NEW YORK (
) -- Welcome to Don Dion's ETF Winners and Losers. Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
iShares MSCI Taiwan Index Fund
December has been a rough month for EWT and at the start of this week the fund descended to its lowest levels of the year. The strength seen over the past two days have been encouraging. However, the fund still has considerable ground to cover before regaining the levels seen at the start of the month.
At the same time that Taiwan's markets are heading higher, other corners of Asia are stumbling. The
iShares FTSE China 25 Index Fund
is off over 1.5% in early afternoon trading.
ProShares UltraShort 20+ Year Treasury ETF
All three of the major U.S. indices were trading in negative territory early this afternoon. Despite this downward action, however, investors appear hesitant toward safe-haven asset classes. As TBT powers higher, the
iShares Barclays 20+ Year Treasury Bond Fund
is off around 1%. The
PowerShares DB U.S. Dollar Index Bullish Fund
is relatively unchanged.
iPath S&P GSCI Crude Oil Total Return Index ETN
Futures-tracking energy exchange-traded products are heading higher. While OIL is leading the pack, the
United States Oil Fund
United States Gasoline Fund
are in positive territory as well.
Earlier today, natural gas futures ETFs like
iPath Dow Jones UBS Natural Gas Subindex Total Return ETN
were seeing standout strengths. Much of these gains have been dashed, however.
iShares S&P North American Technology Software Index Fund
In this morning's feature, I pointed to IGV as an attractive play for investors looking for relatively safe exposure to the tech sector. Although, a weak earnings showing from
has created turmoil for the fund in the near term, it continues to outperform against other single-industry technology ETFs.
In order to avoid taking heavy losses, any exposure to IGV and other industry-specific ETFs should be kept small.
iPath S&P 500 VIX Short Term Futures ETN
Although the U.S. markets are seeing tepid action, investors appear unwilling to succumb to fear. For a fifth session, the VIX-tracking VXX is heading lower. This descent has pushed the ETN back to its 200-day moving average. This is a level that has not been tested since the opening half of August.
The VIX index is heading lower as well. It is also trading at levels not seen since August.
iShares Dow Jones U.S. Broker-Dealers Index Fund
A number of financial-related ETFs are taking hits during the middle of the week. The broker-dealer-focused IAI is leading the retreat, however. Although losses can be seen from many of the fund's top holdings, companies such as
appear to be the biggest losers.
All prices as of 2:15 PM EST
At the time of publication, Dion Money Management was long UUP.