Vaneck Russia ETF Overview and Analysis for Investors

The VanEck Russia ETF is an investment option that allows you to tap into the Russian economy.

The fund tracks the MVIS Russia Index, which includes 25 of the largest and most liquid Russian stocks.

Investors should be aware that the Russian economy has faced significant challenges in recent years, including economic sanctions and a decline in oil prices.

The fund has a net expense ratio of 0.84%, which is relatively low compared to other international ETFs.

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The VanEck Russia ETF is a passively managed investment fund that was launched in 2007. It's an International Equity Miscellaneous Region exchange-traded fund, or ETF for short.

The fund aims to replicate the performance of the MVIS Russia Index, which includes securities of Russian companies. These companies can be incorporated in Russia or have at least 50% of their revenues or related assets in Russia.

The fund invests at least 80% of its assets in securities that make up the benchmark index. This means it's not diversified, so investors should be aware of the potential risks involved.

A company is considered a Russian company if it's incorporated in Russia or has significant business operations in the country. The fund may hold medium-capitalization companies, which can be a bit riskier than larger companies.

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The Vaneck Russia ETF has a market capitalization of $538.833 million. This gives us an idea of its overall size and value.

The number of shares outstanding is not available, which might be a limitation for some investors.

The PE ratio is also not available, but we can look at the 10-year range, which is between 1.1 and 12.2. This gives us a sense of how the stock's price has been valued relative to its earnings over time.

The 10-year median PE ratio is 6.6, which is a useful benchmark for comparison.

The PB ratio, which is another key metric, is not available. However, we can look at the 10-year range, which is between 0.52 and 2.07. This gives us an idea of how the stock's price has been valued relative to its book value over time.

The 10-year median PB ratio is 1.04, which can be a useful reference point for investors.

Here's a summary of the key metrics:

The VanEck Russia ETF offers a unique investment opportunity for those looking to diversify their portfolio with exposure to the Russian market.

The fund tracks the MVIS Russia Index, which includes companies listed on the Moscow Exchange.

Investors can buy and sell shares of the ETF through various online brokerages, including Fidelity, Vanguard, and TD Ameritrade.

The net expense ratio for the VanEck Russia ETF is 0.95%.

The fund's top holdings include Gazprom, Rosneft, and Lukoil, which are all major players in the Russian energy sector.

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The performance of the VanEck Russia ETF is a crucial aspect to consider when investing in this fund. The ETF has had a tumultuous year, with a return of -77.63% over the past 12 months.

One of the most striking facts is that the ETF has consistently lost value over the past few years, with a 3-year return of -78.63% and a 5-year return of -75.76%. This is a significant concern for investors.

The volatility of the ETF is also noteworthy, with a 3-year volatility of 104.49% and a 5-year volatility of 106.96%. This means that the value of the ETF can fluctuate significantly over short periods.

Here's a summary of the ETF's performance over different time periods:

It's essential to consider these performance metrics when deciding whether to invest in the VanEck Russia ETF.

The VanEck Russia ETF has a relatively small number of holdings, with 29 stocks in its portfolio.

This is a relatively low number compared to other funds, which can have hundreds of holdings. The fund's portfolio is also heavily concentrated, with 100% of its assets invested in the top 10 holdings.

The fund has a cash-heavy portfolio, with 100% of its assets invested in cash. This is a notable characteristic of the fund, and may be a result of its focus on Russia.

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VanEck Vectors Russia ETF has gone out of business as of January 12, 2023.

The fund was launched and managed by Van Eck Associates Corporation.

It invests in public equity markets of Russia, covering stocks of companies operating across diversified sectors.

The fund focuses on growth and value stocks of companies across various market capitalizations.

It seeks to track the performance of the MVIS Russia Index, using the full replication technique.

The fund was formed on April 24, 2007, and is domiciled in the United States.

As we explore the world of assets and management, it's essential to understand the fundamental data that drives the market. The market cap of this particular asset stands at $538.833 million.

The number of shares outstanding is unknown, making it difficult to determine the asset's value. This lack of transparency can make it challenging for investors to make informed decisions.

The price-to-earnings (PE) ratio is also unknown, but the 10-year range is a useful benchmark. The PE ratio has fluctuated between 1.1 and 12.2 over the past decade.

The median PE ratio over this period is 6.6, indicating that the asset has generally been valued at a relatively affordable price. This could make it an attractive option for investors looking for a bargain.

The price-to-book (PB) ratio is also unknown, but the 10-year range provides some insight. The PB ratio has fluctuated between 0.52 and 2.07 over the past decade.

The median PB ratio over this period is 1.04, indicating that the asset has generally been valued at a relatively affordable price. This could make it an attractive option for investors looking for a bargain.

Here's a summary of the fundamental data:

Assets Under Management can be a complex topic, but let's break it down.

The VanEck Russia ETF has a trailing dividend yield of 0.00%, which is below the 3.20% category average. This means it's not the most attractive option for investors seeking dividend income.

A fund's dividend yield is a crucial factor in determining its performance. In the case of the VanEck Russia ETF, it distributes its dividend income annually.

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The fund's portfolio allocation is also worth noting. It's surprising to see that the fund has no domestic or foreign stock holdings, with 100.0% of its holdings in cash. This is a stark contrast to many other investment funds.

Here's a breakdown of the fund's holdings:

This unique allocation strategy is likely a result of the fund's focus on Russia, which may have limited investment opportunities.

The VanEck Russia ETF has received some disappointing grades, especially over the past three and five years, where it earned an F.

The fund's performance over the past year has been mediocre, returning 0.0%, which is 1.8 percentage points worse than its category, earning it a grade of C.

The VanEck Russia ETF's past performance is concerning, with a return of -62.7% over the past three years and -42.8% over the past five years, both of which are F grades.

Here's a summary of the ETF's grades over various time periods:

The ETF's performance has been inconsistent, with a return of 275.7% in 2023, but a decline of -98.6% in 2022, and a return of 0.0% in 2024.

The VanEck Russia ETF's yield is 0.0%, which is lower than the miscellaneous region average of 1.8% over the past year.

The ETF's expense ratio is 0.57%, which is relatively low compared to other funds.

The VanEck Russia ETF is an index fund that tracks the MVIS Russia NR USD index, with a weighting of 100%.

The ETF's beta is -0.37, indicating that it has historically been less volatile than the broader market.

The ETF's standard deviation is 156.6%, indicating a high level of volatility.

The VanEck Russia ETF has a high category risk rating and a high total risk rating, indicating that it is a high-risk investment.

The ETF's turnover is 0.0%, indicating that it has not been actively traded in the past year.

The VanEck Russia ETF has a low expense ratio, but its high risk ratings and disappointing grades over the past few years make it a less attractive investment option.

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VEON Ltd was sold out from the VanEck Russia ETF on 2023-03-31.

The company's price range was between $12.03 and $20.62, with a price of $46.04 and a price change from average of 187.39%.

Polymetal International PLC was also sold out from the ETF on the same date, with a price of £2.15 and a price change from average of -16.02%.

PhosAgro PJSC was added to the ETF on 2023-06-30, with a price range of 7040 to 7692 and a price of ₽6,698.00.

Yandex NV was sold out from the ETF on the same date, with a price range of 18.94 to 18.94 and a price of $37.02, showing a price change from average of 95.46%.

Transneft PJSC was added to the ETF on 2023-09-30, with a price range of 115300 to 149850 and a price of ₽1,166.50.

Here is a list of the top holdings in the VanEck Russia ETF as of the last available date: