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Tuesday's ETF Winners & Losers

Funds tracking energy were among Tuesday's best performers, as oil reached a new high.

Updated from 12:15 p.m. EDT with new stock prices

Energy-related exchange-traded funds were the best performers of Tuesday's session as oil prices surged close to $88 a barrel for the first time ever.

Crude was recently up $1.48 to $87.61, having earlier set an intraday record of $87.97 amid conflict between Turkey and Kurdish rebels in northern Iraq.


United States Oil

(USO) - Get Report

ETF was gaining $1.09, or 1.65%, to $66.98. The

iPath S&P GSCI Crude Oil Index

(OIL) - Get Report

was up 62 cents, or 1.27%, to $49.45. The

Ultra Oil & Gas ProShares

(DIG) - Get Report

added 32 cents, or 0.27%, to $120.10.


B2B Internet HOLDRs


ETF was also advancing after the Federal Trade Commission waived the antitrust waiting period for


(FISV) - Get Report

acquisition of ETF holding



. CheckFree shareholders will now need to approve the deal when it votes on Oct. 23.

The B2B Internet HOLDRs ETF was recently up 1 cent, or 0.43%, to $2.36.

On the other hand, several earnings disappointments in the financial sector combined to sink related ETFs.


(KEY) - Get Report

TheStreet Recommends

said that third-quarter earnings missed targets. The company also guided the fourth quarter below consensus.

Regions Financial

(RF) - Get Report


Wells Fargo

(WFC) - Get Report

also fell short.


Ultra Financials ProShares

(UYG) - Get Report

slumped $2.02, or 3.45%, to $56.60. The

iShares S&P Global Financials

(IXG) - Get Report

was off $1.94, or 2.11%, to $89.99. The

iShares Dow Jones U.S. Financial Services

(IYG) - Get Report

was down $2.44, or 1.97%, to $121.38.

Homebuilders were also among the worst decliners of the day. Following the previous session,

Federal Reserve

Chairman Ben Bernanke addressed the New York Economic Club about the recent credit crisis and its impact on consumers and the housing sector, noting that "the further contraction in housing is likely to be a significant drag on growth in the current quarter and through early next year."


iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

slid 81 cents, or 3.89%, to $19.99. The

SPDR S&P Homebuilders

(XHB) - Get Report

was losing 52 cents, or 2.36%, to $21.50.