Monday's ETF Winners & Losers

Overseas-related funds were top performers Monday.
Author:
Publish date:

Overseas-related exchange-traded funds were among the best performers Monday, as Asia indices jumped overnight.

Hong Kong's Hang Seng Index jumped 2.9%, and China's CSI 300 Index tacked on 0.5%. Other indices in Taiwan, South Korea and India finished higher as well.

The

SPDR S&P China

(GXC) - Get Report

was adding $3.56, or 4.8%, to $78.44. The

PowerShares Golden Dragon Halter USX China

(PGJ) - Get Report

was higher by 99 cents, or 3.8%, to $27.37. The

iShares FTSE/Xinhua China 25 Index

(FXI) - Get Report

was higher by $5.99, or 4.2%, to $149.63. The

PowerShares Dynamic Asia Pacific

(PUA)

was up 30 cents, or 1.2%, to $26.55.

On the other hand, homebuilders and real estate ETFs were suffering after the latest data on the health of the housing sector. Shortly after the opening bell, the National Association of Realtors said existing-home sales dipped 0.2% to 5.75 million annualized units in July, but still came in higher than expectations. Still, it was the lowest level since November 2002. Meanwhile, inventories of unsold homes rose 5.1%, a 9.6-month supply.

The

Ultra Real Estate ProShares

(URE) - Get Report

gave back 94 cents, or 2.1%, to $43.31. The

iShares FTSE NAREIT Mortgage REITs

(REM) - Get Report

was off 90 cents, or 2.9%, to $30.62. The

Vanguard REIT Index

(VNQ) - Get Report

ETF was down 81 cents, or 1.2%, to $68.36.

Among homebuilders, the

iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

was down 50 cents, or 2%, to $24. The

SPDR S&P Homebuilders

(XHB) - Get Report

gave back 44 cents, or 1.8%, to $24.74.

Bundled securities tracking utilities were also on the losing side Monday. Among individual names,

Exelon

(EXC) - Get Report

,

FPL Group

(FPL) - Get Report

,

Edison International

(EIX) - Get Report

and

FirstEnergy

(FE) - Get Report

were all falling 2% or more.

The

Ultra Utilities ProShares

(UPW) - Get Report

was falling $3.03, or 3.9%, to $75.34. The

PowerShares FTSE RAFI Utilities

(PRFU)

shed $1.38, or 2.4%, to $56.04. The

Utility HOLDRs

(UTH)

was lower by $3.84, or 2.7%, to $138.90. The

iShares Dow Jones U.S. Utilities

(IDU) - Get Report

was down $1.96, or 2%, to $94.38.