Dion's Friday ETF Winners and Losers
NEW YORK ( TheStreet) -- Welcome to Don Dion's "Daily ETF Winners and Losers." Be sure to stop by each day to find out which ETFs are gaining or losing.
CurrencyShares Swiss Franc Trust (FXF) 1.6%
The Swiss franc has become a go-to option with investors worried about the debt issues facing the U.S. and EU. Demand for this safe-haven corner of the currency markets has driven shares of FXF along a steep upward path.
Although its gains are not as dramatic as FXF's, the yen-tracking CurrencyShares Japanese Yen Trust (FXY) is benefiting as investors steer clear of risky asset classes. Guggenheim Solar ETF (TAN) 1.6%The sun is shining on the solar energy sector as we head into the weekend, leading TAN to industry-leading gains. This slice of the alternative energy spectrum has run into steep headwinds over the past few months as developed nations struggle to combat against looming debt concerns. Continue to approach this industry with caution. Market Vectors Brazil Small Cap Index ETF (BRF) 1.4% Brazil's markets are closing out the choppy week on a positive note. Leading the march higher is BRF, which is designed to track the smallest publicly traded Brazilian firms. In the past, I have pointed to BRF as an attractive option for investors looking for exposure to Brazil's growing consumer class.
LosersProShares UltraShort 20+ Year Treasury Bond ETF (TBT) -3.4% Long-term U.S. treasuries are benefiting as sweeping market uncertainty leading investors out of stocks and into defensive assets. As iShares Barclays 20+ Year Treasury Bond Fund (TLT) heads higher, the leveraged, inverse tracking TBT is slumping. Friday's losses mark TBT's fifth consecutive day of declines. The fund is now trading at brand new 2011 lows. Teucrium Corn ETF (CORN) -2.5% A slew of futures-tracking, commodity ETFs and ETNs are taking hits as the market's jittery action leads investors to question the strength and longevity of the economic recovery. CORN and iPath Dow Jones UBS Grains Subindex ETN (JIG) are leading the retreat. The iPath Dow Jones UBS Cotton Subindex Total Return ETN (BAL) and United States Natural Gas Fund (UNG) are falling as well. Coffee prices appear to be holding steady, however, as evidenced by the 1% gain seen from the iPath Dow Jones UBS Coffee Subindex Total Return ETN (JO).
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