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.


Market Vectors Russia ETF

(RSX) - Get Report


After a five-day losing streak that pushed the fund to its lowest levels since early October, the Russian market-tracking RSX is finding some strength.

India is another battered BRIC nation that appears to be finding some footing. The

PowerShares India Portoflio

(PIN) - Get Report

was up over 1.5% during early afternoon trading.

Outside of the BRIC acronym, the

iShares MSCI Turkey Investable Market Index Fund

(TUR) - Get Report

is seeing gains as well.

iShares Dow Jones U.S. Home Construction Index Fund

(ITB) - Get Report


Homebuilder ETFs including the iShares sponsored ITB and the

SPDR S&P Homebuilder ETF

(XHB) - Get Report

suffered during the first three days of the week, retreating back below their 200-day moving averages.

This losing streak appears to have snapped however, as investors have taken cautious steps back into the marketplace.

iShares MSCI Switzerland Index Fund

(EWL) - Get Report


After suffering a discouraging string of losses, non-EU focused European ETFs like EWL and

Global X Norway ETF

(NORW) - Get Report

are finding some room to head higher.

The Swiss franc is seeing strength as well, indicated by the upward action seen from the

CurrencyShares Swiss Franc Trust

(FXF) - Get Report

. As we approach the end of the week, the Swiss National Bank has returned to the headlines, announcing that they are sticking to the cap placed on the currency earlier this year.


iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get Report


The fear index has once again slipped below its 200-day moving average. Barring this past Tuesday's retreat, this is the first time this level has been pierced since late July.

VXX is taking a hit as investors regain some confidence. The fund has tumbled to its lowest levels since late October.

Market Vectors Solar Energy ETF



Solar industry leader

First Solar

(FSLR) - Get Report

is struggling to find footing following Wednesday's steep drop-off. The company's dramatic downturn has weighed heavily on KWT, causing the fund to carve out a new all-time low.

Fellow solar ETF

Guggenheim Solar ETF

(TAN) - Get Report

is unchanged.

Market Vectors Junior Gold Miners ETF

(GDXJ) - Get Report


Gold broke through the closely-watched 200-day moving average recently, leading many investors to question the long-term strength of the popular precious metal. As we approach the weekend, physically-based gold ETFs like the

iShares Gold Trust

(IAU) - Get Report

are hovering in relatively unchanged territory. Gold miners, however, are heading south. Leading the retreat are the smallest and most volatile industry players.

All prices as of 2:15 PM EST

Written by Don Dion in Williamstown, Mass.


>>Why Misspelling Wal-Mart Puts You At Risk

>>Verizon Starts Selling Galaxy Nexus

At the time of publication, Dion Money Management owned iShares Gold Trust.