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:

iPath S&P 500 VIX Short-Term Futures ETN

(VXX) - Get Report

+6.9%

As markets suffered across the board today, the

Volatility S&P 500 Index

I:VIX

, otherwise known as the fear index, rose considerably. VXX derives its value from the performance of this index, which has reacted favorably to the recent market downturn.

iShares Barclays 20+ Year Treasury Bond

(TLT) - Get Report

+1.4%

Similarly, US government treasury-based funds such as TLT have benefited from poor markets, as investors flock to bonds in the hopes of gleaning stable investment.

Other notable players within this ETF branch include

iShares Barclays 7-10 Year Treasury

(IEF) - Get Report

and

iShares Barclays 10-20 Year Treasury Bond

(TLH) - Get Report

, which have both rallied throughout the day.

PowerShares DB US Dollar Index Bullish

(UUP) - Get Report

+1.8%

The U.S. Dollar Index has made a noteworthy push today, mainly thanks to the decline of the euro. Funds holding euro denominated stocks and bonds were also down for the day and U.S. dollar denominated assets generally outperformed them.

Losers:

iShares MSCI Spain Index

(EWP) - Get Report

-6.4%

Second only to Greece, Spain represents a weak point within Europe and has been the weakest of European country ETFs today. In the face of market uncertainty, investors tend to pull out of Spanish investment more readily than other country funds.

Claymore/MAC Global Solar Energy

(TAN) - Get Report

-5.5%

Since the alternative energy sector is inherently susceptible to market fluctuations, it has been hit hard as markets underperformed today. In the wake of recent oil price dips, energy funds, including TAN, have suffered.

Global X Lithium ETF

(LIT) - Get Report

-4.6%

The newly-released Lithium fund hit a roadblock today as inherent volatility took its toll on the fund. In addition,

A123 Systems

(AONE)

suffered a staggering 16% loss, accounting for 4.8% of LIT's holdings and factoring into the ETF's dip today.

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management was not long any of the equities mentioned.

Don Dion is president and founder of

Dion Money Management

, 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.