NEW YORK (TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.

Winners

iShares S&P India Nifty 50 Index Fund

(INDY) - Get Report

2.8%

Strength heading into the weekend is helping INDY recover to its 50-day moving average. Overall, it has been a positive week for this fund, despite the fact that it has jockeyed between gains and losses during the climb.

Other overseas plays with standout gains include the

iShares MSCI Turkey Investable Market Index Fund

(TUR) - Get Report

and

iShares MSCI Australia Index Fund

(EWA) - Get Report

.

iShares Dow Jones U.S. Financial Services Index Fund

(IYG) - Get Report

2.7%

The U.S. markets opened on a positive note following this morning's jobs report. Although indexes have fallen off their highs for the day, many sectors remain in positive territory. The troubled financials are among the biggest winners, with IYG and

iShares Dow Jones U.S. Broker-Dealers Index Fund

(IAI) - Get Report

scoring standout gains.

ETFS Physical Palladium Shares

(PALL) - Get Report

1.8%

The physically-backed palladium ETF is capping a positive week with addition gains. Upward market action, combined with a strong auto sales report, is helping fuel the commodity fund's late-week climb.

Like Thursday, other precious metals ETFs are seeing only limited movement during early afternoon trading.

Losers

iShares MSCI All Peru Capped Index Fund

(EPU) - Get Report

-1.6%

The Peru ETF rally has been stifled over the second half of the week at it struggled against its 200-day moving average. If the fund can regain its footing and power higher, it will mark the first time this level has been surpassed since early April.

Notable losses from

Cia de Minas Buenaventura

(BVN) - Get Report

, its top holding, are weighing heavily on EPU. The fund sets aside nearly one-fifth of its portfolio to this mining player.

United States Natural Gas Fund

(UNG) - Get Report

-1.6%

After scoring top spots among Thursday's winners, futures-backed natural gas exchange traded products such as UNG and the

iPath Dow Jones UBS Natural Gas Subindex Total Return ETN

(GAZ) - Get Report

are paring their gains and closing off the week with losses.

The equity-tracking

First Trust ISE Revere Natural Gas Index Fund

(FCG) - Get Report

was largely unchanged during early afternoon trading.

iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report

-1.2%

This morning's payroll report indicated that jobs grew by less than analysts had been expecting. Any negativity from this less than stellar news, however, was quickly cast aside as investors homed in on the fact that the unemployment rate dipped below 9%.

VXX has tumbled over the course of the week, breaking below November lows.

All prices as of 2:15 PM EST

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management owned the iShares MSCI All Peru Capped Index Fund.