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 Wednesday ETF Winners and Losers

NEW YORK (TheStreet) -- Here are today's ETF Winners and Losers.

Winners

iPath S&P 500 VIX Short Term Futures ETN (VXX) 5.1%

The effects following the release of yesterday's FOMC minutes have carried over into Wednesday's trading action, sending major stock market indices lower. As the market struggles to find its footing, the fear index has managed to power higher. VXX is currently witnessing its third consecutive day of gains. The iPath S&P 500 VIX Mid Term Futures ETN (VXZ) is staging a bounce off all-time lows.

iShares Barclays 20+ Year Treasury Bond Fund (TLT) 1.2%

With the Federal Reserve stifling hopes for a new round of quantitative easing, investors have fled for cover. This risk-off mentality has helped TLT recoup some gains since falling to its 200-day moving average.

In addition to long-term U.S. treasuries, the greenback is heading higher. The PowerShares DB U.S. Dollar Index Bullish Fund (UUP) is up around one half of a percent.

Losers

Market Vectors Junior Gold Miners ETF (GDXJ) -5.4%

Gold ended up taking a big hit yesterday after the FOMC's announcement. As the end of the shortened trading week approaches, however, the selling pressure isn't letting up. The iShares Gold Trust (IAU) is off over 1.5% heading into the close. This weakness combined with the downward equity action is boding poorly for funds like GDXJ. The fund is tumbling to new 2012 lows.

Gold miners aren't the only ones heading lower though. The Global X Silver Miners ETF (SIL) is also taking a hit.

iShares MSCI South Africa Index Fund (EZA) -3.7%

While dedicated precious metal funds like GDXJ, SIL, and IAU are heading lower as gold and silver hits, losses can also be seen from miner-heavy emerging market funds. EZA, which boasts heavy exposure to companies like AngloGold Ashanti (AU), Impala Platinum, and Gold Fields (GFI), is revisiting levels last seen at the end of January.

Market Vectors Rare Earth/Strategic Metals ETF (REMX) -3.5%

Gold and silver miners aren't the only commodity producers heading lower with the end of the trading day approaching. REMX and the SPDR S&P Metals & Mining ETF (XME) are also taking shots across the bow.

Earlier this week I warned investors that commodity-related funds may run into trouble as China struggles to find footing. Be cautious here.

iShares MSCI Germany Index Fund (EWG) -3.0%

The FOMC minutes are not the only factor weighing on sentiment at this time. Europe-related turmoil is also igniting fears and causing investors to take cover. Losses can be seen across funds linked to troubled nations like Spain and Italy. EWG, the iShares MSCI Sweden Index Fund (EWD), and the iShares MSCI France Index Fund (EWQ) are also taking some heavy hits.

All prices as of 2:11 PM DST

At the time of publication, Dion Money Management owned IAU.

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
TLT $120.39 0.03%
GDXJ $26.03 0.04%
REMX $26.44 0.42%
VXX $18.72 0.38%
EWG $30.18 -1.30%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs