NEW YORK (
) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of what's rising and what's falling when it comes to ETFs.
Claymore/MAC Global Solar Energy ETF
The sun is shining on TAN today with the solar energy industry ETF scoring some of the strongest gains across the entire arena. On Wednesday, Chinese solar cell maker,
buoyed the industry when it raised its first-quarter sales forecast.
Though today's market action is impressive, investors should remain cautious of solar and alternative energy sectors as developing and emerging nations focus on budget problems and away from green energy subsidies.
SPDR Gold Shares
During the recent market rally, investors poured into the relatively new palladium and platinum ETFs. Today, however, the market has been mixed and ETF players have instead relied on veteran gold funds like the
SPDR Gold Shares
for protection. Today's broad market decline coupled with a weakening euro have helped gold and gold miners see some nice gains.
United States Natural Gas Fund
After a nice jump at the start of the week from the announced changes to the EIA's supply statistics, the euphoria appears to have worn off. Today, slumping energy prices helped push natural gas prices and UNG to some of the biggest losses across the ETF realm.
TTH is taking a hit today as its top holdings AT&T and Verizon, which account for three-quarters of the portfolio, are struggling to stay out of the red. The fund is heavily influenced by the performance of the two companies.
iShares MSCI Switzerland Index Fund
Europe-focused ETFs have earned a spot among today's losers for the second day in a row with the EWL seeing one of the largest drops. The euro region continues to face troubles due to confusion surrounding the Greek bailout. In addition, the Swiss fund's downturn has been aided by reports that U.S. law enforcement officials are starting another wave of tax evasion cases against UBS clients.
iShares MSCI Israel Investable Market Index Fund
Though the nation's markets touched records Tuesday, on Wednesday, Israeli markets, as tracked by EIS, have seen weakness. Powering the fund lower are losses from a number of top holdings including pharmaceutical giant
. Teva's tumble comes amidst winning approval to produce generic versions of two popular Merck drugs.
Market Vectors Russia ETF
The Russia ETF has had an impressive run so far in April. Today, however, the fund is facing headwinds. A fall in crude oil prices helped pressure the energy heavy fund lower. Investors looking to play RSX in the future should keep in mind that the fund's heavy exposure to energy goliaths causes it to closely track the performance of oil and natural gas.
All prices as of 2:32 p.m. EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion was long Market Vectors Russia, iShares MSCI Israel Investable Market Index Fund and iShares Comex Gold Trust.
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.