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 Sugar Subindex Total Return ETN
A bevy of exchange traded products linked to agricultural futures contracts are heading higher as we approach the close. Leading the way higher is SGG,
iPath Dow Jones UBS Cotton Subindex Total Return ETN
iPath Dow Jones UBS Coffee Subindex Total Return ETN
Corn appears to be bucking this trend, as indicated by the downward action seen from the
Teucrium Corn ETF
iShares PHLX SOX Semiconductor Sector Index Fund
The semiconductors have enjoyed a strong start to October. During the opening weeks of the month, shares of SOXX have witnessed only two days of downward action as the fund has attempted to recover some of the ground lost during its summertime slide.
It will be interesting to see if the fund can continue to power higher. It is nearing its September highs.
First Trust Amex Biotechnology Fund
Strength from companies, including
, are helping to buoy biotechnology ETFs like FBT and
iShares Nasdaq Biotechnology Index Fund
as we approach the close.
Biotech can be a tricky to tame because of the inherent volatility of individual companies. In the past, I have encouraged the most risk wary investors looking for exposure to this industry to turn to IBB.
iShares MSCI Thailand Investable Market Index Fund
The Thailand ETF has witnessed a persistent, multi-week bounce following its steep September sell-off. In the near term, though, the fund could be in for trouble.
At this time, a large portion of the nation is battling against rising flood waters that threaten to disrupt the nation's marketplace. This week, Thailand's Deputy Prime Minister warned that the damage caused by the floods could shrink GDP growth by 0.6% to 0.9%.
SPDR KBW Bank ETF
Banking ETFs are heading south, with the broad-based KBE leading the way.
is one of the biggest decliners, dropping over 5% during early afternoon trading. On Thursday morning, the firm kicked off the earnings season for the financials. Despite beating analyst estimates, choppy market action still resulted in a notable decline in profits.
First Trust ISE Global Copper ETF
The market's choppy action is weighing on the copper miners which have enjoyed some impressive gains during the first two weeks of October.
Investors following CU and other ETFs linked to materials producers will want to keep a close watch on regions like the EU and China. Doubts about the global economic growth picture will continue to present challenges for this industry.
All prices as of 2:15 PM EST
Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management owned iShares MSCI Thailand Investable Market Index Fund.