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A recent price drop of VanEck Vectors Russia ETF (RSX) does not mean a good time to buy. It is because, fundamentally, the Russian market is not prone to growth in the coming months.
Instrument
The VanEck Vectors® Russia ETF is a fund that offers exposure to equities from Russia, 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.
Russian energy companies form about 40% of the RSX's portfolio, and they are, in