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.
PowerShares Dynamic Networking Portfolio (PXG) 1.3%
A strong quarterly earnings showing from VMware (VMW) sent shares of the firm up nearly 8% in early afternoon trading. This performance is boding well for PXQ, which lists the company among its top 10 holdings.
PXQ has enjoyed an impressive string of gains over the past few weeks that have helped to propel it through its 200-day moving average for the first time since last July. WisdomTree India Earnings Fund (EPI) 1.6%EPI has seen only two days of negative action in January. This largely uninterrupted rally has helped the fund recover a good portion of the losses suffered during the tumultuous final months of 2011. Fellow India ETFs like the Market Vectors India Small Cap Index ETF (SCIF) have also fared well; if the fund can close out this session in positive territory, it will mark its twelfth consecutive win. iPath S&P 500 VIX Short Term Futures ETN (VXX) 1.0% The ongoing European debt saga has fallen back into focus, making for a choppy day of trading. As major U.S. stock indices struggle to contain losses, the fear-tracking VIX index is powering higher. VXX is on the verge of locking in its first day of gains since January 13.