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 Chile Investable Market Index Fund

(ECH) - Get Report

1.9%

A number of international-focused ETFs are heading higher on Monday. Among the biggest movers is ECH, which has traded sideways for most of 2010 before hitting its lows at the end of May. Since then, the fund has been on a tear, once again testing this year's highs.

Market Vectors Russia ETF

(RSX) - Get Report

and

iShares MSCI Turkey Investable Market Index Fund

(TUR) - Get Report

are two other gainers today.

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

(IEZ) - Get Report

1.54%

Oil producers are jumping today along with other areas of the market.

BP

's

(BP) - Get Report

Deepwater Horizon cap has shown promise, holding well throughout the weekend. This week, the cap will continue to be monitored for seeps.

Despite the relatively good news on Monday, possible seepage sent shares of BP down nearly 5%.

Market Vectors Vietnam ETF

(VNM) - Get Report

1.53%

Aside from ECH, RSX and TUR, the Vietnam ETF and the

iShares MSCI Thailand Investable Market Index Fund

(THD) - Get Report

are also scoring gains among international funds on Monday. Although VNM saw a heavy dip at the end of the first half of 2010, over the past month the fund has largely traded sideways.

Losers

Market Vectors Gold Miners ETF

(GDX) - Get Report

-3.1%

Precious metals are getting knocked today, with gold and silver miners taking some of the biggest hits. GDX, Market

Vectors Junior Gold Miners ETF

(GDXJ) - Get Report

and

Global X Silver Miner ETF

(SIL) - Get Report

are the biggest laggards.

Physically-based ETFs are not immune to the downturn, as

ETFS Physical Palladium Shares

(PALL) - Get Report

and

ETFS Physical Silver Shares

(SIVR) - Get Report

are seeing dips.

iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report

-2.3%

After Friday's selloff, the markets are finding some stability, causing the fear-based volatility index ETNs to take a hit. Although VXX has had an impressive run in May, the fund has traded sideways throughout June and July.

SPDR KBW Regional Bank ETF

(KRE) - Get Report

-1.5%

The financial industry is still reeling after last week's less than stellar earnings reports from

Bank of America

(BAC) - Get Report

and

Citigroup

(C) - Get Report

. With the passage of Washington's sweeping financial reform bill, investors should be prepared for an uptick in volatility from funds such as KRE and

SPDR KBW Bank ETF

(KBE) - Get Report

.

All prices as of 2:14 PM EST

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management was long Market Vectors Gold Miners.

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.