NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
iPath S&P 500 VIX Short Term Futures ETN (VXX) 5.1%
Despite seeing some inklings of strength from this morning's initial jobless claims report, the markets have spent much of the day treading in negative territory. Around mid-day, the selling picked up as European economic concerns once again took center stage.
This choppy action has been a boon for the fear-tracking VIX and exchange traded products designed to track it. The iPath S&P 500 VIX Mid Term Futures ETN (VXZ) is on the verge of locking in its fourth consecutive day of positive action.United States Natural Gas Fund (UNG) 1.3% There was weakness across a number of market sectors and other corners of the investing universe. Natural gas, however, appears to be bucking the trend, as futures-backed funds such as UNG and iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (GAZ) find themselves trudging higher. The upward action is welcomed. Prior to Thursday both funds had suffered six consecutive days of losses. There does not appear to be doing much to buoy natural gas producers, however. The First Trust ISE Revere Natural Gas Index Fund (FCG) is off nearly 3%.