NEW YORK (TheStreet) -- Here are five ETFs to watch this week.

iShares FTSE China 25 Index Fund

(FXI) - Get Report

After weeks of relentless strength, the early year rally at last took a breather. China growth fears helped to fuel the bears' intervention. As we look to the week ahead, it will be interesting to see if stocks are able to shake off these concerns and regain their footing.

The past few weeks have been rough for FXI. Over the past month, the fund fell more than 5%. Recently, on

ETF Profits

, I noted that Thailand may be a more attractive option for aggressive investors looking to venture into Asia at this time. During the same period, the

iShares MSCI Thailand Investable Market Index Fund

(THD) - Get Report

has held up well, returning over 3% gains.

VelocityShares Daily 2x VIX Short Term ETN

(TVIX) - Get Report


In recent months, I've been following the wild day-to-day swings in the premium-laden

iPath Dow Jones UBS Natural Gas Subindex Total Return ETN

(GAZ) - Get Report

. TVIX is another product that has been dealing with a substantial disconnect in the weeks since Credit Suisse announced that it was suspending share creation.

When I've discussed premiums in the past, I've mentioned that those left holding a product like TVIX or GAZ when normal share creation is restored are the ones that will be taken for a loop. Sure enough, this week, we watched this development unfold.

Near the end of the weekend, reports that Credit Suisse was planning to restart share creation caused TVIX to drop dramatically. On Thursday, the ETN retreated towards its underlying index, resulting in a single day loss of nearly 30%. This tumble occurred even as the VIX and other volatility-tracking products like the iPath

S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report

pushed higher. On Friday, the pain continued, sending the fund trading down more than 20%.

Investors should not be playing around with disconnected products like TVIX and GAZ. Steer clear.


(XRT) - Get Report

Next week's economic calendar is busy with the third fourth-quarter GDP revision and durable goods report on tap. Consumers will also be focused on March's consumer confidence data that is being released. Questions have weighed on this corner of the economy throughout the opening quarter of the year. However, in looking at the relentless strength seen from XRT, it is clear that shoppers remain resilient.

Investors will get another glimpse into the state of the retail industry this week when consumer electronics giant

Best Buy

(BBY) - Get Report

steps up to the earnings plate.

First Trust Dow Jones Internet Index Fund

(FDN) - Get Report

As its stock price has surged to breathtaking heights,


(AAPL) - Get Report

has continued to dominate technology-related discussion. While the Cupertino-based giant remains in the spotlight, other technology players have managed to stealthily push higher as well. Year to date,

(CRM) - Get Report






have all managed to trade in line or surpass Apple.

FDN casts a wide net over the internet industry, listing both CRM and PCLN in its top 10 holdings. Other household names including


(GOOG) - Get Report



(AMZN) - Get Report

also top its roster.

iShares Dow Jones U.S. Home Construction Index Fund

(ITB) - Get Report

Last week's real estate-heavy economic calendar provided investors with a number of clues regarding the state of the battered housing industry. In looking at the recent spurt of bipolar performance seen from ITB and the

SPDR S&P Homebuilder ETF

(XHB) - Get Report

, and witnessing the big earnings miss from

KB Homes

(KBH) - Get Report

, it is clear that the industry is still facing hurdles.

This week, more insight will be uncovered when the pending home sales report and Case-Shiller 20-city Index are released. ITB's top holding


(LEN) - Get Report

is also slated to report earnings on Tuesday.

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management did not own any equities mentioned.