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 who's winning and who's losing when it comes to ETFs.
Market Vectors Gold Miners ETF
Gold prices have been on a tear recently, returning to $1,200 levels as investors remained concerned about the strength of the global economic recovery. The rising price of the yellow metal is propelling gold miners higher, helping GDX and
Market Vectors Junior Gold Miners ETF
First Trust Dow Jones Internet Index ETF
is making headlines today after news reports indicated that the company was working with
to develop an Android powered tablet computer which would take on the successful
Google accounts for the largest position in FDN, representing nearly 10% of the fund's total index.
iPath Dow Jones-UBS Grains Total Return Subindex ETN
Grain prices are climbing today as Russia's wheat market remains threatened by lingering drought conditions which have already cut into forecasted yields. On Wednesday, commodities trader Glencore urged the nation's government to institute a ban on wheat exports.
iShares MSCI Turkey Investable Market Index Fund
After running up nearly uninterrupted for more than a month, the Turkey ETF appears to be taking a breather, pocketing its second consecutive day of losses. The fund recently hit a new 2010 high.
Looking to the future, political tension between Turkey and Israel may put some weight on this fund's performance.
iShares MSCI Spain Index Fund
EWP staged an impressive rally through July. Over the past month, the fund has shot through both its 50- and 200-day moving averages, revisiting levels last seen in the second half of April.
Global X China Financials ETF
Investors are fleeing China's financial industry today on word that the nation's banking regulator was urging banks to conduct stress tests to determine how they would be affected by a 60% drop in housing prices.
For a while now, I have warned investors to be cautious of playing China's banking sector and ETFs with heavy financial exposure, such as
iShares FTSE/Xinhua China 25
Claymore/AlphaShares China Small Cap Index ETF
is a far more reliable play for this nation.