ETF Evaluator:
VanEck Russia ETF (RSX)
Follow This ETF
(as of Jan 12)
Best Performing in Focused Region Over the Last Year
| 216.0% | VanEck Russia Small-Cap ETF (RSXJ) |
| 188.5% | iShares MSCI South Korea ETF (EWY) |
| 175.8% | Franklin FTSE South Korea ETF (FLKR) |
| 137.0% | Matthews Korea Active ETF (MKOR) |
| 74.6% | iShares MSCI Peru ETF (EPU) |
Risk
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Risk
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ETF Details
VanEck Russia ETF Overview
VanEck Russia ETF (RSX) is a passively managed International Equity Focused Region exchange-traded fund (ETF). VanEck launched the ETF in 2007.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Russia Index.
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes securities, which may include depositary receipts, of Russian companies. A company is generally considered to be a Russian company if it is incorporated in Russia or is incorporated outside of Russia but has at least 50% of its revenues/related assets in Russia. Such companies may include medium-capitalization companies. It is non-diversified.
About VanEck Russia ETF (RSX)
There are 1 members of the management team with an average tenure of 19.20 years: Peter Liao (2007). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MVIS Russia TR USD index with a weighting of 100%. VanEck Russia ETF has 29 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
VanEck Russia ETF is part of the Equity global asset class and is within the International Equity ETF group. VanEck Russia ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). VanEck Russia ETF has 100.0% of the portfolio in cash.
Assets Under Management
The fund has $32 million in total assets, which is below the $1 billion average for the Focused Region category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
RSX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The VanEck Russia ETF expense ratio is high compared to funds in the Focused Region category. VanEck Russia ETF has an expense ratio of 0.83%, which is 61% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. VanEck Russia ETF has a portfolio turnover rate of 32%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 26% for the Focused Region category.
Recently, in the month of June 2026, VanEck Russia ETF returned 0.0%, which earned it a grade of B, as the Focused Region category had an average return of -2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
VanEck Russia ETF has a trailing yield of 3.50%, which is below the 5.65% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
VanEck Russia ETF Grades
Year to date, the ETF has returned 0.0%, 9.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 3.5% over the past year (grade of F), 24.1% over the past three years (grade of B) and -44.5% per year over the past five years (grade of F) and -20.1% per year over the past 10 years (grade of F).
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RSX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RSX Return (NAV) | 0.0% | 0.0% | 3.5% | 24.1% | -44.5% | -20.1% |
| RSX Return (Price) | 0.0% | 0.0% | 0.2% | 3.9% | -25.4% | -7.3% |
| NAV +/- Price Return | na | na | 3.288% | 20.140% | -19.173% | -12.817% |
| Focused Region Avg | -2.1% | 5.8% | 27.1% | 86.8% | 8.6% | 8.7% |
| RSX Grade (NAV) | B | D | F | B | F | F |
| +/- Category (NAV) | 2.1% | -5.8% | -23.6% | -62.8% | -53.1% | -28.8% |
| RSX Tax-Cost Ratio | na | na | 1.4% | 14.0% | 9.7% | 5.8% |
RSX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RSX Return (NAV) | 0.0% | 3.5% | 0.0% | 275.7% | -98.6% | 18.9% | -1.3% | 40.4% | -6.6% | 4.6% | 45.9% |
| RSX Return (Price) | 0.0% | 0.2% | 0.0% | 12.0% | -78.8% | 16.9% | 0.0% | 40.8% | -7.1% | 4.3% | 47.2% |
| NAV +/- Price Ret | na | -0.940% | na | -0.957% | -0.201% | -0.108% | -1.011% | 0.9% | 8.2% | -6.5% | 2.9% |
| Focused Region Avg | 9.1% | 40.1% | 7.5% | 33.4% | -15.0% | 8.3% | 3.6% | 20.0% | -13.7% | 26.4% | 13.0% |
| RSX Grade (NAV) | F | F | C | A | F | B | C | A | A | F | A |
| +/- Category | -9.1% | -36.6% | -7.5% | 242.3% | -83.6% | 10.7% | -4.9% | 20.5% | 7.2% | -21.8% | 32.9% |
| Risk Measures | |
| Beta: | -0.89 |
| R-Squared: | 1% |
| Standard Deviation: | 133.3% |
| Category Risk Index: | 1.66 |
| Category Risk Rating: | High |
| Total Risk Index: | 10.96 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 3.5% |
| Total Assets: | $ 33 Mil |
| Share Class Assets: | $ 33 Mil |
| Turnover: | 32.0% |
| Expense Ratio: | 0.83% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 19.2 years | |||
| Average Tenure: 19.2 years | |||
| Managers (Year): Liao Peter (2007) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 29 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 100.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | VanEck |
| Phone Number: | 800-826-2333 |
| Website: | www.marketvectorsetfs.com |
| Inception Date: | April 24, 2007 |
Expenses and Fees
| Expense Ratio (%): | 0.83% (Rating: High) |
| Category Average Expense Ratio (%): | 0.52% |
