NEW YORK (TheStreet) -- Welcome to Don Dion's "Daily ETF Winners and Losers." Be sure to stop by each day to find out which ETFs are gaining or losing.
iPath S&P 500 VIX Short Term Futures ETN
Investors were uninspired by yesterday's comments from the
and, in response, global markets have taken a heavy shot across the bow. Amidst today's resounding sell off, fear has once again fallen into focus, leading VIX-tracking ETNs to top spots.
With Thursday's gains, VXX has ascended back to 2011 highs.
iShares Barclays 20+ Year Treasury Bond Fund
The market's weak action is driving investors back into safe haven asset classes. This flight to safety is boding well for long-term U.S. Treasuries. TLT's steady climb throughout the past few months has brought the fund within reach of the all time highs it witnessed during late 2008.
PowerShares DB U.S. Dollar Index Bullish Fund
The UUP has enjoyed five consecutive days of upward action as droves of investors turn to the U.S. dollar for protection. This rally has helped lift the fund above its 200-day moving average for the first time since early September 2010.
September has been a strong month for the greenback. With market turmoil still weighing heavily on confidence, it will be interesting to see if it will continue along this upward path.
iShares MSCI Indonesia Investable Market Index Fund
Indonesia ETFs are taking heavy hits as sweeping market weakness leads investors to unload exposure to volatile emerging markets. Choppy market action has weighed heavily on EIDO. Since the start of September, this fund has witnessed only three days of upward action.
Other emerging market ETFs taking heavy hits include the
Market Vectors Russia ETF
iShares MSCI Chile Investable Market Index Fund
iShares MSCI Poland Investable Market Index Fund
Global X Copper Miners ETF
Copper miners are taking a heavy hit as economic concerns lead investors to second guess global growth prospects.
Precious metals are not safe from Thursday's sell off either. Gold is struggling to find footing, leading bullion-backed ETFs like
iShares Gold Trust
to dip 2.5%. This downturn, combined with broad market weakness is leading gold-miner ETFs like
Market Vectors Gold Miners ETF
to take heavy hits.
With Thursday's decline, GDXJ has returned to its 2011 lows.
SPDR S&P Oil & Gas Exploration & Production ETF
Base and precious metals are not the only resources heading south amidst today's sweeping sell off. On the contrary, weakness can be felt across the commodities spectrum as indicated by the downward action seen from funds including XOP,
Global X Uranium ETF
First Trust ISE Revere Natural Gas Index Fund
All prices as of 2:13 PM EST
Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management owned iShares Gold Trust and PowerShares DB U.S. Dollar Index Bullish Fund.