The past two World Cup-hosting countries saw gains in their equity markets in the year after the event, says Russell Investments.

Read: Beware the World Cup’s effect on markets

South Africa, host of the 2010 World Cup saw its equity market return 12.4% between the close of competition on July 11, 2010 and July 11.

Read: World Cup won’t propel Brazil’s economy

The equity market in Germany, host of the 2006 World Cup, returned 28.3% between the close of competition on July 9, 2006 and July 9, 2007.

Read: Match-fixing scandal mars World Cup’s reputation

With the equity market in Brazil, this year’s host country, down nearly 20% year-over-year it would benefit from such a boost.

The Russell Emerging Markets Index country constituent Brazil is down (-16.6%) for the year ended May 27, 2014, while the Russell Emerging Markets Index is down (-0.8%) for the same time period.