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.

Winners

iShares MSCI Turkey Investable Market Index Fund

(TUR) - Get Report

4.7%

TUR is seeing a welcomed jump higher, putting an end to the fund's near uninterrupted decline since late February.

The political tension sweeping the Middle East and North Africa has weighed heavily on the performance of the Turkey ETF. As tensions flare across neighboring countries, TUR will likely continue to struggle.

iShares MSCI Chile Investable Market Index Fund

(ECH) - Get Report

3.4%

Emerging markets have run into turmoil reminding investors of their volatile nature. On Thursday, however, this class of nations is scoring strong gains. ECH is among the biggest winner while the

iShares S&P India Nifty 50 Index Fund

(INDY) - Get Report

,

Global X China Consumer ETF

(CHIQ) - Get Report

and the

iShares MSCI South Korea Index Fund

(EWY) - Get Report

are also heading higher.

iShares S&P Small Cap 600 Index Fund

(IJR) - Get Report

2.6%

Market strength is instilling some confidence back into the hearts of investors. Because small-cap companies tend to behave in a more volatile fashion than industry leaders, a fund like IJR is attractive for those with an increasing appetite for risk.

IJR's assets are spread widely across its expansive index so that the fund's performance is not influenced by a single holding.

Losers

iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report

-4.8%

TST Recommends

The markets appear to have found some footing on Thursday, helped higher by an optimistic private sector jobs report and a round of strong retail sales numbers.

This upward action is pressuring the fear-based VIX, leading VXX and

iPath S&P 500 VIX Mid Term Futures ETF

(VXZ) - Get Report

to suffer losses and lead the losers.

Market Vectors Gold Miners ETF

(GDX) - Get Report

-1.6%

Gold has run up recently as political tensions in the developing world weigh on investor confidence.

A strong trading day, however, has placed pressure on this yellow metal and the companies responsible for unearthing it.

Looking forward, I urge investors to maintain exposure to gold. Despite today's promising action, the threat of economic turmoil persists. This precious metal provides a source of protection for when headwinds crop up.

United States Natural Gas Fund

(UNG) - Get Report

-1.0%

A collection of factors are facing off, influencing the natural gas industry's performance. While the storage report from the Energy Information Administration showed that stockpiles decreased more than expected, this positive news has been stifled by alleviating concerns about the Libyan crisis.

Easing fears are sending a wide range of energy futures-based products lower. UNG, the

United States Gasoline Fund

(UGA) - Get Report

and the

United States Oil Fund

(USO) - Get Report

are all in negative territory.

All prices as of 2:15 PM EST

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management did not own any equities mentioned.