The biggest Russian ETFs are filled with cash, US assets
ETFs issued by BlackRock, DWS and VanEck have sold nearly all of their ‘uninvestable’ Russia stock
Four out of the 10 largest Russian exchange-traded funds (ETFs) no longer hold Russian securities and now mostly consist of cash or US securities, according to their public holdings documents.
Large ETF issuers, including BlackRock, VanEck and DWS appear to have found a way to exit Russian assets despite the closure of the Moscow Exchange, which has been shut since February 25. Several global exchanges have also suspended trading in global depositary receipts (GDRs) and American depositary
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