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.
iShares MSCI Sweden Index Fund (EWD) 3.5%
Europe is leading the markets higher as we approach the end of the week. Sweden is out in front of the positive move by ETFs linked to the troubled euro monetary bloc. Despite these impressive gains, EWD is struggling to regain the ground lost during its early week downturn.
Guggenheim China Small Cap ETF (HAO) 2.6%China is securing a top spot on the winner's list, improving investor confidence in the emerging economic growth engine. Inherently volatile small-cap names are seeing the biggest bounce, as HAO works off the losses seen at the start of the week. Other winning ETFs linked to the emerging world include the Market Vectors India Small Cap Index ETF (SCIF) and the iShares MSCI Russia Capped Index Fund (ERUS). Guggenheim Solar ETF (TAN) 2.3% After six consecutive days of losses, the solar energy-tracking TAN is finding some footing and powering to gains. It has been a rough couple of weeks of this volatile fund. Since peaking during the first half of February, it has witnessed only five other days of upward action.