Skip to main content

Monday's ETF Winners & Losers

Precious-metals-related funds were among the top performers Monday.

Exchange-traded funds tracking gold and silver were among the best performers of Monday's session, as commodity futures traded up.

Gold prices were jumping recently by $8.20 to $726 an ounce. Silver was gaining 17 cents to $12.88 an ounce. Copper and other precious metals were also higher.


PowerShares DB Silver


was up 39 cents, or 1.6%, to $25.05. The

PowerShares DB Gold


added 34 cents, or 1.2%, to $28.12. The

iShares Silver Trust


was climbing $1.32, or 1.1%, to $126.12. The

streetTRACKS Gold Shares


was higher by 68 cents, or 1%, to $70.67.

On the other hand, ETFs tracking European bourses were losing ground after U.K. lender

Scroll to Continue

TheStreet Recommends

Northern Rock

sank 40% on word that its customers withdrew roughly $4 billion from its branches. The stock had fallen 20% on Friday after Northern Rock sought emergency funding from the Bank of England, a sign that the subprime mortgage mess was spilling into overseas markets.

London's FTSE 100 was down 1.5%, the CAC 40 in Paris was off 1.8% and Germany's Xetra Dax was lower by 0.2%.


iShares MSCI United Kingdom Index


was losing 59 cents, or 2.4%, to $24.12. The

PowerShares Dynamic Europe


shed 42 cents, or 1.8%, to $23.36. The

iShares MSCI France Index


was down 68 cents, or 1.9%, to $35.63.

The financial sector took a hit after the Northern Rock news. The

Ultra Financial ProShares


shed $1.49, or 2.7%, to $53.80. The

WisdomTree International Financial


ETF was lower by 57 cents, or 2.1%, to $26.84. The

Financial Select Sector SPDR


was down 54 cents, or 1.6%, to $33.44.

Biotech-related ETFs were also losing ground as several holdings were trading lower.




Biogen Idec



Gilead Sciences


were all falling by 2% or more.


Biotech HOLDRs


was down $3.31, or 1.9%, to $170.11. The

First Trust Amex Biotechnology Index


lost 43 cents, or 1.7%, to $24.69. The

PowerShares Dynamic Biotech & Genome


slid 27 cents, or 1.4%, to $18.62.