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.
iPath Dow Jones UBS Sugar Total Return Subindex ETN
Sugar prices are powering higher today, allowing SGG to score some gains. Sugar's downturn a few weeks ago sent SGG tumbling back towards its 50-day moving average where it has remained locked ever since.
Despite the rise in sugar, broad agriculture ETFs such as
PowerShares DB Agriculture Fund
remains locked in negative territory.
United States Natural Gas Fund
Despite the losses facing many regions of the global markets, one spot of strength is natural gas prices. UNG is heading higher on Monday thanks to cold weather forecasts.
The same strength can not be seen from fellow futures-backed natural gas fund,
iPath Dow Jones UBS Natural Gas Total Return Subindex ETN
. This product, which has struggled with a massive premium in recent months, is staying relatively unchanged.
iShares MSCI Spain Index Fund
The Ireland bailout is generating a lot of press this morning and driving vulnerable European Union members into the spotlight. In response to heightened concerns towards the EU's most debt laden members, EWP and
iShares MSCI Italy Index Fund
are seeing some of the biggest dips.
Emerging European nations are also taking a shot across the bow, leading
iShares MSCI Turkey Investable Market Index Fund
As I have explained on a number of occasions, until the skies clear conservative investors should continue to avoid Europe.
iPath Dow Jones UBS Copper Total Return Subindex ETN
While many investors are focused on the current and future state of the European Union, declining import numbers in China are doing little to ease concerns. As macroeconomic data weighs on investor outlooks, growth-linked materials such as copper are taking a hit.
In the realm of precious metals-linked ETFs,
iShares Gold Trust
iShares Silver Trust
(SLV) are treading higher while industry-linked
ETFs Physical Palladium Shares
ETFs Physical Platinum Shares
(PPLT) are tumbling.
ProShares UltraShort 20+ Year Treasury Bond Fund
With economic storms facing Europe and other regions of the globe, investors are running to the exits, seeking out the safety of long term U.S. Treasuries. The
iShares Barclays 20+ Year Treasury Bond Fund
is powering higher amidst the jitters while TBT takes a hit.
All prices as of 2:18 PM EST
At the time of publication, Dion Money Management was long IAU, TUR and DBA.
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.