99,227 | 0.33 |
Mobile Telesystems Pjsc |
MBT US |
7,426,519 |
74,265 | 0.25 |
Magnit Pjsc |
MGNT LI |
6,131,826 |
61,318 | 0.20 |
Mmc Norilsk Nickel Pjsc |
MNOD LI |
5,291,784 |
52,918 | 0.18 |
Tatneft Pjsc |
ATAD LI |
3,573,912 |
35,739 | 0.12 |
Severstal Pao |
SVST LI |
3,409,691 |
34,097 | 0.11 |
Top 10 Total (%) | 22.84 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
Russia
23.37 -
■
Cyprus
0.14 -
■
Other/Cash
76.49
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Communication Services
20.2 -
■
Energy
2.1 -
■
Materials
0.5 -
■
Utilities
0.3 -
■
Consumer Staples
0.3 -
■
Consumer Discretionary
0.1 -
■
Financials
0.1 -
■
Other/Cash
76.5