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 Poland ETF (PLND) 4.8%
The Polish markets surged on Monday, powering PLND and the newer
iShares MSCI Poland Investable Market Index Fund
On Monday, strength from the euro helped lift confidence in the global economic recovery.
United States Natural Gas Fund (UNG) - Get Report 4.0%
A forecast for hot weather is leading investors to anticipate a welcomed uptick in demand for natural gas.
Since the end of May, UNG has seen an impressive rally, erasing a good portion of the losses felt during the opening months of 2010. With BP's busted well still pouring oil into the Gulf of Mexico, I expect the sentiment toward natural gas to only get better. However, UNG is not the best way to play this fuel. Instead, investors should use an equity-based product such as
First Trust Revere-ISE Natural Gas Index ETF
iShares MSCI Italy Index Fund (EWI) - Get Report 2.9%
Strength in the euro lifted some of the more troubled euro-bloc nations. Italy was the largest beneficiary of the group despite seeing its national debt flirt with €2 trillion.
Over the weekend, Italy's minister of the economy announced that starting next year, EU countries will coordinate budgets. Previously, each nation structured their budget independently.
PowerShares Wilderhill Clean Energy Portfolio (PBW) - Get Report 1.6%
The PowerShares Clean Energy ETF has tumbled along with the rest of the market in recent weeks. However BP's troubles in the Gulf of Mexico are highlighting the darkest qualities of the oil industry and putting alternative energy firms into the favorable spotlight.
iPath S&P 500 VIX Short Term Futures ETN (VXX) - Get Report -3.9%
With the euro finding strength and investors regaining confidence in the global economic recovery, the VIX is taking a shot across the bow. Reflecting this flight to the markets, VXX is tumbling back toward its 50-day moving average.
Market Vectors Gold Miners ETF (GDX) - Get Report -1.6%
Investors are pouring back into the market today, raising most equity backed ETFs. However, one sector feeling pressure is gold miners. As investors seek out riskier investments, the safety of gold is being abandoned and the price of the yellow metal is heading lower. In response, GDX and physically backed gold ETFs such as
iShares COMEX Gold Trust
are taking losses.
All prices as of 2:16 PM EST
At the time of publication, Dion Money Management owned IAU and GDX.
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.