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.
SPDR S&P Metals & Mining ETF
and coal producer
Alpha Natural Resources
are powering XME higher today, jumping nearly 5% and over 6% respectively in early afternoon trading.
The metals and mining ETF has gotten bashed around recently as investors digest multiple servings of dismal economic news. While today marks a strong day for XME, investors should remain cautious towards this industry.
Despite the strength from global miners, copper prices are taking a hit with
iPath Dow Jones UBS Copper Total Return Subindex ETN
falling over 1%.
Market Vectors Junior Gold Miners ETF
Silver and gold miners are leading the precious metals industry to gains, helping to lift GDXJ,
Global X Silver Miners ETF
Market Vectors Gold Miners ETF
Investors fearful of the abundance of uncertainty plaguing the market may find funds linked to precious metals as a welcomed source of stability and comfort.
Market Vectors Vietnam ETF
After tapping new all-time lows at the end of last week, the Vietnam ETF has staged an impressive rally, recovering nearly all of the previous week's losses.
Vietnam, like other countries considered frontier markets, tend to move independent of other members of the global economy making funds such as VNM attractive to risk tolerant investors.
The Thai markets are soaring higher today as well, lifting the
iShares MSCI Thailand Investable Market Index Fund
United States Oil Fund
Crude oil prices took a knock today, leading USO to heavy losses.
Meanwhile, natural gas prices are seeing a continuation of Monday's gains. After treading in negative territory early on in the day, the
United States Natural Gas Fund
is poking into positive ground.
Weather continues to play a big part in directing fuel prices. While the East Coast of the U.S. prepares for hurricane Earl, forecasters are predicting that the storm will avoid natural gas and oil production sites in the Gulf of Mexico. USO and UNG may be in for rocky ride over the next few days.
ProShares UltraShort 20+ Year Treasury Bond ETF
The markets are scoring gains today but investors are still seeking safety and piling into long term U.S. Treasuries. While TBT is taking a shot across the bow, the
iShares Barclays 20+ Year Treasury Bond Fund
is treading higher, gaining nearly 0.9% in early afternoon trading.
iShares MSCI Japan Index Fund
The yen is showing that it still has some fuel left in its tank, powering back to 15-year highs versus the U.S. dollar. In response to the currency's assault higher, Japan's equity markets are taking a heavy knock.
Although the weight of the currency has weighed on Japanese stocks, EWJ continues to outperform the broad Nikkei Index.
All prices as of 2:16 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was long iShares MSCI Thailand Investable Market Index Fund, Market Vectors Junior Gold Miners ETF and iShares MSCI Japan Index Fund.
Don Dion is president and founder of
, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.
Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.