Friday's ETF Winners & Losers

Exchange-traded funds tracking precious metals were among the few winners of a losing session Friday, as gold and silver prices were on the rise.

Recently, gold futures were adding $5.50 to $683.60 an ounce, and silver was higher by 7 cents to $13.44 an ounce.

The PowerShares DB Base Metals (DBB Quote) ETF rose 42 cents, or 1.5%, to $28.66. The iShares Silver Trust (SLV Quote) was up $1.44, or 1.1%, to $133.13. The PowerShares DB Gold (DGL Quote) was adding 26 cents, or 1%, to $26.97. The iShares Comex Gold Trust (IAU Quote) ETF was climbing by 52 cents, or 0.8%, to $67.64.

Bundled securities following U.S. Treasuries were also higher, as bonds rallied Friday. The 10-year note was up 19/32 in price, yielding 4.94%, and the 30-year bond was higher by 28/32, yielding 5.05%.

The SPDR Lehman Long-Term Treasury (TLO Quote) ETF was higher by 46 cents, or 0.9%, to $49.98. The iShares Lehman 20+ Year Treasury Bond (TLT Quote) ETF was adding 75 cents, or 0.9%, to $85.94. The iShares Lehman 10-20 Year Treasury Bond (TLH Quote) ETF was up 55 cents, or 0.6%, to $98.24.

Meanwhile, homebuilders were the worst decliners of the day after KB Home(KBH Quote) CEO Jeffrey Mezger said that he does not expect the housing market to bottom until late 2008. Among individual names, KB Home, Centex (CTX Quote), Hovnanian (HOV Quote), Toll Brothers (TOL Quote) and Lennar (LEN Quote) were all lower by 3% or more.

The iShares Dow Jones U.S. Home Construction (ITB Quote) ETF was losing $1.06, or 3.4%, to $30.14. The SPDR S&P Homebuilders (XHB Quote) was down 86 cents, or 2.8%, to $29.49. The PowerShares Dynamic Building & Construction (PKB Quote) was lower by 59 cents, or 2.8%, to $20.85.

Financial-related ETFs were also among the worst decliners. Morgan Stanley (MS Quote), Merrill Lynch (MER Quote), Lehman Brothers (LEH Quote) and Ameriprise Financial (AMP Quote) were all slumping by 3.1% or greater.

The Ultra Financials ProShares (UYG Quote) ETF was shedding $1.79, or 2.8%, to $62.56. The iShares Dow Jones U.S. Broker-Dealers (IAI Quote) ETF was recently down $1.23, or 2.2%, to $54.30. The Regional Bank HOLDRs (RKH Quote) was falling by $2.70, or 1.7%, to $152.40.