Dion's Tuesday ETF Winners and Losers - TheStreet

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.

Winners

iShares Silver Trust

(SLV) - Get Report

3.4%

Silver prices are heading higher, pushing both the bullion-backed SLV and the miner-focused

Global X Silver Miners ETF

(SIL) - Get Report

to noticeable gains.

SLV and SIL are not alone, however. Fellow precious metals ETFs including

Market Vectors Junior Gold Miners ETF

(GDXJ) - Get Report

and

ETFS Physical Palladium Shares

(PALL) - Get Report

are also trading in positive territory.

United States Gasoline Fund

(UGA) - Get Report

1.8%

The energy corner of the commodities spectrum is getting a lift, evidenced by the positive action from UGA and

United States Oil Fund

(USO) - Get Report

.

These gains are helping to buoy ETFs designed to target energy-dependant nations.

Global X Norway ETF

(NORW) - Get Report

and

Market Vectors Russia ETF

(RSX) - Get Report

are both powering higher.

Market Vectors Rare Earth/Strategic Metals ETF

(REMX) - Get Report

1.9%

The REMX continues to yo-yo from day to day as investors continue to debate the future of the rare earths industry.

Given its inherent volatility, this fund may not be appropriate for conservative investors. Those willing to take on the risks associated with REMX should keep exposure small and focused.

Losers

Market Vectors Vietnam ETF

(VNM) - Get Report

-3.7%

Vietnam's marketplace has run into heavy headwinds throughout the latter half of May. Shares of VNM have fallen every trading day since May 16, resulting in new all-time lows.

Inflation concerns appear to be playing a major role in Vietnam's downturn. Looking ahead, investors will want to keep this in mind when weighing emerging market options.

iPath Dow Jones UBS Grains Subindex Total Return ETN

(JJG) - Get Report

-1.7%

Although many corners of the commodities market are powering higher, the grains industry is lagging noticeably. JJG is designed to track futures contracts linked to corn, wheat and soybeans.

Fellow agriculture-related ETN

iPath Dow Jones UBS Sugar Subindex Total Return ETN

(SGG) - Get Report

has gained 1.7%.

iShares S&P North American Technology-Multimedia Networking Index Fund

(IGN) - Get Report

-1.2%

The networking industry is taking a shot across the bow, leading IGN to some of the ETF industry's most notable losses. Top holding

Acme Packet

(APKT)

is taking a noticeable hit, dipping over 3% in early afternoon trading. APKT investors recently learned that the firm's president and CEO unloaded 50,000 shares late last week.

All prices as of 2:14 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 of the equities mentioned.