AKSJF - RSX: This Commodity Heavy Russia ETF Is A High-Risk And Low-Reward Proposition
- The VanEck Vectors Russia ETF is primarily an investment in commodities - Russian style.
- Not only have commodities underperformed the broad market over the past decade, investing in Russian-based commodity companies has additional geopolitical risks.
- RSX's long-term returns (or the lack of them) are indicative of the dictator/oligarch model that Putin has been running in Russia for so long: it is simply a failed system.
- Bottom-line: this Russian ETF is a high-risk and low-reward proposition, and investors are well-advised to steer-clear.
For further details see:
RSX: This Commodity Heavy Russia ETF Is A High-Risk And Low-Reward Proposition