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.
iPath Dow Jones UBS Cotton Subindex Total Return ETN (BAL) 5.1%
Commodities are seeing mixed action at the start of this week. While agriculture-related funds such as the Teucrium Corn ETF (CORN), BAL, and iPath Dow Jones UBS Sugar Subindex Total Return ETN (SGG) are heading higher, other resources are stuck in negative territory.
It is difficult to judge where these single commodity funds will head from day to day. Investors looking for a stronger, more reliable long term play should turn to diversified options like PowerShares DB Agriculture Fund (DBA).iShares MSCI Turkey Investable Market Index Fund (TUR) 1.6% The Turkey ETF has struggled throughout this month as uncertainty persists across the Middle East and Northern Africa. During this period, the fund has moved downward, dipping below its 50- and 200-day moving average and revisiting levels seen prior to its April run-up. iShares MSCI Sweden Index Fund (EWD) 1.9% The Swedish marketplace is starting off the week on a positive note, leading EWD to gains. Sweden may prove to be an attractive option for investors looking for relatively stable European exposure. However, before jumping into this fund it is crucial to remember that nearly 20% of its portfolio is spread across two holdings: Ericsson (ERIC) and H&M.
LosersUnited States Gasoline Fund (UGA) -4.0% Gasoline prices are taking a steep hit at the start of this week, leading the futures-based UGA to industry leading losses. Meanwhile, other energy related ETFs are behaving in a mixed fashion. The United States Oil Fund (USO) is following UGA lower while the United States Natural Gas Fund (UNG) is up nearly 2%. First Trust Dow Jones Internet Index Fund (FDN) -2.0% Internet players including Amazon (AMZN), eBay (EBAY), Salesforce.com (CRM) and Yahoo! (YHOO) are running into trouble and leading the internet ETF to notable losses. Despite its downturn, I continue to view FDN in a positive light. The fund is a strong play for investors looking for a well-balanced way to tap into the technology industry.
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