This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

Winners

iPath S&P 500 VIX Short Term Futures ETN (VXX) 4.4%

The markets are struggling to capitalize on Thursday's late day rally as economic concerns once again take center stage. The daily back-and-forth action has done little to ease investor concerns. As fears remain piqued, the VIX has managed to climb higher. The VXX is trading around new 2011 highs.

iShares MSCI Philippines Investable Market Index Fund (EPHE) 0.9%

A number of international ETFs can be found trading in negative territory as macro- economic issues drive investors out of risk. Bucking this trend is the Philippines ETF, which has enjoyed a nice bounce after a steep drop in mid-September.

While impressive, I encourage investors to exercise caution: Emerging nations will likely continue to behave in a volatile manner in the future.

Losers

Teucrium Corn ETF (CORN) -5.6%

Corn prices are taking a hit, thrusting the futures-backed CORN ETF to the top of the losers list. Other products, including the iPath Dow Jones UBS Grains Subindex Total Return ETN (JJG) and iPath Dow Jones UBS Agriculture Subindex Total Return ETN (JJA) are struggling in light of the crop's weakness.

Global X China Consumer ETF (CHIQ) -6.2%

China-related ETFs are heading lower, weighed down by investor concerns about the nation's growth prospects. News that the U.S. Department of Justice is looking into accounting issues at Chinese firms listed in the U.S. is helping to place additional pressure on funds.

Russia is another emerging market player heading lower heading into the weekend as indicated by the losses seen from the Market Vectors Russia ETF (RSX).

SPDR KBW Capital Markets ETF (KCE) -3.1%

The capital markets ETF is failing to capitalize on Thursday's upward action. Leading the fund's index lower are top holdings Morgan Stanley (MS) and Franklin Resources (BEN).

I encourage conservative investors to avoid exposure to the U.S. financial sector. With global economic turmoil still dominating headlines, this slice of the market will likely continue to behave in a shaky manner.

All prices as of 2:15 PM EST

Written by Don Dion in Williamstown, Mass.

RELATED ARTICLES:


At the time of publication, Dion Money Management did not own any equities mentioned.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CORN $23.84 0.00%
CHIQ $15.71 0.00%
EPHE $42.03 0.00%
KCE $50.95 0.00%
VXX $20.89 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs