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.

Winners

iShares MSCI Israel Investable Market Index Fund

(EIS) - Get Report

0.9%

The Israeli markets are making some gains today, powering the iShares MSCI Israel ETF. On Monday, the nation admitted that its raid on a Gaza flotilla, which has recently sparked controversy, was a mistake.

Looking to the future, investors seeking to play Israel's markets should keep a close watch on EIS' performance. Political tensions could lead to increased volatility.

Market Vectors Nuclear Energy ETF

(NLR) - Get Report

0.7%

The nuclear energy industry is heading higher at the start of this week in part thanks to an optimistic outlook for the uranium industry. Monday's rise brings the fund back up to its 50-day moving average, a level of resistance last tested in the closing weeks of June.

One of NLR's top holdings,

Cameco

(CCJ) - Get Report

, was up over 4% in midday trading as investors bet that uranium demand would see an uptick from China. CCJ accounts for just under 8% of the fund's total portfolio.

iShares Barclays 20+ Year Treasury Bond Fund

(TLT) - Get Report

0.2%

Coming off of a shortened week, the markets are looking jittery and investors are piling into long term Treasuries as a way to avoid tension. The

UltraShort 20+ Year Treasury Bond ProShares

(TBT) - Get Report

is down 0.4%.

Losers

Market Vectors Steel ETF

(SLX) - Get Report

-3.2%

SLX is taking a hit today as investors express concerns about Chinese demand. On Monday, the spot price of Chinese steel dropped to its lowest levels in a year. Steel was not the only base metal struggling today. Copper also took a hit, pushing the

iPath Dow Jones-UBS Copper Total Return Subindex ETN

(JJC) - Get Report

lower.

SPDR Metals & Mining ETF

(XME) - Get Report

also suffered today.

iShares MSCI Spain Index Fund

(EWP) - Get Report

-1.4%

Although the nation's team managed to beat out the Netherlands to score their first ever World Cup title, Spain is financially struggling as the euro pulls back from its recent strength against the dollar.

Despite the fund's performance last week, investors should remain cautious of EWP and other ETFs designed to track European Union constituents.

Market Vectors Brazil Small Cap ETF

(BRF) - Get Report

-2%

As evidenced by

iShares S&P Latin America 40 Index Fund's

(ILF) - Get Report

underperformance on Monday, Latin American nations are struggling as we head into the week, particularly Brazil. Today, a wide range of Brazilian ETFs have declined; BRF is among the biggest losers, while the newly released

Global X Brazil Mid-Cap ETF

(BRAZ)

is also treading in negative territory as well.

Claymore/MAC Global Solar Energy Index ETF

(TAN) - Get Report

-1.8%

The volatile solar energy ETF is struggling to capitalize on the last few days of gains and is, once again, retreating back towards its 50-day moving average.

Pressuring this fund on Monday is continued uncertainty regarding the status of the euro-region's battle against debt. The multinational focus on sovereign debt has weighed heavily on the solar energy industry, which relies on government subsidies.

All prices as of 2:16 PM EST

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management was not long any of the equities mentioned.

Don Dion is president and founder of

Dion Money Management

, 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.