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.

Winners

Global X Uranium ETF

(URA) - Get Global X Uranium ETF Report

9.1%

Uranium miners kicked off this shortened week of trading on a strong note, pushing URA to its highest levels since the start of November. No. 3 holding Paladin Energy is one of the fund's biggest movers despite announcing a mixed output forecast.

Although the firm paring back its production expectations, Paladin foresees price improvements down the road. It has been a rough year for this part of the energy market. Investors should continue to use caution here.

iShares MSCI Poland Investable Market Index Fund

(EPOL) - Get iShares MSCI Poland ETF Report

4.1%

Downgrade fears helped Europe-linked ETFs close out last week on a sour note. Judging by the upward performance from EPOL, the

iShares MSCI Turkey Investable Market Index Fund

and the

iShares MSCI Germany Index Fund

(EWG) - Get iShares MSCI Germany ETF Report

, however, it appears as though concerns have quickly been brushed off.

The market resilience we have seen in recent weeks has been encouraging. Still, investors should exercise extreme caution when it comes to venturing into tumultuous regions like Europe.

iShares S&P India Nifty 50 Index Fund

(INDY) - Get iShares India 50 ETF Report

3.8%

An encouraging GDP report from China has helped to revive investor confidence in the emerging markets. Not surprising, funds like the

iShares FTSE China 25 Index Fund

(FXI) - Get iShares China Large-Cap ETF Report

and the

Guggenheim China Small Cap ETF

(HAO) - Get Invesco China Small Cap ETF Report

are gaining ground following this promising economic news. India, however, is leading the climb higher.

TheStreet Recommends

Guggenheim Solar ETF

(TAN) - Get Invesco Solar ETF Report

3.4%

After Friday's downturn, the solar energy industry has quickly regained its footing, returning to its upward path. While alternative energy producers are leading the way higher, funds designed to track firms linked to oil are also sitting in positive territory. The

SPDR S&P Oil & Gas Exploration & Production ETF

(XOP) - Get SPDR S&P Oil & Gas Exploration & Production ETF Report

is up over 1%.

Losers

United States Natural Gas Fund

(UNG) - Get United States Natural Gas Fund LP Report

-5.3%

Mild weather continues to plague natural gas prices and push futures-linked products like UNG and the

iPath Dow Jones UBS Natural Gas Subindex Total Return ETN

(GAZ) - Get iPath Series B Bloomberg Natural Gas Subindex Total Return ETN Report

to new all-time lows. This decline marks both funds' sixth consecutive day of negative action.

Given this steep decline, investors may be tempted to try and pick a bottom. This strategy, however, is not recommended; it is unclear what is in store for this troubled segment of the energy spectrum.

iPath S&P 500 VIX Short Term Futures ETN

(VXX) - Get iPath Series B S&P 500 VIX Short-Term Futures ETN Report

-2.9%

The fear-tracking VXX ETN managed to push higher at the end of last week as European fears witnessed a comeback. These gains have been quickly wiped out, however, as investors return from the extended weekend in a buying mood.

VXX is currently testing its previous 2012 low. It will be interesting to see if this level holds up in the days ahead.

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 equities mentioned.