NEW YORK (TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.


Market Vectors Indonesia ETF

(IDX) - Get Report


TST Recommends

Although it lost some ground yesterday, the Indonesian fund pulled its weight today despite a generally troublesome market performance. The fund continues to set the bar for rampant growth in Asia's Southeast region, despite lagging behind a bit this month.

First Trust Dow Jones Internet Index ETF

(FDN) - Get Report


A strong earnings numbers and outlook from

(CRM) - Get Report

is helping to power this popular internet ETF higher despite today's turbulent market conditions.

First Trust's portfolio includes a number of existing internet companies which will likely become stronger as tech becomes more ingrained into our daily lives. Major holdings include companies such as CRM,


(GOOG) - Get Report

, and

(AMZN) - Get Report


iShares MSCI Thailand Index Fund

(THD) - Get Report


Thailand is yet another Southeast Asian country that has flourished as of late, incurring year-to-date growth just shy of 26%. Although the fund has been pestered by political turmoil and demonstration in its capital city, it has pulled through a rougher first quarter and has resumed its upward momentum.


iShares Dow Jones U.S. Oil Equipment & Services Index Fund

(IEZ) - Get Report


Crude prices are dipping as investors show concerns regarding the strength of the global economic recovery. In response, the futures-based

United States Oil Fund

(USO) - Get Report

and equity backed IEZ and

Oil Services HOLDRs

(OIH) - Get Report

are tumbling heading into the weekend.

The United States Natural Gas Fund

(UNG) - Get Report

(UNG) is also slipping today.

iShares MSCI Spain Index Fund

(EWP) - Get Report


Overseas, members of the European Union are also falling on Friday over concerns about the recovery picture. EWP and

iShares MSCI Sweden Index Fund

(EWD) - Get Report

are taking some of the biggest hits within this region.

This week, investors received some optimistic news regarding members of the EU. However, as seen by today's performance, this region remains an area of uncertainty and should be approached carefully.

SPDR S&P Metals & Mining ETF

(XME) - Get Report


The mining industry is struggling along with most areas of the market today. Major miners will have a close watch on Australia's upcoming election on Saturday as it will likely play a big part in determining whether or not they will be hit by a massive mining tax which will threaten profits.

All prices as of 2:24 PM EST

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management was long First Trust Dow Jones Internet Index ETF and iShares MSCI Thailand Index Fund.

Don Dion is president and founder of

Dion Money Management

, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.