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.
United States Natural Gas Fund
Every Thursday the Energy Information Administration releases its natural gas storage report. In the previous week, producers added 78 billion cubic feet of gas to supplies, surpassing the amount predicted by analysts. Interestingly, though supply saw a larger uptick than expected, futures prices and UNG have jumped.
iPath Dow Jones UBS Grains Total Return Subindex ETN
The recent stretch of hot, dry weather is threatening to strangle crops including soybeans, wheat and corn. Forecasts of a dip in supply are helping to power JJG and other agricultural futures-based ETFs such as
PowerShares DB Agriculture Fund
iPath S&P 500 VIX Short Term Futures ETN
The markets are taking their lumps today, providing a chance for the fear-based VIX ETNs to score gains. This negative action comes despite a strong earnings report from
Looking to after the bell and tomorrow, a number of other big names including
are scheduled to report their second-quarter earnings.
iShares FTSE/Xinhua China 25 Index Fund
SPDR China ETF
are taking heavy hits today after news that the nation's economy grew less than previously expected. The pain, however, was not solely felt by large-cap firms.
Claymore/AlphaShares China Small Cap Index ETF
also tumbled, albeit less dramatically.
Going forward, HAO remains my choice for China bulls. Its focus on the nation's consumer and avoidance of large, state owned corporations makes it far more attractive.
iShares Dow Jones U.S. Oil Equipment & Services Index Fund
Oil producers are taking a hit despite news that BP has made a good amount of headway in their ongoing attempt to halt the flow of oil pouring from the site of the Deepwater Horizon rig.
Today's dip can be attributed to crude prices which are falling as investors express concerns about global economic growth.
Market Vectors Coal ETF
During last year's rally, KOL's heavy exposure to the Chinese coal industry helped it achieve a dramatic ascent. However, with concerns regarding the nation's ability to sustain its previous level of economic growth, the 22% slice of the fund devoted to Chinese firms is weighing on its performance.
SPDR KBW Bank ETF
JPMorgan's earnings beat was not enough to perk up the financials today as U.S. banks lead the market lower. KBE's unique structure exposes investors to not only big names like JPM,
Bank of America
, but also a diverse collection of large regional banks.
All prices as of 2:15 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management did 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.