VanEck Russia ETF
RSX
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Feb 12, 2020
- CIK
- 0001137360
- Similar Companies
- Business
- VanEck Russia ETF (RSX) is an exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the MVIS Russia Index (MVRSXTR), which tracks the performance of publicly traded companies domiciled and primarily operating in Russia; the fund invests in a portfolio of Russian equities across diversified sectors including energy, materials, financials, consumer discretionary, industrials, real estate, utilities, and telecommunications. The ETF holds positions in major Russian companies such as Gazprom PJSC, Sberbank of Russia PJSC, GMK Norilskiy Nickel PAO, Lukoil PJSC, Rosneft Oil Co PJSC, Novatek PJSC, Surgutneftegas PJSC, and others, though as of December 2025, these holdings are valued at zero due to market and regulatory constraints, with the portfolio now consisting almost entirely of cash equivalents. Launched on April 24, 2007, the fund is issued by VanEck Vectors ETF Trust and is headquartered in New York, New York, with operations focused on providing U.S. investors exposure to the Russian equity market. In response to U.S. economic sanctions imposed on Russian corporate and banking entities following the 2022 Russian invasion of Ukraine, VanEck suspended creation orders for new RSX shares effective March 3, 2022, leading to halted trading on exchanges like Cboe and significant tracking error relative to its net asset value; the fund shifted toward substantial cash holdings as it liquidated accessible positions. In late 2022, VanEck announced and commenced plans to liquidate the RSX ETF (alongside the related VanEck Russia Small-Cap ETF, RSXJ), with the approved liquidation plan remaining in effect as of December 2025, designed to distribute proceeds to shareholders if future developments permit the sale of illiquid Russian securities; VanEck implemented a voluntary waiver of its management fee until full liquidation and has made periodic distributions including return of capital in 2023 and dividend income in 2024. As of December 17, 2025, RSX maintains total net assets of approximately $33.28 million, a net expense ratio of 0.43%, and year-to-date returns of 3.53% on a NAV basis, amid ongoing legal, regulatory, and market barriers preventing the sale of underlying holdings.