Russian President Vladimir Putin chairs a meeting with members of the Security Council at the Novo-Ogaryovo state residence outside Moscow, Russia November 25, 2022. VanEck is liquidating its Russia-centric exchange-traded funds after the ongoing war in Europe has effectively severed the Russian market from Western investors. Russia ETFs plunged after the country's army invaded Ukraine. VanEck's Russia ETFs — the VanEck Russia ETF (RSX) and VanEck Russia Small-Cap ETF (RSXJ) — were effectively frozen after March 4. VanEck's move follows similar announcements by Franklin Templeton last week and BlackRock in August about their Russia ETFs.

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