Once oil prices go up, Russian stocks will go up as well.
Down side:
- World war (The possibility is quite low)
- Continue against Russia? Should not happen right now.
- Well I really do not know any specific down side right now as the economy of Russia is as low as the ground now.
- But Russia will not broke, as China is always supporting it.
https://www.thebalance.com/the-ultimate-guide-to-investing-in-russia-1979064
Popular Russian ETFs include:
- Market Vector Russia ETF Trust (NYSE: RSX)
- iShares MSCI Russia Capped Index Fund (NYSE: ERUS)
- SPDR S&P Russia ETF (NYSE: RBL)
- Market Vectors Russia Small-Cap ETF (NYSE: RSXJ)
Russia's most popular ADRs include:
- Gazprom OAO ADR (OTC: OGZPY)
- Lukoil ADR (OTC: LUKOY)
- Mechel OAO (NYSE: MTL)
- OJSC Polyus Gold ADR (OTC: OPYGY)
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