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.
SPDR S&P Oil & Gas Exploration & Production ETF
Oil producers are enjoying a strong bounce as sweeping market strength reignites investor confidence and eases growth concerns.
Strength from energy producers is helping to lift energy heavy international ETFs like the
Market Vectors Russia ETF
as well. In this single session, the fund has managed to recover all of the ground lost over the past week.
iShares MSCI France Index Fund
EWQ is enjoying an impressive bounce as we approach the end of November. The fund is currently trading at levels above those seen prior to last week's four-day slide.
Other Europe-linked ETFs are surging as well, with the
iShares MSCI Germany Index Fund
SPDR EURO STOXX 50 ETF
among the biggest movers.
iShares MSCI South Africa Index Fund
The South Africa ETF is scoring industry-leading gains at the start of the week, helped higher by its ample exposure to materials producers. In the past, I have pointed to EZA as an attractive alternative play on the precious metals industry. Companies including
, Impala Platinum, and
can be found among the fund's top 10 positions.
SPDR S&P Metals & Mining ETF
Global X Silver Miners ETF
are heading higher as well.
First Trust Dow Jones Internet Index Fund
The Internet-linked ETF is seeing gains as consumers continue their holiday shopping from the comfort of their office desks and living room sofas. Strong holiday retail expectations are one of the driving forces behind the market's rally. Looking to the near term, it will be interesting to see this strength continues.
iPath S&P 500 VIX Short Term Futures ETN
Although stomachs may still be full following Thanksgiving, investors are showing an appetite for risk. As markets surge higher, the fear-tracking VIX index is taking a shot across the bow.
Yet again, the 50-day moving average has proven to be a resilient point of resistance for this closely-watched index.
iPath Dow Jones UBS Natural Gas Subindex Total Return ETN
Futures-tracking natural gas exchange traded products are taking hits, snapping two-day winning streaks.
The weakness seen from GAZ and the
United States Natural Gas Fund
has done little to quell the strength seen from the equity-backed
First Trust ISE Revere Natural Gas Index Fund
. The fund is up nearly 5% in early afternoon trading.
iShares Barclays 20+ Year Treasury Bond Fund
As market tensions ease and investors regain confidence, defensive asset classes are falling out of favor. The long term U.S. Treasury-tracking TLT is sliding to a second day of losses, approaching its 50-day moving average.
PowerShares DB U.S. Dollar Index Bullish Fund
is slipping as well.
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 the First Trust Dow Jones Internet Index Fund and PowerShares DB U.S. Dollar Index Bullish Fund.