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.

Winners

iShares MSCI Turkey Investable Market Index Fund (TUR) - Get iShares MSCI Turkey ETF Report 3.0%

The Turkey ETF continues to show yo-yo action as inflation concerns and protests in Egypt weigh on investor sentiment.

Turkey remains an attractive destination for investors seeking emerging market exposure to the European continent. However, until the fund's volatility eases, this is one fund investors may want to watch from the sidelines.

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iShares S&P North American Technology Index-Multimedia Networking Index Fund (IGN) - Get iShares North American Tech-Multimedia Networking ETF Report 3.3%

IGN's eighth largest holding,

JDS Uniphase Corp

(JDSU)

is playing a major role in helping this fund end the week on a strong note. In response to a promising earnings report, the firm has seen a dramatic jump, gaining more than 25% in early afternoon trading.

Today's rise has helped the fund return to the highs seen prior to its mid-January tumble.

iShares MSCI Indonesia Investable Market Index Fund (EIDO) - Get iShares MSCI Indonesia ETF Report 1.6%

The Indonesian marketplace continues to behave in a shaky manner, weighed down by fears of inflation. At the close of the week, however, ETFs designed to track the nation's economy saw a lift as the Indonesian central bank took action, hiking interest rates in hopes of battling back inflation and restoring some confidence.

Losers

iShares Dow Jones UBS Cotton Total Return Subindex ETN (BAL) - Get iPath Series B Bloomberg Cotton Subindex Total Return ETN Report -3.9%

The cotton ETN is falling today as the physical commodity flirts with record highs. Looking ahead, BAL may be in for a rocky ride. Late this week,

IntercontinentalExchange

(ICE) - Get Intercontinental Exchange, Inc. (ICE) Report

announced a new plan to curb the effects of speculation. This will include stepping up oversight of big positions.

TheStreet Recommends

Guggenheim Solar Energy ETF (TAN) - Get Invesco Solar ETF Report -2.8%

The solar energy industry started off this week on a strong note, helped higher by promising performance from

MEMC Electronic Materials

(WFR)

. However, over the past two days the TAN has slowed, suffering back-to-back losses.

This type of volatility is not unexpected in the alternative energy industry. Investors must use caution when venturing into this market region.

iShares S&P India Nifty 50 Index Fund (INDY) - Get iShares India 50 ETF Report -2.4%

The Indian ETFs are being plagued with another round of losses as inflation concerns continue to weigh on investor sentiment. INDY,

WisdomTree India Earnings ETF

(EPI) - Get WisdomTree India Earnings Fund Report

and

Market Vectors India Small Cap Index ETF

(SCIF) - Get VanEck Vectors India Small-Cap Index ETF Report

are all facing heavy pressure.

India remains attractive as a promising leader among the emerging markets. However, given the rough road this nation has faced recently, investors must continue to keep exposure small and closely monitored.

All prices as of 2:15 PM EST

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.