Notice
We are committed to keeping shareholders informed regarding the status of the VanEck Russia ETF (RSX) (the “Fund”).
The approved liquidation plan for the Fund remains in effect. If future developments allow for the sale of the securities held by the Fund, proceeds will be distributed to shareholders in accordance with the plan. Additionally, the plan of liquidation may be amended or terminated by the Board of Trustees in certain circumstances.
At this time, we are not aware of any significant legal, regulatory, or market developments that would enable the Fund to sell its underlying securities.
The plan of liquidation has been designed to provide shareholders the potential to realize the future value of the underlying Russian investments if market conditions change.
VanEck has implemented a voluntary waiver of its management fee for the Fund which will continue in effect until the Fund fully liquidates. Further details on the Fund’s distributions can be found here. For more information, please refer to the prospectus. Additional information can also be found in the Liquidation FAQ.
RSX
VanEck Russia ETF
RSX
VanEck Russia ETF
-
NAV$0.35
as of December 04, 2025 -
YTD RETURNS3.59%
as of December 04, 2025 -
Total Net Assets$33.30M
as of December 04, 2025 -
Gross Expense Ratio0.93%
-
Net Expense Ratio0.43%
-
Inception Date04/24/2007
Overview
RSX / RSXJ Liquidation FAQ
Index Key Points
Underlying Index: MVIS Russia Index (MVRSXTR)
Rebalance Frequency: Quarterly
Index provider:
MarketVector Indexes
Performance
Performance History:
Average Annual Total Returns* (%)| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/07 |
|
|---|---|---|---|---|---|---|---|---|
| RSX (NAV) | 0.28 | 0.89 | 3.55 | 3.81 | 174.93 | -17.52 | -4.51 | -6.07 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/07 |
|
|---|---|---|---|---|---|---|---|---|
| RSX (NAV) | 0.30 | 0.88 | 2.95 | 6.04 | 183.03 | -16.40 | -3.96 | -6.15 |
$0.00
/
+0.01%
Fees
Holdings
Daily Holdings (%) as of 12/03/2025
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
EVR LN |
Evraz Plc | 0.00 |
BBG0027J63T2 |
266,000 |
Stock | 0 | -- |
|
MOEX RM |
Moscow Exchange Micex-Rts Pjsc | 0.00 |
BBG004730JJ5 |
17,946,312 |
Stock | 0 | -- |
|
MNOD LI |
Gmk Norilskiy Nickel Pao | 0.00 |
BBG000KRLH06 |
4 |
Stock | 0 | -- |
|
NVTK RM |
Novatek Pjsc | 0.00 |
BBG00475KKY8 |
7,452,940 |
Stock | 0 | -- |
|
ATAD LI |
Tatneft Pjsc | 0.00 |
BBG000B9X7K3 |
3,393,156 |
Stock | 0 | -- |
|
VTBR RM |
Vtb Bank Pjsc | 0.00 |
BBG004730ZJ9 |
13,375,470 |
Stock | 0 | -- |
|
OZON US |
Ozon Holdings Plc | 0.00 |
BBG00Y29RP99 |
8,707 |
Stock | 0 | -- |
|
RASP RM |
Raspadskaya Ojsc | 0.00 |
BBG004S68696 |
730,890 |
Stock | 0 | -- |
|
SNGS RM |
Surgutneftegas Pjsc | 0.00 |
BBG0047315D0 |
125,211,510 |
Stock | 0 | -- |
|
PHOR RM |
Phosagro Pjsc | 0.00 |
BBG004S689R0 |
705,974 |
Stock | 0 | -- |
|
IESK RU |
Irkutsk Electronetwork Co Jsc | 0.00 |
BBG000P7J2M7 |
7,410,870 |
Stock | 0 | -- |
|
LKOH RM |
Lukoil Pjsc | 0.00 |
BBG004731032 |
2,063,982 |
Stock | 0 | -- |
|
VKCO LI |
Vk Ipjsc | 0.00 |
BBG00178PGX3 |
2,338,938 |
Stock | 0 | -- |
|
GAZP RM |
Gazprom Pjsc | 0.00 |
BBG004730RP0 |
45,772,138 |
Stock | 0 | -- |
|
PLZL LI |
Polyus Pjsc | 0.00 |
BBG00H2CS6K7 |
1,155,875 |
Stock | 0 | -- |
|
ROSN RM |
Rosneft Oil Co Pjsc | 0.00 |
BBG004731354 |
16,922,345 |
Stock | 0 | -- |
|
TRNFP RM |
Transneft Pjsc | 0.00 |
BBG00475KHX6 |
2,097,200 |
Stock | 0 | -- |
|
IRAO RM |
Inter Rao Ues Pjsc | 0.00 |
BBG004S68473 |
482,502,010 |
Stock | 0 | -- |
|
NLMK RM |
Novolipetsk Steel Pjsc | 0.00 |
BBG004S681B4 |
22,272,460 |
Stock | 0 | -- |
|
GMKN RM |
Gmk Norilskiy Nickel Pao | 0.00 |
BBG004731489 |
52,917,800 |
Stock | 0 | -- |
|
ALRS RM |
Alrosa Pjsc | 0.00 |
BBG004S68B31 |
33,188,190 |
Stock | 0 | -- |
|
RTKM RM |
Rostelecom Pjsc | 0.00 |
BBG004S682Z6 |
13,944,591 |
Stock | 0 | -- |
|
SVST LI |
Severstal Pao | 0.00 |
BBG000Q3XWC4 |
3,405,164 |
Stock | 0 | -- |
|
.PHOR2 RU |
Private | 0.00 |
BBG0175TL3N9 |
13,642 |
Stock | 0 | -- |
|
.PHOR1 RU |
Private | 0.00 |
BBG0175TKDG6 |
2 |
Stock | 0 | -- |
|
SBER RM |
Sberbank Of Russia Pjsc | 0.00 |
BBG004730N88 |
46,050,016 |
Stock | 0 | -- |
|
SGGD LI |
Surgutneftegas Pjsc | 0.00 |
BBG000NNC0N4 |
1,364,815 |
Stock | 0 | -- |
|
-GBP CASH- |
0.00 |
-- |
508 |
Cash Bal | 677 | -- | |
|
-- |
Other/Cash | 100.00 |
-- |
0 |
Cash | 33,293,884 | -- |
Portfolio
3-YR Risk Measures as of 11/30/2025
-
Beta vs. S&P 500 Index-1.46
-
Correlation vs. S&P 500 Index-0.12
-
Volatility (Standard Deviation)136.80
-
Sharpe Ratio0.75
Currency Exposure (%) as of 11/30/2025
| Other/Cash | 100.00 |
Distributions
Yields as of 12/04/2025
Annual
--
--
10.40%
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 0.0361 | -- | -- | -- | $ 0.04 |
| 2024 | 10/02/2024 | 10/02/2024 | 10/07/2024 | $ 0.2202 | -- | -- | -- | $ 0.22 |
| 2024 | 04/15/2024 | 04/16/2024 | 04/19/2024 | $ 0.6798 | -- | -- | -- | $ 0.68 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | $ -0.0191 | -- | -- | $ 0.0197 | $ 0.00 |
| 2023 | 09/29/2023 | 09/29/2023 | 09/29/2023 | $ -0.2958 | -- | -- | $ 0.3051 | $ 0.01 |
| 2023 | 07/27/2023 | 07/27/2023 | 07/27/2023 | $ -0.3202 | -- | -- | $ 0.3302 | $ 0.01 |
| 2023 | 01/12/2023 | 01/12/2023 | 01/12/2023 | $ -0.0295 | -- | -- | $ 0.0304 | $ 0.00 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | $ 1.5232 | -- | -- | -- | $ 1.52 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.7938 | -- | -- | $ 0.0050 | $ 0.80 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 1.4162 | -- | -- | -- | $ 1.42 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $ 0.9670 | -- | -- | -- | $ 0.97 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 0.9130 | -- | -- | -- | $ 0.91 |
| 2016 | 12/28/2016 | 12/30/2016 | 01/04/2017 | $ 0.0050 | -- | -- | -- | $ 0.01 |
| 2016 | 12/19/2016 | 12/21/2016 | 12/23/2016 | $ 0.3340 | -- | -- | -- | $ 0.33 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | $ 0.5190 | -- | -- | -- | $ 0.52 |
| 2014 | 12/29/2014 | 12/31/2014 | 01/05/2015 | $ 0.0230 | -- | -- | -- | $ 0.02 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 0.6380 | -- | -- | -- | $ 0.64 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | $ 0.7420 | -- | -- | -- | $ 0.74 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 0.7290 | -- | -- | -- | $ 0.73 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | $ 0.5840 | -- | -- | -- | $ 0.58 |
| 2010 | 12/23/2010 | 12/28/2010 | 12/30/2010 | $ 0.1840 | -- | -- | -- | $ 0.18 |
| 2009 | 12/23/2009 | 12/28/2009 | 12/30/2009 | $ 0.0790 | -- | -- | -- | $ 0.08 |
| 2008 | 12/26/2008 | 12/29/2008 | 12/31/2008 | $ 0.3720 | -- | -- | -- | $ 0.37 |
| 2007 | 12/24/2007 | 12/27/2007 | 12/31/2007 | $ 0.1100 | -- | -- | -- | $ 0.11 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.