) -- Here are five ETFs to watch this week.


iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (GAZ) - Get iPath Series B Bloomberg Natural Gas Subindex Total Return ETN Report 8.7%

Natural gas futures are heading higher after last week's shaky action. The gains seen from the

United States Natural Gas Fund

(UNG) - Get United States Natural Gas Fund LP Report

have helped to quash the fund's five-day slide.

UNG's gains are dwarfed by GAZ, however. This ETN's standout action can be attributed to its substantial premium. This is not a fund to toy with.

Market Vectors Coal ETF (KOL) - Get VanEck Vectors Coal ETF Report 2.4%

March was a shaky month for resource producers as China slowdown fears stole headlines. This issue lingers, but as we start a new month and quarter funds like KOL and the

Market Vectors Rare Earth/Strategic Metals ETF

(REMX) - Get VanEck Vectors Rare Earth/Strategic Metals ETF Report

are scoring solid gains. These funds should be approached with extreme caution. In the event that fears crop up, they could be in for some weakness.

iShares Silver Trust (SLV) - Get iShares Silver Trust Report 2.2%

Silver saw mixed action last week as global turmoil caused precious metals to waver. SLV is kicking off April on a positive note, however, ascending back towards its 50-day moving average.

Other precious metal ETFs like the

ETFS Physical Palladium Shares

(PALL) - Get Aberdeen Standard Physical Palladium Shares ETF Report

are gaining ground as well.

TheStreet Recommends


iPath S&P 500 VIX Short Term Futures ETN (VXX) - Get iPath Series B S&P 500 VIX Short-Term Futures ETN Report -2.3%

As major U.S. stock market indices prepare to close out the first day of Q2 2012 trading on a positive note, exchange traded products linked to the fear index are heading lower. A three day streak of losses has helped to push VXX back towards previous all-time lows.


iPath S&P 500 VIX Mid Term Futures ETN

(VXZ) - Get iPath Series B S&P 500 VIX Mid-Term Futures ETN Report

is trading at record lows.

Market Vectors Solar Energy ETF (KWT) -1.6%

Solar energy stocks are seeing losses, pushing KWT to its fifth consecutive day of negative action. The fund's downturn has been swift; it is currently trading at levels last seen at the start of the year. The

Guggenheim Solar ETF

(TAN) - Get Invesco Solar ETF Report

is also trading at new year-to-date lows.

iShares Dow Jones U.S. Home Construction Index Fund (ITB) - Get iShares U.S. Home Construction ETF Report -0.9%

The real estate sector is witnessing some mixed action as we approach the closing bell. While residential homebuilder ETFs like ITB and the

SPDR S&P Homebuilder ETF

(XHB) - Get SPDR S&P Homebuilders ETF Report

slide, funds backed by real estate investment trusts like the

iShares Dow Jones Real Estate Index Fund

(IYR) - Get iShares U.S. Real Estate ETF Report

are witnessing some slight gains.

All prices as of 2:10 PM DST