| Market Vectors Russia Small-Cap ETF is an open-end management investment company. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Market Vectors Russia Small-Cap Index. As of Dec 31 2013, the Fund's total assets were $17,756,949 and its investment portfolio was valued at $16,939,279. We show 20 historical shares outstanding datapoints in our RSXJ shares outstanding history coverage, used to compute RSXJ market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RSXJ market cap history over the course of time is important for investors
interested in comparing RSXJ's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RSXJ versus a peer is one thing; comparing
RSXJ market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RSXJ can fluctuate over the course of history.
With this page we aim to empower investors researching RSXJ by allowing them to research the RSXJ market cap history.