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 Solar Energy ETF
Solar energy ETFs are gaining ground, helping KWT and the
Guggenheim Solar ETF
punch through its highs in October. Today's action extends TAN's winning streak to seven days.
Yingli Green Energy
are two standout winners from this corner of the energy sector. Both are up over 20% in early afternoon trading.
iPath S&P 500 VIX Short Term Futures ETN
Despite an encouraging initial jobless claims report and news of a Greece agreement, trading is tepid as we near the end of the week. This, in turn, is helping both VXX and the VIX benchmark index push into positive territory. VXX's three-day string of gains is its longest in 2012.
PowerShares DB Base Metals Fund
Improving economic conditions have inspired investors to regain exposure to market-correlated asset classes. Base metals have becoming a beneficiary, evidenced by the steep upward trajectory of DBB. In the opening weeks of 2012, this fund, which tracks the performance of futures contracts linked to resources like copper, aluminum, and zinc, has surged to its 200-day moving average. The last time this level was tested was in August.
iShares MSCI Turkey Investable Market Index Fund
The emerging nations comprising Eastern Europe are struggling, pushing funds like TUR and the
Market Vectors Russia ETF
into negative territory. Meanwhile, nations to the west are seeing limited action to the upside. The
iShares MSCI Germany Index Fund
iShares MSCI France Index Fund
iShares MSCI Spain Index Fund
have gained less than 0.5%.
Teucrium Corn ETF
While the base metal-tracking DBB is heading higher, the same can not be said for other futures-backed ETFs. For example, funds like CORN and the
iPath Dow Jones UBS Grains Subindex Total Return ETN
are heading lower.
The weakness in grains is weighing on broader agriculture ETFs as well. The
PowerShares DB Agriculture Fund
is off nearly 1%.
iShares Barclays 20+ Year Treasury Bond Fund
The gains seen from the volatility index indicate some jitters, but investors are showing resistance towards the idea of unloading their risky assets. Safe havens like long-term U.S. Treasuries are taking a shot across the bow, pushing TLT below near term support. Looking to the near term, investors may want to keep an eye on this fund to see if it can find some footing.
All prices as of 2:13 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.