Wednesday's ETF Winners & Losers

The broad-based rally in stocks was spilling over into the exchange-traded fund market Wednesday, and most sectors were in positive territory.

As February-dated gold bullion contracts rose $3.40 to $630.30 an ounce, ETFs tracking the gold market advanced, as well. The Market Vectors Gold Miners ETF (GDX Quote) was gaining 1.5% to $39.61, and the streetTracks Gold Shares (GLD Quote) was up 0.5% to $62.28.

Following word that the pace of new U.S. home sales was picking up, the SPDR Homebuilders ETF (XHB Quote) tacked on 1.4% to $37.25.

Despite another drop in crude oil futures, the Oil Service HOLDRs (OIH Quote) overcame the pullback and rose 0.7% to $140.97. The PowerShares Dynamic Oil Services Portfolio (PXJ Quote) was higher by 0.9% to $20.03.

Among the few losers were the UltraShort MidCap400 ProShares (MZZ Quote), down 1.6%; the UltraShort S&P 500 ProShares (SDS Quote), off 1.4%; and the UltraShort Dow 30 ProShares (DXD Quote), lower by 1.3%.

Turning to widely held ETFs, the SPDRs (SPY Quote) gained 0.7% to $142.52, the Dow Diamonds (DIA Quote) rose 0.8% to $124.91, and the Nasdaq 100 Tracking Stock (QQQQ Quote) was ahead by 0.6% at $43.39.