NEW YORK (TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
ETFS Physical Palladium Shares
The markets are higher heading into the weekend following a string of strong earnings numbers and easing concerns about the ongoing EU crisis. This resounding risk-on attitude is helping to propel a number of market-correlated metals higher.
On the precious metal front, industry-linked palladium is leading the climb. Copper, meanwhile, is a top mover among base metals. The
First Trust ISE Global Copper Index Fund
iPath Dow Jones UBS Copper Subindex Total Return ETN
are in solid territory.
iShares MSCI Germany Index Fund
European markets are getting a lift as investors prepare themselves for what could be an interesting weekend.
On Sunday, the heads of the EU nations are slated to convene to discuss plans to resolve the economic crisis facing the region.
While it will be exciting to watch how this development pans out, conservative investors should continue to steer clear of this region until some solid progress is made.
Market Vectors Vietnam ETF
Market optimism is helping to push emerging market ETFs into positive territory. After a two-day decline, VNM is strengthing, punching through to new October highs.
Thailand is also gaining ground. Thanks to its Friday ascension, the
iShares MSCI Thailand Investable Market Index Fund
has managed to recover a portion of the losses it suffered during its late-week decline.
iShares Dow Jones U.S. Home Construction Index Fund
For a second day, homebuilders are heading higher, propelling ITB and the
SPDR S&P Homebuilder ETF
further along the upward paths they have stuck to throughout October.
As I explained earlier this week, these two funds may be appealing. However, for long-term investors, they are not the best options. Those looking for a more stable play on real estate should continue to look to products like the
iShares Cohen & Steers Realty Majors Index Fund
iPath S&P 500 VIX Short Term Futures ETN
The VIX-backed VXX witnessed strength Thursday. However, heading into the weekend, the ETN is giving back those gains and retreating to its 50-day moving average.
This level appears to have become a point of support recently. It will be interesting to see if, in the coming days, it will hold up.
Guggenheim Solar ETF
Despite the market's strength heading into the close, solar stocks are struggling to find footing.
TAN and other alternative energy ETFs have witnessed particularly rocky action as a result of the ongoing macroeconomic issues facing the EU and other regions of the globe.
All prices as of 2:15 PM EST
Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management owned the iShares Cohen & Steers Realty Majors Index Fund.