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.
United States Natural Gas Fund (UNG) 2.6%
Natural gas prices are staging a recovery after Monday's downturn, aided by a promising weather forecast.
Interestingly, the effect of this upward action is mixed across futures-based products. While UNG is among the industry's strongest gainers, the iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (GAZ) is seeing only limited upward action. GAZ's substantial premium is likely contributing to this divergence.Market Vectors Russia ETF (RSX) 2.3% RSX and other Russia-related ETFs are recovering from Monday's tumble. Outside of Russia, other emerging Europe ETFs are moving higher as well. iShares MSCI Turkey Investable Market Index Fund (TUR) and SPDR S&P Emerging Europe ETF (GUR) are among the industry's biggest movers. The Market Vectors Egypt ETF (EGPT), iShares MSCI Indonesia Investable Market Index Fund (EIDO), and iShares MSCI Sweden Index Fund (EWD) are other international funds in positive territory. Market Vectors Steel ETF (SLX) 2.1% Shares of steel companies are rising on the heels of Steel Dynamics' (STLD) promising earnings report. Although the company accounts for less than 3% of SLX's portfolio, the company's strength is being felt across the sector. This morning's optimistic housing numbers are also likely aiding SLX climb higher.
LosersiPath Dow Jones UBS Cotton Subindex Total Return ETN (BAL) -4.5% The cotton ETN continues to trade in a choppy manner. Tuesday's losses are pushing BAL back to levels seen during the opening half of March. Single crop funds such as BAL and iPath Dow Jones UBS Sugar Subindex Total Return ETN (SGG) have been exciting to watch. However, given their volatile nature, these are not products I would recommend to long-term investors. iPath S&P 500 VIX Short Term Futures ETN (VXX) -4.4% Although it saw a nice jump on Monday, these gains have been wiped away and VXX has once again returned to its downward path. The fear-based fund is treading along at brand new all time lows. The iPath S&P 500 VIX Mid Term Futures ETN (VXZ) is in negative territory as well. However, the fund's decline is less dramatic and it is still well off its record lows.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $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
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV