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.
iPath Dow Jones-UBS Grains Total Return Subindex ETN
An historic drought wreaking havoc on Russia's breadbasket has helped to push the price of wheat to its highest levels in nearly two years and led Prime Minister Putin to place a ban on grain exports for the remainder of the year. JJG, which dedicates approximately 30% of its portfolio to wheat, has been a major beneficiary of this staggering jump.
Another fund benefiting from wheat's breakneck ascension has been
PowerShares DB Agriculture Fund
. This ETF is currently testing previous 2010 highs.
Market Vectors Agribusiness ETF
Thanks to the rising price of crops, MOO is on the verge of retesting April 2010 levels. Leading the fund higher today is
Throughout 2010 investors have battered the multinational agriculture giant famous for its Round-Up weed killer and that has been a drag on MOO. However, on Thursday the firm saw a bounce after hiking its dividend.
United States Natural Gas Fund
According to the storage report issued today by the Energy Information Administration, the supply of natural gas increased, albeit by a smaller than expected margin last week.
Following UNG lower is
iPath Dow Jones-UBS Natural Gas Total Return Subindex ETN
iPath Dow Jones-UBS Copper Total Return Subindex ETN
Copper prices have seen an impressive rally over the past week as investors regain some confidence in the U.S. and global market recovery. On Thursday, however, unsettling macro numbers put a damper on investor's optimistic poise, thus pressuring the red metal lower.
GlobalX China Financials ETF
The Chinese financial industry is still reeling on Thursday as investors attempt to digest news of the nation's stress tests. Real estate in China is not faring much better today.
Claymore/AlphaShares China Real Estate ETF
is another leading loser heading into the end of the week.
iShares MSCI Turkey Investable Market Index Fund
The Turkey ETF is turning out its third consecutive day of notable losses as the fund struggles follow through on its recent impressive rally.
Looking to the future, investors should be cautious when playing TUR as political tensions may factor into this fund's performance.
ETFS Physical Palladium Shares
Industry-linked precious metals mimicked the performance of copper. Palladium and platinum prices got hit, causing PALL and
ETFS Physical Platinum Shares
to take a tumble.
Despite today's jittery market action, precious metals boasting more monetary qualities such as gold and silver trudged along in unchanged territory for much of the trading session.
All prices as of 2:13 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was long PowerShares DB Agriculture 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.