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.
ETFS Physical Palladium Shares
Palladium prices and PALL have continued to score gains today as the precious metals market continues to head higher. Palladium and its cousin platinum are currently trading at two-year highs.
Over the past three days, PALL has managed to recover all the losses it suffered when the market hit a speed bump at the close of last week.
SPDR S&P Homebuilders ETF
XHB and the homebuilders have pocketed some nice gains today. XHB is a relatively equally weighted fund with large exposure to home décor companies, including
. At mid-day, the two companies were up over 4%.
ETF investors looking for a homebuilder play with more brick and mortar companies should look instead to the
iShares Dow Jones U.S. Home Construction Index Fund
. Eighty-one percent of ITB is dedicated to home construction and building material companies compared to 60% in XHB. ITB is trailing XHB due to its heavier mix in those homebuilders.
SPDR KBW Regional Bank ETF
Though its shares' swings have settled considerably since Friday's bombshell,
continues to be vulnerable. Rather than playing GS and other Washington-targeted institutions, KRE tracks an index consisting of smaller regional banks.
Throughout 2010, this strategy has helped the fund far outperform large-cap focused financial ETFs.
Claymore/MAC Global Solar Energy ETF
Though the fund saw gains on Tuesday, TAN appears to have hit a roadblock. Today's dip once again brings the fund to close to testing its 200 day moving average
TAN's largest holding,
, was down nearly 4% at mid day trading.
iShares MSCI Spain Index Fund
When it comes to international investing, Spain is leading the losers. Top holding, Banco
was down over 3% during midday trading. This financial institution accounts for nearly a quarter of the fund's total portfolio.
EWP's dip brings the fund down to its 50-day moving average. Throughout April, the fund has volleyed between this level and its 200-day moving average.
iShares Nasdaq Biotechnology Index Fund
In the past, IBB has been considerably less volatile than other biotech ETFs like the
First Trust Amex Biotech Index ETF
because it tracks a basket of large, stable firms which typically don't move as wildly as smaller firms underlying FBT.
Today, however, IBB is leading the industry lower with top holding
testing its 50-day moving average. The firm is scheduled to release its quarterly earnings report after today's closing bell.
All prices as of 2:15 p.m. EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion was not long any 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.