NEW YORK (TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to find out who's winning and who's losing when it comes to ETFs.
iShares MSCI Sweden Index Fund
, EWC's top holding, is powering higher, leading the fund's index to welcomed gains. Shares of ERIC represent over 10% of the fund's assets.
In the days ahead, this tech giant will be interesting to watch. ERIC,
are currently bidding on Nortel Networks' wireless patent portfolio.
Market Vectors India Small Cap ETF
The small-cap focused India ETF is powering to its third consecutive day of gains as improving market conditions ease some investor concerns.
Large-cap India funds like the
WisdomTree India Earnings ETF
is gaining ground as well.
India's markets have volatile throughout 2011. Be careful when trekking into this corner of the developing world.
SPDR KBW Regional Banking ETF
The banking industry has gotten battered over the past few weeks. On Monday, however, small and volatile regional banks are making a comeback, leading the KRE to industry leading gains.
Financials have become a difficult region to tame. Investors looking for the safest bet on this industry should turn to the broad-based
SPDR KBW Banks ETF
. This fund tracks a combination of Wall Street giants and regional players.
Global X Uranium ETF
The uranium ETF continues to struggle to find footing as sentiment towards the commodity remains soured.
On Monday, the industry ran into trouble following reports that the federal government had extended a mining moratorium in the region near the Grand Canyon for another 6 months. The Obama administration reportedly hopes to place a 20-year mining ban on the region.
iPath S&P 500 VIX Mid Term Futures ETN
Investors have managed to shrug off paltry income and consumer spending numbers from this morning and push the major U.S. indices to notable gains. As a result of this upward action, the fear-based VXZ is stumbling.
Looking to the near term, VXZ's 50-day moving average could be interesting to watch. Recently, this level has held up as a point of support.
Market Vectors Junior Gold Miners ETF
Gold is falling out of favor as market strength drives investors into riskier asset classes. Reflecting the yellow metal's decline, small, volatile miners are running into headwinds.
GDXJ has given back all of its 2011 gains and is currently trading at levels last seen in early November 2010.
The large-cap focused
Market Vectors Gold Miners ETF
is faring better than its small-cap cousin. Shares were largely unchanged during early afternoon trading.
All prices as of 2:14 PM EST
Written by Don Dion in Williamstown, Mass.
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At the time of publication, Dion Money Management owned iShares MSCI Sweden Index Fund.