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.


Market Vectors Egypt ETF

(EGPT) - Get Report


The Egypt ETF is gaining ground today in anticipation of tonight's address to the nation by President Hosni Mubarak. Many are speculating he will resign, ending his 30-year rule.

Investors should continue to watch EGPT from the sidelines. The fund will continue to trade in an uncertain manner as it continues to struggle with a substantial premium.

iPath Dow Jones UBS Cotton Total Return Subindex ETN

(BAL) - Get Report


Agriculture-related commodities are seeing another day of gains as investors continue to seek out ways to access the commodity rally. BAL, the

iPath Dow Jones UBS Sugar Total Return Subindex ETN

(SGG) - Get Report

and the

iPath Dow Jones UBS Livestock Total Return Subindex ETN

(COW) - Get Report

are trading in positive territory today.

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PowerShares Dynamic Networking Portfolio

(PXQ) - Get Report



(CSCO) - Get Report

is getting battered today following its quarterly earnings report. In response to this company's weakness, rivals in the networking industry are powering higher, pushing PXQ to gains.

Juniper Networks

(JNPR) - Get Report

, PXQ's largest holding, is up nearly 6% in early afternoon trading.


iShares MSCI Spain Index Fund

(EWP) - Get Report


Spain's marketplace is heading lower today, causing EWP to suffer some of the ETF industry's heaviest losses.

Leading the way lower is top holding Banco Santander. Although it managed to recover some ground lost during the late morning hours, the fund is still down over 3.8% in early afternoon trading

iShares MSCI Taiwan Index Fund

(EWT) - Get Report


A number emerging market-related ETFs are struggling today. Those taking the heaviest hits include EWT,

Market Vectors Russia ETF

(RSX) - Get Report


SPDR S&P Emerging Europe ETF



Today, the

Taipei Times

highlighted a less-than-optimistic monthly sales report from Hon Hai Precision Industry, EWT's second largest holding, that will likely weigh on the fund's performance.

iPath Dow Jones UBS Natural Gas Total Return Subindex ETN

(GAZ) - Get Report


An optimistic storage report from the Energy Information Administration is doing little to buoy the performance of GAZ and fellow natural gas futures-backed

United States Natural Gas Fund

(UNG) - Get Report


February has been a tough month for both of these funds and GAZ is currently on the verge of testing brand new all time lows.

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 Taiwan Fund Index and PowerShares Dynamic Networking Portfolio.

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.