Thursday, March 13, 2014

What's the deal with RUSL?


I was thinking of picking up some NYSEARCA:RUSL today since it's taken a huge hit from the Crimea debacle, and that smells like a buying opportunity. However I noticed that the fund has performed almost entirely negatively since it opened in May of 2011, and is now down over 90% from its initial price.


Has Russia really experienced a consistent decline in stock prices since May of 2011? Or is RUSL not accurately tracking the performance (x3) of Russian stocks?


Sorry if this is a basic question. I just don't understand ETFs very well.







Submitted March 13, 2014 at 08:46AM by NordlichenUbermensch http://ift.tt/1iELx8S

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