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.
Market Vectors India Small Cap Index ETF (SCIF) 4.3%
After a string of steep losses, the small cap India ETF is at last finding some footing, benefiting as markets head higher. These gains are impressive, helping the volatile product recover just about all of the ground lost during Monday's downturn.
Other India-related ETFs are reveling in the strength. The WisdomTree India Earnings Fund (EPI) is up over 2% during early afternoon trading.iShares Silver Trust (SLV) 4.3% Silver and other industry-linked precious metals are benefiting as investors remain resilient in their bullishness. In addition, the ETFS Physical Palladium Shares (PALL) is sitting in solid positive territory. Even gold is heading higher. The iShares Gold Trust (IAU) is up less than 1%. Market Vectors Indonesia ETF (IDX) 1.8% While India is leading the way, a variety of other emerging market-related ETFs are also pushing higher. The Indonesia-tracking IDX is jumping, putting an end to its five-day string of losses. Meanwhile, funds linked to Eastern Europe, like the iShares MSCI Turkey Investable Market Index Fund (TUR) and the iShares MSCI Poland Investable Market Index Fund (EPOL) have quickly shaken off the Greece downgrade news.