It’s not Cheap to Hedge Russia ETFs
May 07, 2014 at 07:00 AM EDT
As tensions flare in Ukraine, traders are paying up to hedge against losses in exchange traded funds holding Russian equities. With the benefit of 2.3% gain Tuesday, the Market Vectors Russia ETF (NYSEArca: RSX) is down 1.3% over the past month, but that loss grows to 4.4% when measured from April...