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.

Winners

ETFS Physical Palladium Shares

(PALL) - Get Report

2.1%

Palladium is heading higher in early afternoon trading as investors prepare for the holiday weekend. It has been a strong week for this member of the platinum group of precious metals; shares of PALL pushed higher during four consecutive trading days.

Other precious metal ETFs are seeing tepid action. The

iShares Gold Trust

(IAU) - Get Report

,

iShares Silver Trust

(SLV) - Get Report

and

ETFS Physical Palladium Shares

(PPLT) - Get Report

are all seeing sub-1% fluctuations.

iPath S&P 500 VIX Short-Term Futures ETN

(VXX) - Get Report

1.7%

The fear-tracking VIX index kicked off Friday's session in red, marking its fourth consecutive day in negative territory.

Despite these losses, ETNs linked to the benchmark, including VXX and the

iPath S&P 500 VIX Mid-Term Futures ETN

(VXZ) - Get Report

, are still managing to head higher. For VXX, this marks the second day of upward action in a row.

iShares Dow Jones UBS Copper Subindex Total Return ETN

(JJC) - Get Report

1.1% Copper futures prices have pushed higher during five of the past six trading sessions. This rally has helped JJC recover back to its 50-day moving average. Looking ahead to the near future, this technical level could be interesting to watch. Since breaking below in August, it has proven to be a point of resistance.

Losers

United States Natural Gas Fund

(UNG) - Get Report

-1.9%

Futures-tracking exchange traded products linked to energy are seeing mixed action. While the UNG is taking a notable hit,

United States Gasoline Fund

(UGA) - Get Report

is up over 2.0%. Meanwhile, energy producer ETFs like

iShares Dow Jones U.S. Oil Exploration & Production Index Fund

(IEZ) - Get Report

and

First Trust ISE Revere Natural Gas Index Fund

(FCG) - Get Report

are seeing limited action.

iShares Barclays 20+ Year Treasury Bond Fund

(TLT) - Get Report

-1.2%

The U.S. marketplace enjoyed some welcomed strength this week, encouraging investors to take steps back into risk. This flight from safety has boded poorly for ETFs like TLT; the fund has retreated to its 50-day moving average.

The leveraged, inverse-tracking

ProShares UltraShort 20+ Year Treasury ETF

(TBT) - Get Report

, meanwhile, has performed well in this environment. Three days of gains have helped the fund recover nearly all of the losses it suffered during last week's selloff.

WisdomTree India Earnings ETF

(EPI) - Get Report

1.0%

As the U.S. markets close out the week on a steady note, nations to the East are facing pressure. ETFs linked to Asian countries, like EPI and

iShares MSCI Thailand Investable Market Index Fund

(THD) - Get Report

, are among the biggest decliners.

Taiwan appears to be bucking this downward action. Heading into the close, shares of

iShares MSCI Taiwan Index Fund

(EWT) - Get Report

are trading in positive territory.

All prices as of 2:12 pm EST

At the time of publication, Dion Money Management was long IAU.