This Week's ETF Winners & Losers

Precious metals-related exchange-traded funds were among the best performers of a holiday-shortened week, as prices of gold and silver jumped more than 4%.

The streetTRACKS Gold Shares (GLD Quote) ETF finished up 4.1% to $69.25. The iShares Comex Gold Trust (IAU Quote) ETF rose 4.1% to $69.40. The PowerShares DB Gold (DGL Quote) ETF added 3.9% to $27.56.

Oil-related ETFs were also higher, as crude prices finished with a weekly gain of 3.6% at $76.60 a barrel.

The Ultra Oil & Gas ProShares (DIG Quote) ETF rose 3% to $99.17. The iShares Dow Jones U.S. Oil & Gas Exploration Index (IEO Quote) added 3% to $56.09. The SPDR S&P Oil & Gas Exploration & Production (XOP Quote) ETF finished up 2.5% to $44.20.

On the other hand, housing ETFs were among the worst decliners of the week. On Wednesday, the National Association of Realtors said its pending home sales index dropped 12.2% in July to a reading of 89.9, providing the latest evidence that the slowdown in housing is continuing. Over the last year, the index has fallen 16.1%.

The Mortgage Bankers Association released a report Thursday that said 5.1% of the loans in its survey were delinquent in the second quarter and that the number of dwellings entering foreclosure hit a record high. Subprime delinquencies rose to 14.82%, the highest since the second quarter of 2002.

Also, Hovnanian (HOV Quote) posted a fiscal third-quarter loss that was worse than expected, and Beazer Homes (BZH Quote) tumbled after word the homebuilder had received default notices for five senior notes.

The iShares Dow Jones U.S. Home Construction (ITB Quote) ETF lost 7% to $21.99. The SPDR S&P Homebuilders (XHB Quote) ETF ended down 6.6% to $23.20.

Retail ETFs were also among the losers, despite relatively strong same-store sales results on Thursday, as the weak jobs report raised fears that consumer spending would decline.

The PowerShares Dynamic Retail (PMR Quote) ETF shed 5.9% to $17.35. The Retail HOLDRS (RTH Quote) was lower by 4.9% to $96.97. The SPDR S&P Retail (XRT Quote) ETF closed down 3.9% to $37.87.