NEW YORK ( TheStreet) -- Here are today's ETF Winners and Losers.
Guggenheim Solar ETF (TAN) 4.5%Solar energy stocks are reveling as selling pressure subsides and stock market indices push higher. For TAN, Wednesday's gains mark the first day of positive action since March. The fund's steep, steady downturn has pushed it back to all-time lows.
The Market Vectors Solar Energy ETF (KWT) is heading higher too. The fund also managed to close out yesterday's choppy trading session with gains.
iShares MSCI Spain Index Fund (EWP) 3.1%After five days of losses caused the fund to give back nearly all of its 2012 gains, the Spain ETF appears to be finding some footing. The recent stirrings of stabilization are encouraging, but investors should continue to monitor the fund from the sidelines. The past few weeks have made it clear that the European debt crisis is still unresolved.
The iShares MSCI Italy Index Fund (EWI) is another battered EU ETF that is pushing higher.
Market Vectors Vietnam ETF (VNM) 4.9%As market averages push higher and recover lost ground, risk appetites have returned. In this search for added upside, some investors are turning back to inherently volatile emerging markets. VNM is locking in brand new April highs.
Emerging markets should be approached with caution. In the event that moods reverse, funds like VNM could be in for a rocky ride.