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/InterBolsa FTSE Columbia 20 Index ETF
Throughout much of November, the Columbia ETF has suffered through a steep sell-off which has caused the fund to revisit levels seen at the start of September. On Wednesday, however, the fund is managing to ramp higher, scoring some of the strongest gains across the ETF industry as a whole.
iPath Dow Jones UBS Natural Gas Total Return Subindex ETN
Natural gas futures riding higher today, helping funds such as GAZ and
United States Natural Gas Fund
regain some of the losses suffered during Tuesday's sweeping sell-off.
GAZ's premium, which has held my attention for a number of weeks, has fallen back from its highs and currently sits at slightly more than 13%. It will be interesting to watch this premium in coming days to see if it rebounds or decreases further.
Market Vectors Junior Gold Miners ETF
ETFs dedicated to tracking precious metals miners suffered some of the sharpest declines during Tuesday's tumble. However, on Wednesday funds such as GDXJ and
Global X Silver Miners ETF
are staging a comeback, recovering a large part of those losses.
Physically based gold ETFs are not faring as well as their equity-backed cousins.
iShares Gold Trust
SPDR Gold Shares
are both trading in negative territory.
Guggenheim Solar Energy ETF
The volatile solar energy industry is getting knocked today in light of concerns regarding the future of the government's subsidies and tax credits. As I've explained in the past, companies in industry heavily depend on this government aid.
iPath S&P 500 VIX Short Term Futures ETN
After Tuesday's dismal performance, the markets are seeing some welcomed positive action. Reflecting this upward movement, the volatility ETNs which have seen strength recently, are retreating lower.
Given their wild swings, conservative and long- term investors should avoid VXX and
iPath S&P 500 VIX Mid-Term Futures ETN
Guggenheim China Small Cap ETF
China concerns lingering from Tuesday continue to put pressure on ETFs designed to track this nation. Leading the way lower on Wednesday was HAO which tracks the smallest and members comprising the marketplace.
Despite its more volatile nature, I see HAO as a more promising way to play China than large cap-focused funds such as
iShares FTSE/Xinhua China 25 Index Fund
All prices as of 2:14 PM EST
Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was long iShares 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.