NEW YORK (TheStreet) -- Welcome to "Don Dion's Daily ETF Winners and Losers." Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.
Market Vectors Gold Miners ETF
Playing the gold miners this week has proved to be a worthy endeavor thanks to good earnings reports from heavyweights such as
. On Friday, the gains continued with gold moving higher, even though stocks moved lower. Gold miners have sometimes tracked with stocks rather than gold, but this week they went with the metal and GDX is outperforming
SPDR S&P 500
by about 7% for the week.
iPath S&P 500 VIX Short-Term Futures ETN
Friday has been another choppy day of trading after U.S. GDP numbers come in slightly below analyst expectations and
(GS) gets whacked. In response to the uneasiness, investors are driving the fear index higher.
Global X Silver Miners ETF
Friday has been a strong day for the precious metals industry. For the first time, the ETF designed to track the top players in the silver industry have managed to score a spot on the winners and losers list.
SIL is one of several new funds from Global X designed to track precious and base metal producers.
SPDR S&P Semiconductor ETF
Despite a number of strong reports, investors have not been kind to the tech industry throughout this most recent earnings season.
During early Friday trading XSD's top holding,
, was down more than 7% despite turning to profit in the most recent quarter. Fellow top holdings,
were down nearly 4% and 3% respectively.
United States Natural Gas Fund
Natural gas prices continued to reel after Thursday's disappointing storage numbers from the Energy Information Administration.
Investors should steer clear of UNG, which is trading in line with a level of support which has been tested four times over the past month. A dip below this area of support, which is its all-time low, could lead to a larger breakdown.
iShares Dow Jones US Oil Equipment Index Fund
As oil from the spill of the coast of Louisiana makes contact with land, President Obama has placed a halt on all new offshore drilling in U.S. waters until the cause for the accident is determined.
IEZ was strong last week and could still see some bright spots in the near future. Until the mess offshore is cleared up, the outlook for this fund is uncertain, but long-term investors may find prices attractive.
All prices as of 1:10 p.m. EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion was not long any of the equities mentioned.
Don Dion is president and founder of
, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.
Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.