The S&P Russia fund is an exchange traded fund (ETF) within the SPDR family. There is at least 1 fund that is incredibly highly correlated with RBL.
Within the SPDR family of funds, the most positively correlated other funds are S&P Emerging Europe, S&P Emerging Latin America, S&P Metals and Mining, Barclays International High Yield Bond, S&P Emerging Markets Dividend.
Outside of the SPDR family, the most positively correlated other funds are iShares - MSCI Russia Capped ETF, iShares - MSCI Emerging Markets Energy Capped ETF, iShares - Latin America 40 ETF, iShares - MSCI Brazil Capped ETF, iShares - MSCI Brazil Small-Cap ETF.
|HYMB||SPDR||Nuveen S&P High Yield Municipal Bond||-84.7%|
|INY||SPDR||Nuveen Barclays New York Municipal Bond||-84.3%|
|CXA||SPDR||Nuveen Barclays California Municipal Bond||-83.7%|
|TFI||SPDR||Nuveen Barclays Municipal Bond||-83.1%|
|CBND||SPDR||Barclays Issuer Scored Corporate Bond||-82.9%|
|SCHO||Schwab||Short Term U.S. Treasury||-88.0%|
|FSITX||Fidelity||Spartan U.S. Bond Index Fund - Fidelity Advantage Class||-87.1%|
|PWZ||PowerShares||Insured California Municipal Bond Portfolio||-86.5%|
|SCHR||Schwab||General U.S. Treasury||-86.3%|
|BNDX||Vanguard||Total International Bond||-85.9%|
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