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.
Global X Silver Miners ETF
Precious metals are scoring gains today, with silver miners leading the pack.
Market Vectors Junior Gold Miners
is underperforming its large-cap cousin,
Market Vectors Gold Miners ETF
Platinum and palladium, which tend to move in correlation to the rest of the market, are struggling today.
ETFS Physical Palladium Shares
is taking a hit, while
ETFS Physical Platinum Shares
is relatively unchanged on the day.
iPath S&P 500 VIX Short-Term Futures ETN
After the market failed to hold onto gains brought on by Monday's yuan revaluation, the markets are considerably choppy. With investors seeking out the safety of silver and gold in an effort to avoid risk, fear is regaining a presence.
VXX is now trading at its 50-day moving average. It will be interesting to see if the fund can hold onto these levels.
United States Natural Gas Fund
Natural gas prices are tumbling, pushing UNG and
First Trust ISE-Revere Natural Gas Index ETF
lower. Today's dip can be attributed to investors booking profits after prices rallies in response to ideal weather conditions. Typically, when the temperature rises, natural gas stockpiles are drawn upon, driving prices higher.
Heading into the summer, investors should keep a close eye on the forecast as it will likely be a strong determinant of UNG's direction.
iShares Dow Jones U.S. Transportation Average Index Fund
The broad transportation industry is dipping today as IYT continues to struggle to get above its 50-day moving average. Today, shippers are hurting in light of the Baltic Dry Index's recent dismal performance and airlines are facing negative press after the FAA advised
to inspect its fleet of 767s after cracks were discovered.
First Trust S&P REIT ETF
Thanks to a mixed housing numbers report, REIT ETFs are following through Monday's dips with another day of declines. FRI saw a strong rally at the start of June with the rest of the market. However thanks to a couple of dismal reports over the past two weeks, the fund's trajectory has reversed, driving the fund back below its 50-day moving average.
Oil Services HOLDRs
Natural gas is not the only subsector of the energy industry to feel pressure today. Oil producers are also falling as BP's oil spill continues to wreak havoc on the industry's image.
Although OIH is taking the brunt of the heat today,
SPDR S&P Oil & Gas Exploration & Production ETF
iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund
iShares Dow Jones U.S. Oil Equipment & Services Index Fund
are tumbling as well.
All prices as of 2:18 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was long market Vectors Gold Mines.
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.