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 Taiwan Index Fund
iShares Taiwan is enjoying some nice gains today as the global economic recovery drives investors into the nation's markets.
Looking to this week, earnings season may provide some direction for EWT as top holding
is scheduled on Tuesday to report its performance over the past three months. Although a good report would typically be enough power this fund higher, based on the market's reaction to other tech companies throughout this season, numbers will have to amaze.
TSM accounts for nearly 14% of the fund's total portfolio.
SPDR Dow Jones REIT ETF
Real estate continues to power higher thanks to growing positive sentiment across the industry stemming from last week's stronger-than-expected report on new home sales.
Though impressive, investors should be cautious of the real estate industry as we get closer to Friday when the government tax credit for home buyers officially expires.
Market Vectors Steel ETF
Steel is up today with iron ore producers and steelmakers trading higher.
From February until the start of April, SLX scored consistent gains, allowing it to successfully overcome its 50-day moving average. However, in recent weeks the fund's trajectory has stumbled, causing the fund to fall back to its 50-day moving average. Over the past two days, the fund successfully tested support.
Investors may want to take a look at this fund's performance over the next few days to see if its recent reversal can translate into a longer trend.
SPDR KBW Regional Banking ETF
Ongoing debate in Washington over financial reform is weighing on the financial industry today with regional banks taking the brunt of it.
dominated headlines as the investor attempted to shield
massive derivative portfolio from Washington's regulatory hammer. Unfortunately, the government does not appear willing to budge and Buffett's own "financial weapons of mass destruction" will receive no special treatment.
United States Oil Fund
Oil prices retreated during Monday's trading, dipping below $85 per barrel. Concerns regarding the Greece bailout helped pressure the euro against the dollar, making the commodity more expensive for Europeans.
USO had a nice weeklong run heading into April that helped power the ETF to new 2010 highs. However, since the start of the month, the fund's performance has been noticeably choppy, dipping close to its 50-day moving average.
Market Vectors Vietnam ETF
The wildly volatile Vietnam ETF is taking a hit today after two consecutive days of gains.
Looking to the future, inflation may prove to be a weight on this nation's markets. According to a report from
, there is a good chance that Vietnam's inflation could surpass 10% this year.
All prices as of 2:15 p.m. EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion does not own 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.