Dion's Monday ETF Winners and Losers

Biotech ETFs were surging in today's trading session.
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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

SPDR S&P Biotech ETF

(XBI) - Get Report

3.7%

A slew of biotechnology focused ETFs are topping today's list of winners. XBI is among one of the biggest gainers as top holdings

Genzyme

(GENZ)

and

Biogen

(BIIB) - Get Report

jump more than 5% in afternoon trading.

Due to wild swings in individual companies, playing the biotech industry can be an exciting, albeit tricky endeavor. ETFs like XBI however, reduce this volatility thanks to owning a basket of stocks.

iShares Dow Jones U.S. Home Construction Index Fund

(ITB) - Get Report

2.6%

Today's new home sales numbers were up today, providing the home construction ETF with some fuel to move higher.

Real estate and housing remain risky areas of the market. However, in recent days, ITB has managed to carve out a new July high, the first positive sign for the fund this month.

iShares Dow Jones Transportation Average Index Fund

(IYT) - Get Report

2.5%

Last week a collection of top IYT holdings released analyst-beating earnings reports, providing the fund with the momentum needed to retest June highs.

On Monday, top holding

FedEx

(FDX) - Get Report

added to the transportation industry's positive outlook by increasing its earnings prediction for the third quarter. Strength can also be found from rail companies including

Union Pacific

(UNP) - Get Report

and

CSX

(CSX) - Get Report

, which were both up more than 2%.

ETFS Physical Palladium Shares

(PALL) - Get Report

2%

Precious metals with many industrial uses such as palladium, platinum and silver, are treading higher today as U.S. markets remain in positive territory.

Today's increase brings PALL through its 50-day moving average for the first time since breaking below it in early May.

Losers

iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report

-3.2%

The VIX-based ETN topping today's list of losers has reverted back to early May levels as strong earnings help investors regain some confidence in the global economic recovery.

The

iPath S&P 500 VIX Mid Term Futures ETN

(VXZ) - Get Report

is seeing weakness today as well, dipping 1.1%.

iPath Dow Jones-UBS Grains Total Return Subindex ETN

(JJG) - Get Report

-1.6%

Although it staged an impressive rally heading into the start of July, the grain ETN is taking a hit today, leading broader agricultural ETFs such as

PowerShares DB Agriculture

(DBA) - Get Report

and

iPath Dow Jones-UBS Agriculture Total Return Subindex ETN

(JJA) - Get Report

lower.

Market Vectors Gold Miners ETF

(GDX) - Get Report

-0.7%

Gold prices are starting off the week on a weak note as investors flee the metal in favor of riskier asset classes. In response to the slumping commodity, gold miners are taking a hit. Several major holdings in GDX will report earnings later this week.

All prices as of 2:15 PM EST

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management was long Market Vectors Gold Miners.

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.