Russia ETFs Decked by S&P Junk Downgrade
January 26, 2015 at 13:59 PM EST
All four of the worst-performing non-leveraged exchange traded funds to this point in Monday’s session are Russia funds, the result of Standard & Poor’s slapping the first junk rating on the country’s sovereign debt in a decade. Earlier Monday, S&P lowered its rating on Russian debt to BB+,...