NEW YORK (TheStreet) -- Welcome to Don Dion's "Daily ETF Winners and Losers." Be sure to stop by each day to find out which ETFs are gaining or losing.

Winners

iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report

2.3%

VXX has witnessed five consecutive days of gains as the investing environment has remained unsettlingly shaky. This rise has helped the ETN recover back to its 50-day moving average for the third time in a month.

Looking to the near term, it will be interesting to see if this level proves once again to be a point of resistance.

ProShares UltraShort 20+ Year Treasury Bond ETF

(TBT) - Get Report

2.3%

After a four days of gains, the long-term, Treasury-tracking

iShares Barclays 20+ Year Treasury Bond Fund

(TLT) - Get Report

is turning lower. This action bodes well for TBT which is designed to reflect double the inverse performance of this corner of the fixed income spectrum.

iShares Silver Trust

(SLV) - Get Report

1.7%

Silver prices are witnessing a bounce as investors seek out the protection of precious metals. For the first time since its early-May downturn, shares of this physically-backed precious metal ETF have managed to rise above its 50-day moving average.

Gold ETFs are seeing more tepid gains, with

iShares Gold Trust

(IAU) - Get Report

, up less than 0.5% in early afternoon trading.

Losers

iPath Dow Jones UBS Cotton Subindex Total Return ETF

(BAL) - Get Report

-5.3%

The agriculture industry is facing selling pressure as we head towards the close of the week. Leading the retreat are a slew of single-crop focused products including BAL,

iPath Dow Jones UBS Sugar Subindex Total Return ETN

(SGG) - Get Report

and

Teucrium Corn ETF

(CORN) - Get Report

."

Comparatively, the equity-backed

Market Vectors Agribusiness ETF

(MOO) - Get Report

is seeing only limited action to the downside. In early afternoon trading the fund was off less than 1%.

United States Oil Fund

(USO) - Get Report

-2.1%

Futures-tracking oil ETFs like

iPath GSCI Crude Oil Total Return ETN

(OIL) - Get Report

and USO are taking shots across the bow as downward market action again weighs on investor confidence.

The

United States Natural Gas Fund

(UNG) - Get Report

started off the day on a sour note in reaction to the Energy Information Administration's weekly storage report. As we approach the close, however, the fund appears to have rebounded and is currently trading in unchanged territory.

SPDR Regional Banking ETF

(KRE) - Get Report

-1.2%

JPMorgan

(JPM) - Get Report

started off the day on a positive note, announcing quarterly earnings numbers that exceeded analyst expectations. Although the banking giant report has helped the firm stay buoyed throughout the trading day, the broader financial realm has struggled to find stable ground.

Small, regional banks are seeing the heaviest hit, leading KRE to industry leading losses.

Investors with exposure to banks will want to keep a close watch on

Citigroup

(C) - Get Report

on Friday when it reports earnings.

All prices as of 2:14 PM EST

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management owned iShares Gold Trust.