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.
iPath Dow Jones UBS Natural Gas Subindex Total Return ETN
Natural gas has spent most the month showing investors how far it can fall. Heading into the final full week of January trading, however, futures-backed funds like GAZ and the
United States Natural Gas Fund
at last appear to be finding some footing.
This upward action is boding well for gas producers as well. The
First Trust ISE Revere Natural Gas Index Fund
is up over 4% in early afternoon trading.
iShares MSCI Austria Investable Market Index Fund
Europe-related fears have been cast to the sidelines over the past week, helping some of the most troubled members of this region push higher. Austria, for example, has had a welcomed rally, helping EWO to five consecutive days of upward action. The fund has not traded at this level since the first half of November.
Global X Uranium ETF
After stumbling into the weekend, uranium miners appear to have shaken off the jitters, helping URA get back to its positive trajectory.
The fund has broken above its October highs and appears on track to test its 200-day moving average. This will be the first time that the young fund has visited this level.
Meanwhile, fellow uranium-tracker, the
Market Vectors Uranium+Nuclear Energy ETF
, has yet to revisit its autumn highs.
SPDR S&P Oil & Gas Exploration & Production Index ETF
XOP and a number of other ETFs linked to energy producers are powering higher as strong market conditions drive investors back into growth-correlated sectors.
SPDR S&P Oil & Gas Equipment & Services Index Fund
iShares Dow Jones U.S. Oil Equipment & Services Index Fund
are taking hits. Losses from industry giants like
have caused the fund to remain in unchanged territory.
Market Vectors Junior Gold Miners ETF
The junior gold miner ETF spent the past few days trading along its 50-day moving average. At the start of the week, however, the fund appears to have broken higher. Looking to the near term, investors should continue to monitor this level; since dipping below in September, it has proven to be a point of resistance.
Global X Silver Miner ETF
strength indicates that producers across the precious metal spectrum are benefiting from the market's strength.
Market Vectors Vietnam ETF
VNM got off to a rocky start in 2012 as the fund locked in all-time lows. In the past few weeks, however, the fund has staged a dramatic about-face, recovering December's losses.
Vietnam's marketplace is a unique entity. It is not uncommon to see VNM perform independent of other ASEAN nations.
iPath S&P 500 VIX Short Term Futures ETN
The fear-tracking VIX index is heading higher, snapping a three day losing streak. Despite this upward action, however, the futures-tracking VXX is struggling to find footing. In 2012, this closely-watched product has witnessed only two days of upward action. This steep, prolonged descent has caused it to give back nearly all of the gains seen during its August run-up.
All prices as of 2:15 PM EST.
Written by Don Dion in Williamstown, Mass.
>>Cramer: CEO Change Is Too Late for RIM
At the time of publication, Dion Money Management did not own any equities mentioned.