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.
ETFS Physical Silver Shares (SIVR) 3.4%
The markets are behaving in a mixed manner in response to China's decision to hike interest rates. The jittery performance is having a positive effect on the precious metals market, lifting physically based and miner focused products higher.
Although they took a hit in the start of 2011, improving economic conditions bode well for the silver ETFs looking ahead. SIVR and iShares Silver Trust (SLV) are rebounding and appear on the cusp of revisiting previous highs as industrials and speculators attempt to position themselves for continued growth.
Market Vectors Junior Gold Miners ETF (GDXJ) is leading the basket of gold-related ETFs today. iShares Dow Jones U.S. Home Construction Index Fund (ITB) 2.1% Despite today's earnings miss from Beazer Homes (BZH), the homebuilder ETFs are powering higher today, leading ITB and SPDR S&P Homebuilder ETF (XHB) to lock in another day of gains. Although the residential real estate market remains shaky, looking to the near term, ITB and XHB could be in for strength as we approach the busy spring season. iShares MSCI Germany Index Fund (EWG) 0.9% Pockets of strength can be found among the Europe-focused ETFs as EWG and iShares MSCI France Index Fund (EWQ) carve out gains. Although nations such as Germany and France appear promising, investors should continue to use caution when venturing into Europe. Debt continues to threaten members of the E.U. bloc and turmoil will likely persist.