Tensions have seemingly cooled down in the Crimean peninsula, although Russia and Ukraine still appear to be in a standoff. And thanks to reduced fears over war in Eastern Europe, many stock markets in both Western Europe and in North America have rebounded strongly in recent sessions.

Yet while the West has come back, Russian markets remain subdued. The ruble is barely trading above all-time lows against the dollar, while the Russian stock market, following a nearly double digit loss on Monday, hasn’t recouped all of its heavy losses either (see all the European Equity ETFs here).

In fact, the three large cap Russian ETFs tracking the market, RSX, RBL, and ERUS, are all down over 6% in the last five trading sessions, while the small cap fund, RSXJ, has seen even more severe losses in the same time frame.



And if you thought those performances were volatile, consider the recent trading in the leveraged Russian ETF market. Funds here, the 3x RUSL and the -3x RUSS, have seen nearly 20% moves in the past five sessions, showcasing how important these recent events have been to Russian markets (also see 3 Energy ETFs to Buy on the Ukraine Crisis).

More Information

For more on how these Russian ETFs have performed as of late and what their focus is on, make sure to watch our short video on the subject below:



Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

 
ISHARS-MS RUSSA (ERUS): ETF Research Reports
 
SPDR-SP RUSSIA (RBL): ETF Research Reports
 
MKT VEC-RUSSIA (RSX): ETF Research Reports
 
MKT-VEC RUS SC (RSXJ): ETF Research Reports
 
DIRX-D RUSL BL3 (RUSL): ETF Research Reports
 
DIRX-D RUS BR3X (RUSS): ETF Research Reports
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
 
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Direxion Daily Russia Be... (AMEX:RUSS)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Direxion Daily Russia Be... Charts.
Direxion Daily Russia Be... (AMEX:RUSS)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Direxion Daily Russia Be... Charts.