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.
iShares MSCI Spain Index Fund
Spain's markets jumped today after reports that the troubled nation has not and will not seek out economic aid from the EU to help it deal with any looming debt issues.
Despite the optimistic reassurance coming from the nation's top economic leaders, Spain's troubles are far from over. As the nation continue to take steps to deal with its issues, expect volatility to remain.
iPath Dow Jones-UBS Sugar Total Return Subindex ETN
Sugar prices are rising nicely today to six-week highs. As a result, SGG is surpassing its 200-day moving average for the first time since first breaking below it in mid-February.
This sweetener appears to have shown signs of stabilization, but I would advise investors to steer clear of it and other single-commodity ETNs.
Claymore/MAC Global Solar Energy Index ETF
The lack of negative news from Europe is helping to lift the solar industry to welcomed gains on Friday. TAN has seen a nice rally over the last few days, recovering back above previous June highs. If the fund can maintain these levels, it may be evidence that it is bottoming.
United States Natural Gas Fund
Although they faced a tough couple of days, the physically backed natural gas ETFs have managed to end this week on a high note, scoring some of the strongest gains among all ETFs. Today's jump in natural gas prices can be attributed to a welcomed warm weather forecast.
Heading into the summer season, investors playing this fuel will want to keep an eye on how the weather pans out. If mild, expect UNG to see a dip.
Market Vectors Vietnam ETF
The Vietnam ETF is taking a hit today after flirting with its 200-day moving average for the second time since the start of June.
offered harsh words for Vietnam, calling its Internet "restrictive." This story may warrant some attention if it expands into a situation similar as the one between the search giant and China which stole headlines months ago.
United States Oil Fund
Natural gas saw positive action today but a strengthening dollar, a poor retail sales report and increasing inflation in China put pressure on the price of crude oil during Friday's trading, sending futures-based ETFs like USO and
iPath S&P GSCI Crude Oil Total Return Index ETN
iShares MSCI South Africa Index Fund
iShares South Africa was seeing losses despite the start of the highly anticipated 2010 FIFA World Cup. Pressuring the fund was a weakened rand, which fall against the U.S. dollar after the U.S. reported a dismal retail sales report.
All prices as of 2:15 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was not long any of the funds 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.