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 (GDX) 2.9%
Precious metals-related ETFs are bounding higher today, lead by gold miners, which are benefiting from strength in the yellow metal. ETFS Physical Palladium Shares (PALL) is another precious metal linked fund heading higher today.
PALL has had an impressive run as investors seek out protection from market volatility. Additionally, because of its extensive use in the automotive industry, this fund has benefited from the recent round of market strength.iPath Dow Jones UBS Natural Gas Total Return Subindex ETN (GAZ) 2.8% Despite a slightly disappointing storage report from the Energy Information Administration, the natural gas futures-related exchange traded products, GAZ and United States Natural Gas Fund (UNG), are seeing a lift today. The equity backed natural gas fund, First Trust ISE Revere Natural Gas Fund (FCG) is trading in near-unchanged territory. iShares MSCI New Zealand Investable Market Index Fund (ENZL) 1.7% The U.S. markets are seeing some shaky performance as we head towards the close of the week and month. Internationally, however, there are some players scoring gains. Among those heading higher are New Zealand and Italy, as indicated by the positive performance from ENZL and the iShares MSCI Italy Index Fund (EWI). Despite seeing some promising economic news this morning, Europe remains a tricky region of the globe to navigate. Investors with ample risk tolerance should use extreme caution before wading in, opting for ETFs designed to track strong EU constituents such as iShares MSCI Germany Index Fund (EWG) and iShares MSCI Netherlands Investable Market Index Fund (EWN)..
LosersSPDR S&P Oil & Gas Equipment & Services ETF (XES) -2.2% Despite positive earnings reports from integrated energy giants such as ExxonMobil (XOM) and Royal Dutch Shell (RDS.A), oil producers are facing headwinds today, causing funds like XES and iShares Dow Jones U.S. Oil Equipment & Services Index Fund (IEZ) to take losses. Halliburton is acting as a noticeable anchor on XES and IEZ's performance, dropping over 8% today. SPDR KBW Insurance ETF (KIE) -1.3% Genworth Financial (GNW) and MGIC Investment Corp (MTG) were two big laggards hailing from the insurance industry today. GNW was down close to 4% in early afternoon trading as investors prepare for the company's quarterly earnings report while MTG slumped 5% despite seeing a reduction in losses. Together, MTG and GNW account for slightly less than 10% of KIE's total portfolio. iShares Dow Jones U.S. Home Construction Index Fund (ITB) -1.0% The homebuilders are struggling today, leading to losses for ITB. Weakness, however, can be felt across the broad real estate industry as the REIT-focused iShares Cohen & Steers Realty Majors Index Fund (ICF) and broad-based iShares Dow Jones Real Estate Index Fund (IYR) tread in negative territory. All prices as of 2:15 PM EST Written by Don Dion in Williamstown, Mass.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV