Photo: Sergei Karpukhin/ReutersVanEck Vectors Russia ETF (RSX) is taking a rocky ride as relations between the U.S. and Russia have run hot and cold, and as the price of energy, its largest sector weighting, slumps. Russian stocks also jumped after Donald Trump’s election. Michael Cohick says investors’ heavy in-and-out trading of his fund isn’t unusual for a single-country emerging-market fund. Investors may be reducing their exposure when they think the relationship between U.S. and Russia is weakening, says Todd Rosenbluth, director of ETF and mutual-fund research at financial data and analysis provider CFRA. “Why look at something like a Russia ETF?” she says.

Source: Wall Street Journal June 05, 2017 02:04 UTC