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.
Global X Copper Miners ETF
Monday started off on a strong note, helping copper miners powering forward. Increasingly, fund companies are turning to the base metals industry in hopes of attracting interest in this aspect of the materials industry.
JPMorgan and Van Eck have both announced new products aimed at industry-linked metals. JPMorgan's JPMorgan Physical Copper Shares will provide investors with exposure to a physical stockpile of copper while
Market Vectors Rare Earth/Strategic Metals ETF
will track a basket of companies involved in the production of rare earth elements.
iShares MSCI Taiwan Index Fund
A group of Asian-nation focused ETFs are gaining ground today as well. EWT and the
Market Vectors China ETF
are two of the biggest movers.
Hon Hai Precision is gaining nearly 4% today after announcing its plans to spend $2 billion on a new plant in Western China. Hon Hai is EWT's second largest holding, accounting for nearly 9% of its total portfolio.
iShares MSCI Australia Index Fund
Following strength from the base metals and broad markets, a number of other materials-heavy funds are heading higher as well. Due to their heavy exposure to miners, EWA and
Market Vectors Coal ETF
benefit during times of economic optimism.
Within the realm of precious metals, palladium prices are heading higher as well, helping to power the
ETFS Physical Palladium Shares
iPath S&P 500 VIX Short Term Futures ETN
The VIX-based ETN is carving out brand new all time lows today. The
iPath S&P 500 VIX MidTerm Futures ETN
is also falling hard. While VXZ has held up better than VXX in the past, this fund appears to be on track to revisit levels seen prior to the fund's steep May rally.
Continue to avoid these funds.
iPath Dow Jones UBS Natural Gas Total Return Subindex ETN
Natural gas futures-focused products continue to tread lower, turning out new all-time lows. Investors should continue to avoid GAZ and
United States Natural Gas Fund
. These funds' falls have been steep and uninterrupted. It is hard to tell when they will at last stabilize.
Interestingly, while UNG and GAZ tumble, the equity based
First Trust ISE Revere Natural Gas Index Fund
is seeing a small jump, gaining 0.6%.
ProShares UltraShort 20+ Year Treasury Bond Fund
Despite Monday's upward market action, investors do not appear willing to abandon the protection of long term U.S. government issued Treasuries. TBT, which is designed to track double the inverse performance of this class of assets, is getting hit particularly hard.
Investors continue to turn to fixed-income focused products as a way to ensure income in this uncertain economic climate. However, as the markets continue on the road to recovery, taking on some risk could be an attractive endeavor. A fund such as
iShares Dow Jones Select Dividend Index Fund
tracks a basket of solid U.S. companies which offer a stable, consistent payout.
All prices as of 2:15 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was long iShares Dow Jones Select Dividend Index Fund.
Don Dion is president and founder of
, 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.