Wednesday's ETF Winners & Losers - TheStreet

Wednesday's ETF Winners & Losers

Energy funds climb.
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Foreign market exchange-traded funds were rebounding Wednesday after heavy losses during the previous session. A benchmark index in mainland China, which sank more than 9% on Tuesday, retraced nearly half of that loss.


iShares FTSE/Xinhua China 25 Index

(FXI) - Get Report

, which plummeted 9.2% previously, was recently up 3.9% to $98.69. The

iShares MSCI Emerging Markets Index

(EEM) - Get Report

was higher by 2.4% to $110.50. The

Vanguard Emerging Markets Stock

(VWO) - Get Report

ETF was up 2.2% to $75.68.

Bundled securities that follow the energy sector were also among the best performers. The front-month April crude contract reversed early losses and was recently higher by 24 cents to $61.70 a barrel. The turnaround follows a report from the Energy Department that said crude inventories increased by 1.4 barrels. Distillate supplies fell by 3.8 million barrels, while gasoline stocks slipped by 1.9 million barrels.


United States Oil

(USO) - Get Report

ETF was adding 2.8% to $51.34. The

iPath Goldman Sachs Crude Oil

(OIL) - Get Report

ETF was recently up 2.3% to $37.64. The

Oil Services HOLDRs

(OIH) - Get Report

ETF was gaining 0.6% to $136.75.

On the flip side, housing-related ETFs were the biggest losers of the day. The declines come after the Census Bureau said new-home sales plummeted 16.6% to 937,000 annualized units. Economists had anticipated a slight decrease to 1.09 million annualized units from 1.12 million in December.


iShares Dow Jones U.S. Home Construction

(ITB) - Get Report

ETF was losing 1.3% at $38.95. The

SPDR Homebuilders

(XHB) - Get Report

ETF was lower by 1.3% to $35.67.

Bundled securities tracking Treasury bonds were also lower, reversing action from the previous session. Recently, the 10-year Treasury was losing 9/32 in price to yield 4.55%, and the 30-year bond was falling 20/32 and yielding 4.67%.


iShares Lehman 20+ Year Treasury Bond

(TLT) - Get Report

exchange-traded fund was down 0.4% to $90.20. The

iShares Lehman TIPS Bond

(TIP) - Get Report

ETF was off 0.3% to $100.86. The

iShares Lehman 7-10 Year Treasury

(IEF) - Get Report

was shedding 0.3% at $83.56.