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

0.9%

All three major U.S. indices were treading in negative territory today, paving the way for the VIX-based ETNs to score some upside strength.

VXX continues to trade around all- time lows, though it appears to have flattened out in recent weeks. Investors should continue to steer clear of this fund at all means.

Guggenheim Solar ETF

(TAN) - Get Report

3.1%

Despite economic concerns from Europe, the solar energy industry is still managing to churn out gains today, continuing along the upward path it has been on since the start of September.

Despite the fund's impressive run, investors should still exhibit caution when approaching this industry. Solar companies are heavily reliant on government subsidies. With talks of austerity still in the air, these handouts remain threatened.

iShares Dow Jones U.S. Oil Equipment & Services Index Fund

(IEZ) - Get Report

2%

Trading is choppy today but the oil industry is still managing to pull off a day of gains. The fund's ascension throughout September has helped it surpass previous summer highs, approaching levels last seen at the start of May.

Energy continues to be an exciting area of the market to watch and IEZ is a far more reliable play on the industry than a futures-backed fund such as the

United States Oil Fund

(USO) - Get Report

.

United States Natural Gas Fund

(UNG) - Get Report

0.0%

The UNG started off the day suffering noteworthy losses in light of waning concerns about the Gulf storm outlook and the generally choppy market. However, by mid-afternoon, the fund managed to recoup its losses and is currently trading in unchanged territory.

Losers

iPath Dow Jones UBS Sugar Total Return Subindex ETN

(SGG) - Get Report

-1.5%

After five consecutive gains, the sugar ETN is taking a breather. This fund's ascension has been staggering and it is currently trading at levels last seen in the latter half of February.

While impressive, I continue to advise investors looking for agriculture exposure to look to the

PowerShares DB Agriculture Portfolio

(DBA) - Get Report

, a diversified portfolio that is better suited to weather dips in any single crop. Today, the fund is down only 0.8%.

iShares MSCI Spain Index Fund

(EWP) - Get Report

-0.5%

Ongoing concerns about the nation's debt picture and threats of austerity are driving Spanish citizens to the street in protest. This political turmoil is weighing heavily on the nation's markets and driving EWP lower. Expect this fund to continue to trade wildly as the nation seeks solutions to its political and economic crises.

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 PowerShares DB Agriculture Portfolio.

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.