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Dion's Thursday ETF Winners and Losers

Don Dion

04/08/10 - 03:38 PM EDT

NEW YORK ( TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of what's rising and what's falling when it comes to ETFs.

Winners

SPDR S&P Homebuilders ETF (XHB) 1.4%

The homebuilder industry and XHB saw a nice jump today. Leading XHB's index was Bed, Bath and Beyond (BBBY), which gained over 4% after reporting strong fourth-quarter earnings. In the most recent three-month period, the company saw its profit increase 60% as a rebounding economy brought consumers back to home decor.

iShares Dow Jones U.S. Regional Bank Index Fund (IAT) 1.25%

Regional bank ETFs have also scored some strong gains today, beating out funds designed to track Wall Street giants. IAT is seeing some of the largest gains as top-held constituents, including Webster Financial, Fulton Financial and First Midwest, head higher.

Retail HOLDRs (RTH) 1.0%

Amidst today's trading, the retail industry managed to pull off some impressive gains. Leading the industry are RTH constituents, Gap and Target, whose March sales reports managed to beat out analyst expectations.

Losers

iShares MSCI Thailand Investable Market Index Fund (THD) -2.9%

Though the THD saw impressive strength throughout the final days of March and early days of April, political unrest appears to be weighing on the nation's economy. Today, the nation's government shut down a number of media outlets and issued warrants for the arrest of protest leaders.

Investors should be cautious of THD going forward as the continued battle between the government and the red shirt protestors could power the fund lower in the near term.

United States Natural Gas (UNG) -2.6%

For the third day in a row this week, natural gas and UNG took a shot across the bow. This week's losses have erased nearly all of the ground gained in its recent rally, and shares are back near their 52-week lows.

Supply continues to weigh on UNG today, with the EIA Natural Gas inventory report showing reserves climbed again.

Market Vectors Indonesia ETF (IDX) -1.9%

Today Indonesia's markets are reeling, after a study conducted by the nation's central bank showed that Indonesian stocks are in a bubble. This news comes days after the nation's Jakarta Index rose to record highs.

Investors holding IDX may find the going rocky for a while as the nation's government may use capital controls to slow the rise in stocks.

All prices as of 2:30 p.m. EST

-- Written by Don Dion in Williamstown, Mass.


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